Coforge Limited has informed the Exchange regarding a press release dated July 23, 2025, titled "Press release on Financial Results for the quarter ended June 30, 2025".
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Awaiting price reaction for this filing.
Coforge reported strong Q1FY26 results with revenue of US$442 million (INR 3,689 crore), up 9.6% QoQ and 54.5% YoY in dollar terms. EBITDA grew 13.6% QoQ to US$77.3 million, with margins expanding 61 basis points to 17.5%. Profit after tax surged 138.4% YoY to INR 317 crore, supported by a robust US$507 million order intake and an executable order book of US$1.55 billion (up 46.9% YoY). The company signed 5 large deals, added 1,164 employees to a headcount of 34,187, and held attrition at a low 11.3%. Management guided toward 14% EBIT margin for FY26, targeting a 9th consecutive year of growth, and declared an interim dividend of INR 4 per share (record date July 31, 2025).
Strong revenue growth, margin expansion, a healthy order pipeline, and upbeat FY26 guidance are positive signals for shareholders. The interim dividend adds near-term income support, though much of the optimism may already be priced into the stock.