Newgen Software Share Price Plunges Over 6% After Q1 Results – Key Financials Inside

Market Performance

The Newgen Software share price experienced a sharp decline in early trade on Thursday, July 17, following the announcement of its Q1 FY26 results.

• Opening Price: ₹1,094.90
• Previous Close: ₹1,091.40
• Intraday Low: ₹1,022.60
• Decline: 6.30% in intraday
• Price at 2:05 PM: ₹1,027.20, down 5.88%

During the same period, the broader market also experienced weakness, with the Nifty 50 down 0.16% at 25,173.

Main News

The Newgen Software share price dropped sharply after the company declared its June quarter earnings during market hours. The stock has been under consistent pressure recently, and the Q1 results triggered further declines.

Company Details

Newgen Software Technologies is a mid-cap IT company focused on digital transformation solutions across various geographies. Despite facing pressure on the stock market front, the company continues to maintain its business momentum.

During Q1FY26, the firm secured 12 new logos, highlighting continued demand for its AI-powered automation platforms.

Revenue

• Q1FY26 Revenue from Operations: ₹320.66 Crore
• YoY Growth: 2%
• Q1FY25 Revenue: ₹314.72 Crore

Chairman & MD Diwakar Nigam emphasized consistent global interest in Newgen's digital solutions, which helped maintain steady top-line growth.

Net Profits

• Q1FY26 Consolidated Profit: ₹49.72 Crore
• YoY Growth: 4.5%
• Q1FY25 Profit: ₹47.57 Crore

The company posted modest profit growth during the quarter despite prevailing market headwinds.

Other Financial Highlights

• Total Revenue Reported: ₹321 Crore
• Profit After Tax (PAT): ₹50 Crore
• Subscription Revenue Growth (YoY): 19%

Newgen noted a recovery in subscription-based income, a segment that has shown strong traction post-pandemic.

Newgen's Strategic Focus

CEO Virender Jeet stated that Newgen remains committed to AI-led transformations, which are now central to customer acquisition and retention.

Products like Marvin (for task automation) and Harper (for client interactions) are driving cross-sector interest and helping deliver cost-efficient solutions.

Newgen Software Share Price Trend

The Newgen Software share price has significantly underperformed this year:

• YTD Performance: Down nearly 40%
• July Performance: Dropped 12% so far
• 52-Week Low: ₹758.20 (April 7)
• 52-Week High: ₹1,798.90 (January 15)

The stock continues its bearish trend, having now logged losses for the second consecutive month.

Summary of the Article

The Newgen Software share price declined over 6% on July 17 following the release of its Q1FY26 earnings. While the company reported steady revenue growth (2%) and a 4.5% rise in net profit, the stock faced heavy selling pressure. With subscription revenue climbing 19% and 12 new clients added, Newgen's strategic focus remains on AI-driven product innovation. However, with a 40% drop year-to-date, the stock remains in a downtrend despite operational resilience.