*Newgen Software Technologies Ltd.* | *CMP* Rs. 605 | *M Cap* Rs. 4232 Cr | *52 W H/L* 755/198
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 185.5 Cr (16.3% QoQ, 19.7% YoY) vs QoQ Rs. 159.5 Cr, YoY Rs. 155 Cr
EBIDTA came at Rs. 46.6 Cr (104.7% QoQ, 13.3% YoY) vs QoQ Rs. 22.8 Cr, YoY Rs. 41.1 Cr
EBITDA Margin came at 25.1% vs QoQ 14.3%, YoY 26.5%
Adj. PAT came at Rs. 37.4 Cr vs QoQ Rs. 21.6 Cr, YoY Rs. 29.2 Cr
Quarter EPS is Rs. 5.3
Share is trading at P/E of 28.8x TTM EPS