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#NewgenSoftware Technologies Q3 Concall Thread 🧵💻
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@NeilBahal
Newgen Q3 FY 22 Thread -
Updates-
1. Revenue for the quarter 209cr Up by 9% YoY / 9M revenue is 548cr 16% YoY
2. Annuity Revenue in Q3- 112cr up by 11% YoY
Like and Retweet for better reach !
@NeilBahal
Newgen Q3 FY 22 Thread -
Updates-
1. Revenue for the quarter 209cr Up by 9% YoY / 9M revenue is 548cr 16% YoY
2. Annuity Revenue in Q3- 112cr up by 11% YoY
3. SaaS revenues stands at 14.2cr down by 15% QoQ / Up by 23% 9M
4. SaaS revenues muted due to term readjustment of a larger contract.
5. Product licence revenue is up by 37% in Q3
4. SaaS revenues muted due to term readjustment of a larger contract.
5. Product licence revenue is up by 37% in Q3
6. Subscription Revenue to be the strongest growing at 20% YoY
Strategy of the company remain the same that is to Land & Expand
Business Updates-
1. Added 17 new logos in the quarter
2. Received pre orders from new and existing clients from around the globe in banking,
Strategy of the company remain the same that is to Land & Expand
Business Updates-
1. Added 17 new logos in the quarter
2. Received pre orders from new and existing clients from around the globe in banking,
