Newgen Software Lands 165.3M INR Digital Lending Order, Q3 Profit Soars 64%

• Newgen Software secured a ₹16.53 crore order for the supply, installation, customization, and maintenance of a digital lending platform.
• The order is expected to be completed over the next 5 years.
• In the September quarter, the company's net profit rose 64% to ₹82 crore, and revenue increased 25% to ₹401 crore quarter-on-quarter.
• EBIT more than doubled to ₹93.5 crore, and EBITDA grew 138% to ₹102.6 crore compared to the previous quarter.
• On Monday, the company's shares closed at ₹862.55, up 0.64%, despite a 39.64% decline over the last year.

Why It Matters: Newgen Software's new order and strong financials signal potential stock growth.