NEWGEN2024-04-012024-06-30 NEWGEN2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member NEWGEN2024-06-30 NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue04Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults04Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets04Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2024-06-30in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540900 NEWGEN NOTLISTED Newgen Software Technologies Limited Equity 2024-04-01 2025-03-31 2024-07-18 2024-07-10 INR Lakhs First quarter 11:50:00 12:10:00 2024-07-18 2024-07-18 Not applicable Geographical 2024-04-01 2024-06-30 Unaudited Standalone 2827686000.00 216479000.00 3044165000.00 0.00 0.00 0.00 1473813000.00 9363000.00 71544000.00 941934000.00 2496654000.00 547511000.00 0.00 547511000.00 117994000.00 5643000.00 123637000.00 0.00 423874000.00 0.00 0.00 0.00 0.00 423874000.00 -8158000.00 415716000.00 415716000.00 0.00 1398824000.00 10 3.03 2.94 0.00 0.00 3.03 2.94 Statement of Standalone and Consolidated Financial Results of Newgen Software Technologies Limited for the quarter ended 30June 2024 Notes: 1. The above financial results for the quarter ended 30 June 2024 were reviewed by the Audit Committee in the meeting held on 18 July 2024 and approved by the Board of Directors in their meeting held on 18 July 2024. Standalone and Consolidated financial results of the Company for the quarter ended 30 June 2024 are prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and relevant rules thereunder. The company has complied with the guidelines issued by Securities & Exchange Board of India (SEBI) to the extent applicable. 2.The auditors have carried out limited review of Standalone and Consolidated results of the Company for the quarter ended 30 June 2024. There are no qualifications in the Auditor's review report on these financial results.The figures for the quarter ended 31 March 2024 are the balancing figures between the audited figures for full financial year up to 31 March 2024 and the unaudited year-to-date figures up to the nine months ended 31 December 2023 which were subjected to limited review. 3.The Board of Directors in their meeting held on 30 April 2024 recommended a dividend of INR 4.00 per equity share ( on face value of INR 10/- each on the expanded capital base post bonus issue of 1:1) for the financial year ended 31 March 2024. The payment is subject to approval of shareholders at the ensuing Annual General Meeting. 4.A Scheme of Amalgamation u/s 230-232 of the Companies Act, 2013 which provides for the merger of Number Theory Software Private Limited (NTSPL), a wholly-owned subsidiary of the Company, was filed with the Delhi Bench of National Company Law Tribunal (NCLT). NCLT through its Order dated 27th September 2023 approved the aforesaid Scheme. Upon the sanction becoming effective from the appointed date i.e. 01.04.2022 as provided under the Scheme, NTSPL stands dissolved without undergoing the process of winding up. The Company has accounted for the merger under the Pooling of Interest method retrospectively for period presented in the above results as prescribed in the IND AS 103- Business Combination of entities under common control. Previous period numbers have been accordingly restated. There are no material impact on the Standalone and Consolidated results of the Company for the comparative period. 5.Pursuant to the Board approval on 27 November 2023 and shareholder's approval on 2 January 2024, through Postal Ballot, the Company has allotted 7,00,69,401 bonus shares of INR 10/- each (fully paid up) on 13 January 2024 to the eligible members of the Company whose names appear in the Register of Members of the Company /List of Beneficial Owners as on the Record Date i.e., 12 January 2024 in the ratio of 1:1. The said bonus shares shall rank pari passu in all respects with the existing equity shares of the Company, including dividend. As a result of the bonus issue, the paid-up capital of the Company has increased to INR 14,013.88 lakhs from INR 7,006.94 lakhs. Consequent to the above increase in paid-up capital, the earnings per share (Basic and Diluted) have been adjusted for the quarter ended 30 June 2023. 6.During the quarter ended 30 June 2024, the Nomination & Remuneration Committee has granted 1,91,400 options to its employees under Newgen ESOP Scheme 2022 on 30 April 2024. 7.Previous periods/years figures have been regrouped/reclassified wherever necessary to correspond with the current period/year classification/disclosure, which are not considered material to these financial results. For and on behalf of the Board of Directors of Newgen Software Technologies Limited T S Varadarajan Whole Time Director DIN: 00263115 Place: Noida Date: 18 July 2024 Other Expenses 941934000.00 APAC 421135000.00 EMEA 973633000.00 India 925827000.00 USA 507091000.00 2827686000.00 0.00 2827686000.00 APAC 72589000.00 EMEA 171972000.00 India 110362000.00 USA 68235000.00 423158000.00 9363000.00 -133716000.00 Note :- a) Unallocated assets, liabilities, revenue and expenses: Certain assets, liabilities, revenue and expenses are not specifically allocable to individual segments as the underlying services are used interchangeably. The Company believes that it is not practicable to provide segment disclosures relating to such assets, liabilities, revenue and expenses and accordingly such assets, liabilities, revenue and expenses are separately disclosed as ‘unallocated’. 547511000.00 APAC 641099000.00 EMEA 1866657000.00 India 1996140000.00 USA 584535000.00 5088431000.00 10274872000.00 15363303000.00 APAC 335286000.00 EMEA 940700000.00 India 1044597000.00 USA 287789000.00 2608372000.00 814800000.00 3423172000.00 Remeasurement losses on defined benefit plans -11680000.00 -11680000.00 -4082000.00 Debt instruments through other comprehensive income - net change in fair value -730000.00 -730000.00 -170000.00