EBITDA stood at Rs 102.4 crore , recording the growth of 23.4% compared with Rs 83 crore posted in corresponding quarter last year. EBITDA margin improved to 25.5% in Q2 FY26 as against 23% in Q2 FY25.
In Q2 FY26, revenue from subscription stood at Rs 126 crore, up 20% YoY. Revenue from the sale of products/license was at Rs 74 crore during the quarter.
On half-yearly basis, the company’s consolidated net profit jumped 11.5% to Rs 1,314.63 crore on 6.74% increase in revenue from operations to Rs 7,214.49 crore in H1 FY26 over H1 FY25.
Diwakar Nigam, chairman & managing director, Newgen Software Technologies, said – “Q2 witnessed strong growth of 11% in revenues and addition of 15 new logos across geographies. We witnessed traction in new geographies and large deals breakthrough in mature markets, which is expected to help us in further scaling up in these geographies. Our Subscription revenues also witnessed strong growth of 20% YoY.”
Virender Jeet, CEO, Newgen Software, said, “We are deepening our presence in the Banking vertical and working on building customer journeys in private enterprises. In Insurance, beyond customer journeys, we are also moving into Policy Administration System (PAS), which should help with large deal acquisitions and widening our presence in these segments. We are committed to accelerating our AI-first approach in our products and solutions and continuously investing for the same.”
Newgen Software Technologies is a global software company and is engaged in the business of software product development, including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to document management to imaging.
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