COFORGENSECoforge LimitedHighPositive
Announced Wed, 23 Jul · 21:48 IST

Coforge Limited has informed the Exchange that Board of Directors at its meeting held on July 23, 2025, declared Interim Dividend of 4 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Coforge's Board approved its Q1 FY26 (quarter ended June 30, 2025) financial results. Consolidated revenue from operations rose to Rs. 36,886 Mn, up from Rs. 23,571 Mn in the same quarter last year, a growth of roughly 57% year-on-year. Profit after tax from continuing operations stood at Rs. 2,862 Mn, with basic EPS of Rs. 9.47. The Board also declared an interim dividend of Rs. 4 per equity share (face value Rs. 2), with July 31, 2025 set as the record date and payment to be made within 30 days. Separately, the company will switch its Registrar and Share Transfer Agent to MUFG Intime India from November 15, 2025, replacing Alankit Assignments. Coforge also disclosed an in-principle agreement to acquire Artexmind S.A., a shelf company, for about USD 10,000 to enter a new geography faster.

Likely market impact

The strong revenue jump signals robust demand, though profit growth was more modest due to higher employee and other costs. The Rs. 4 interim dividend rewards shareholders but is small relative to the current share price, offering limited yield support. Shareholders on record by July 31, 2025 will be eligible for the dividend payout.