Newgen Software’s UK arm bags 4.2 million euro order from TCS subsidiary; check details

Newgen Software Technologies, the IT services company, on Wednesday, September 24, said that its UK-based wholly owned subsidiary, Newgen Software Technologies (UK) Limited, received an order worth 4.22 million euro from Tata Consultancy Services N.V., Belgium.

The company’s arm executed the master service agreement with TCS’s wholly owned subsidiary for cloud hosting, software license, and implementation services for the end customer, Newgen Software said in a regulatory filing.

Under the five-year-long agreement, Newgen Software will provide a modernised cloud-based enterprise records management platform, it added.

In a separate filing in August, the company received a domestic purchase order worth ₹73.12 crore for scanning and digitisation of pending or disposed judicial and administrative records or files of a state court on a turnkey basis.

Newgen Software Technologies' share performance

Newgen's stock closed 0.98% lower at ₹875.50 per equity share on the National Stock Exchange (NSE) on Wednesday.

The share has declined 1.35% over the week but gained 0.6% over the month. It has fallen 24.85% over three months and 14.4% over a period of six months. On a year-to-date basis, it has slipped 49.25%.

While the scrip reached a 52-week low of ₹758.20 on April 7, 2025, it touched a year’s high of ₹1,798.90 on January 15, 2025.

Newgen Software Technologies has a total market capitalisation of ₹12,403.98 crore, as of September 24, 2025, according to data on the NSE.

Newgen Software Technologies Q1 results

The IT company reported a 4% year-on-year (YoY) increase in its net profit to ₹50 crore in the June quarter of FY26, compared to ₹48 crore in the corresponding period a year earlier.

Newgen’s revenue from operations surged 2% YoY to ₹321 crore during the quarter under review, as against ₹315 crore in the first quarter of FY25.

Its EBITDA (earnings before interest, tax, depreciation, and amortisation), also known as operating profit, stood at ₹45 crore in Q1FY26, marking a 6% YoY decline from ₹48 crore in the June quarter of FY25.