COFORGENSECoforge LimitedHighNeutral
Announced Wed, 23 Jul · 21:54 IST

Coforge Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

COFORGE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Coforge reported consolidated revenue of Rs 36,886 Mn for Q1 FY26, up about 56% from Rs 23,571 Mn in Q1 FY25, though growth was significantly boosted by recent acquisitions (Cigniti, Rythmos, Roundsqr), making results not strictly comparable year-on-year. Profit from continuing operations rose roughly 82% to Rs 2,862 Mn, while adjusted EBITDA grew about 81% to Rs 5,941 Mn, with margins expanding by around 220 basis points to 16.1%. The company booked Rs 248 Mn in exceptional items, likely linked to a US class-action complaint about a cybersecurity incident at a client's service desk. The board declared an interim dividend of Rs 4 per share (face value Rs 2 post the 1:5 stock split) with a record date of July 31, 2025. The auditor issued an unmodified (clean) limited review opinion, and Coforge agreed to acquire a small shelf company (Artexmind S.A.) for entry into a new geography, while its RTA will change to MUFG Intime effective November 15, 2025.

Likely market impact

Strong headline revenue and profit growth, supported by acquisitions and a one-time gain from selling the AdGo business, should be positive for the stock and the interim dividend is a clear benefit to shareholders. Investors should note the organic vs inorganic split, watch the ongoing US class-action case, and keep an eye on the pending Cigniti merger scheme now moving to NCLT.