Newgen Software shares slide over 16% in three days after weak Q1 earnings
Shares of Newgen Software have declined more than 16% in the past three sessions following the company’s weaker-than-expected Q1FY26 results. On Monday, the stock fell 4.8% to Rs 916.8 on the BSE.
Newgen Software Q1 performance
Newgen reported a consolidated net profit of Rs 49.72 crore for the April–June quarter, up 4.5% year-on-year from Rs 47.57 crore. However, on a sequential basis, profit slumped 54% from Rs 108 crore in Q4FY25.
