Coforge Limited has informed the Exchange regarding Board meeting held on May 05, 2025. Approval of audited Standalone and Consolidated financial results for the quarter/ Year ended March 31, 2025, Auditors Report
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Coforge's board approved audited consolidated and standalone results for Q4 and FY25 ended March 31, 2025, with the auditor (S.R. Batliboi & Associates LLP) issuing a clean, unmodified opinion. Consolidated revenue from operations grew to Rs 34,099 crore in Q4 (up ~47% YoY from Rs 23,184 crore) and Rs 120,507 crore for the full year (up ~34% YoY from Rs 90,089 crore). Profit for the year was Rs 9,361 crore versus Rs 8,356 crore last year, with Q4 PAT at Rs 3,073 crore (up ~34% YoY). The board declared a fourth interim dividend of Rs 19 per share (face value Rs 10), with a record date of May 12, 2025. A stock split in the ratio of 1:2 (Rs 10 face value to Rs 5) was announced with record date June 4, 2025. The filing also notes the Cigniti Technologies acquisition (54% stake, scheme of amalgamation pending), the sale of Coforge Advantage Go for GBP 43 million, and a class-action complaint linked to a customer data security incident.
Strong topline growth and a healthy dividend are positives, but EPS was lower YoY because of share dilution from the Cigniti acquisition and QIP. The stock split should improve retail liquidity, while the class-action complaint on a customer data incident is a near-term risk overhang worth monitoring.