Newgen Software Technologies Limited has officially disclosed a significant material event involving its wholly-owned subsidiary, Newgen Software Technologies (UK) Limited. On May 6, 2026, the company announced that its UK arm executed a Statement of Work (SOW) with an overseas customer for a comprehensive suite of digital solutions. The contract, valued at approximately £1.12 million (equivalent to ₹14.47 Crores), underscores the company’s expanding international footprint and its ability to secure high-value long-term engagements in the European market.

The awarded contract involves the implementation of Newgen’s Enterprise Content Management (ECM) platform across the customer’s organization. This multi-year agreement, spanning a duration of 3.5 years, includes the provision of software licenses on a Cloud basis along with critical implementation and migration services. While the specific name of the United Kingdom-based customer has been withheld due to confidentiality reasons, the project is structured to streamline the client’s content-driven processes through Newgen’s specialized AI-first unified digital transformation platform.

Newgen Software is a global provider of low-code application platforms that unify process automation, content services, and customer engagement. Throughout 2025, the company achieved several milestones, including being recognized as a “Strong Performer” in the Forrester Wave™ for Digital Process Automation and being selected for the “Forbes Asia Best Under a Billion” list for the second consecutive year. Recent 2025 updates highlight a strong momentum in “Annuity” revenue streams, with significant deal closures such as a ₹32 Crore contract with the Reserve Bank of India and a $2.3 million agreement with a Saudi Arabian power entity. The company continues to invest heavily in its AI-first strategy, recently launching generative AI agents like Lumyn and Harper to enhance enterprise productivity.

For the quarter ended December 31, 2025 (Q3 FY’26), Newgen reported consolidated revenue from operations of ₹400 Crores, reflecting a 5% year-on-year growth compared to ₹381 Crores in the corresponding quarter of 2024. The profit after tax (adjusted) for the same period stood at ₹90 Crores. In terms of quarterly growth, revenue remained relatively flat compared to the ₹401 Crores reported in Q2 FY’26, though subscription revenues witnessed a robust 29% year-on-year surge. Notable institutional presence in the company includes various global funds, with prominent investors and promoters like Diwakar Nigam and T.S. Varadarajan continuing to hold significant stakes exceeding 20% each.