New Delhi: Newgen Software Technologies Ltd. reported a robust 11% year-on-year revenue growth in Q2FY26, with total revenue reaching ₹401 crore for the quarter ended September 30, 2025. Profit after tax (PAT) stood at ₹82 crore, marking a 16% increase over the same quarter last year and reflecting a healthy PAT margin of 20.4%.
The company added 15 new customer logos across geographies during the quarter, signaling strong traction in both emerging and mature markets. Management highlighted breakthroughs in large deals and expanding footprints in new territories as key drivers of growth.
Subscription revenues surged 20% year-on-year to ₹126 crore, reinforcing the company’s strategic pivot toward recurring revenue streams. The banking and insurance verticals continued to be focal points, with Newgen deepening its presence in customer journey solutions and expanding into Policy Administration Systems (PAS) to capture larger deals in the insurance domain.
Commenting on the performance, Chairman and Managing Director Diwakar Nigam 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.”
CEO Virender Jeet added, “We are committed to accelerating our AI-first approach in our products and solutions and continuously investing for the same.”
Newgen’s AI-first unified digital transformation platform continues to gain global recognition. The company was named a “Strong Performer” in the Forrester Wave™ Digital Process Automation Software, Q3 2025, and featured for the second consecutive year in Forbes Asia’s “Best Under A Billion” list published in August 2025.
Additional recognitions during the quarter included:
- Featured in Forrester’s Insurance Agency Management Systems Landscape, Q3 2025
- Named a representative vendor in Gartner® Market Guide for Commercial Banking Cash Management (August 12, 2025)
- Listed as a sample vendor in Gartner® Hype Cycle for Bank Lending, 2025 (July 28, 2025)
Newgen continues to position itself as a global leader in low-code, AI-powered digital transformation, with a focus on scalable cloud-based solutions for complex, content-driven business processes.
