NEWGEN2023-07-012023-09-30 NEWGEN2023-07-012023-09-30 NEWGEN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member NEWGEN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member NEWGEN2023-09-30 NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member NEWGEN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member NEWGEN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member NEWGEN2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NEWGEN2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member NEWGEN2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540900 NEWGEN NOTLISTED Newgen Software Technologies Limited Equity 2023-04-01 2024-03-31 2023-10-17 2023-10-09 INR Lakhs Half yearly 13:05:00 13:25:00 2023-10-17 2023-10-17 true Cash Flow Indirect Not applicable Geographical 2023-07-01 2023-09-30 Unaudited Standalone 2639586000.00 84064000.00 2723650000.00 0.00 0.00 0.00 1325244000.00 10274000.00 63241000.00 793164000.00 2191923000.00 531727000.00 0.00 531727000.00 100850000.00 -5528000.00 95322000.00 0.00 436405000.00 0.00 0.00 0.00 0.00 436405000.00 -2039000.00 434366000.00 434366000.00 0.00 697389000.00 10 6.26 6.14 0.00 0.00 6.26 6.14 Statement of Standalone and Consolidated Financial Results of Newgen Software Technologies Limited for the quarter and half year ended 30 September 2023. Notes:- 1.The above financial results for the quarter and half year ended 30 September 2023 were reviewed by the Audit Committee in their meeting held on 17 October 2023 and approved by the Board of Directors in their meeting held on 17 October 2023. Standalone and Consolidated financial results of the Company for the quarter and half year ended 30 September 2023 are prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and relevant rules thereunder. 2.The auditors have carried out limited review of Standalone and Consolidated results of the Company for the quarter and half year ended 30 September 2023. There are no qualifications in the Auditor's review report on these financial results. 3.During the year, the Nomination & Remuneration Committee has granted 20,000 RSUs on 19 July 2023 to its employees under Newgen Restricted Stock Unit Scheme – 2021. The Committee has also granted 68,150 options to its employees under Newgen ESOP Scheme 2022. 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 all periods presented in the above results as prescribed in the IND AS 103- Business Combination of entities under common control. Previous periods/ year’s numbers have been accordingly restated. There are no material impact on the Standalone and Consolidated results of the Company for the current period as well as for the comparative periods. 5.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 Diwakar Nigam Chairman & Managing Director DIN: 00263222 Place: Noida Date: 17 October 2023 Geographical 2023-04-01 2023-09-30 Unaudited Standalone 4875611000.00 203002000.00 5078613000.00 0.00 0.00 0.00 2549037000.00 21404000.00 126252000.00 1529148000.00 4225841000.00 852772000.00 0.00 852772000.00 171839000.00 -27284000.00 144555000.00 0.00 708217000.00 0.00 0.00 0.00 0.00 708217000.00 -4149000.00 704068000.00 704068000.00 0.00 697389000.00 10 10.16 9.95 0.00 0.00 10.16 9.95 Other Expenses 793164000.00 Other Expenses 1529148000.00 1596155000.00 28331000.00 673719000.00 244915000.00 0.00 965961000.00 1210876000.00 219716000.00 1351000.00 3730148000.00 0.00 2313454000.00 2274241000.00 396146000.00 1822338000.00 1836000.00 1506779000.00 8314794000.00 178544000.00 232501000.00 8725839000.00 12455987000.00 697389000.00 8985009000.00 9682398000.00 9682398000.00 259173000.00 259173000.00 367085000.00 626258000.00 98580000.00 496358000.00 1101920000.00 1696858000.00 217550000.00 121713000.00 111210000.00 2147331000.00 2773589000.00 12455987000.00 APAC 283087000.00 EMEA 925788000.00 India 928948000.00 USA 501763000.00 APAC 528179000.00 EMEA 1707288000.00 India 1702422000.00 USA 937722000.00 2639586000.00 4875611000.00 0.00 0.00 2639586000.00 4875611000.00 APAC 40126000.00 EMEA 233642000.00 India 186880000.00 USA 85579000.00 APAC 50545000.00 EMEA 376901000.00 India 298015000.00 USA 101368000.00 546227000.00 826829000.00 10274000.00 21404000.00 4226000.00 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’. b) In accordance with Ind AS-108 Operating Segments and based on Management Evaluation , the Company in previous quarters used to allocate AI platforms cost related to employees of Number Theory Software Private Limited to India Segment, however, keeping in view the changes to the internal reporting, the management has allocated this cost to all the regions considering this to be a common cost. -47347000.00 531727000.00 852772000.00 APAC 432967000.00 EMEA 1370678000.00 India 1794996000.00 USA 629329000.00 4227970000.00 8228017000.00 12455987000.00 APAC 236464000.00 EMEA 735913000.00 India 812084000.00 USA 324515000.00 2108976000.00 664613000.00 2773589000.00 16301000.00 0.00 704691000.00 0.00 -107051000.00 60000.00 -7700000.00 -139379000.00 0.00 -43515000.00 0.00 -124065000.00 0.00 126252000.00 0.00 28088000.00 21061000.00 537000.00 0.00 -36845000.00 0.00 116640000.00 87760000.00 -31800000.00 0.00 -11954000.00 0.00 136713000.00 0.00 502514000.00 1355286000.00 0.00 0.00 0.00 202341000.00 0.00 1152945000.00 0.00 0.00 907441000.00 1870000000.00 0.00 0.00 0.00 0.00 2199000.00 21763000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 57657000.00 0.00 86392000.00 0.00 -838074000.00 0.00 0.00 0.00 0.00 0.00 0.00 6274000.00 0.00 0.00 0.00 47402000.00 0.00 349779000.00 0.00 0.00 0.00 -390907000.00 -76036000.00 0.00 -76036000.00 472182000.00 396146000.00 Remeasurement of defined benefit liability/(asset) -330000.00 Remeasurement of defined benefit liability/(asset) -660000.00 -330000.00 -660000.00 -116000.00 -231000.00 Debt instruments through other comprehensive income - net change in fair value -2379000.00 Debt instruments through other comprehensive income - net change in fair value -4850000.00 -2379000.00 -4850000.00 -554000.00 -1130000.00