Coforge Achieves 86% Profit Surge Amid Large Deal Momentum
Coforge reported an 86% year-on-year increase in net profit for the September quarter, driven by momentum from large deals. Revenue reached Rs 3985.7 crore, a 31.7% year-on-year increase. The company noted significant EBIT margin improvements and anticipates continued growth despite uncertain economic conditions.
- Country:
- India
Coforge, a prominent IT services firm, reported an impressive 86% year-on-year surge in consolidated net profit for the September quarter, reaching approximately Rs 376 crore. This growth was propelled by the company's continued momentum in securing substantial contracts, with five major deals signed in the quarter.
The revenue from operations rose significantly to Rs 3985.7 crore in the second quarter of FY2025-26, marking a 31.7% increase compared to the previous year. The net profit also reflected a sequential rise of 18.4%, standing at Rs 375.8 crore.
Improvements in profit margins were evident, with the EBIT margin climbing to 14%, an increase of 251 basis points quarter-on-quarter. Coforge's board has recommended an interim dividend of Rs 4 per share, with the record date set for October 31, 2025. CEO Sudhir Singh expressed optimism for a robust fiscal year, citing the company's strong order book and low employee attrition.
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