**Financial Highlights:** Newgen's Q1 FY26 revenue reached ₹320.6 Cr (+1.9% YoY), with PAT at ₹49.7 Cr (+4.5% YoY), yielding a 15.5% margin.

Subscription revenue grew 19%. Annuity streams represented 69% of revenue.

Net cash from operations was ₹81.1 Cr. **Strategic Initiatives & Growth Drivers:** Newgen is advancing its NewgenONE low-code platform by integrating GenAI, including a Growth Intelligence Platform and AI Agents, to boost enterprise efficiency and foster innovation. **Business Developments:** 12 new customer logos were added, securing key wins like a $2.5Mn EMEA bank deal and a $1.6Mn Saudi finance contract.

New projects were also acquired in India and the Philippines, alongside a new data compression patent. **Market Position & Competitive Advantage:** A Forrester "Leader" in Content Platforms, Newgen showcases a resilient model with diversified revenue (67% Banking) and strong annuity contributions (69%), reinforced by its global presence. **Investor Implications:** While Q1 revenue faced soft deal closures, PAT grew and high annuity revenues persist.

Strategic GenAI investments and recent wins point to positive growth.

Rising debtor days should be observed.