Announced Tue, 28 Jul · 02:04 IST
Coforge Q1 FY27: Revenue up 49% YoY at Rs 55,277 Mn, PAT at Rs 5,317 Mn
COFORGE · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Coforge reported strong Q1 FY27 results. Consolidated revenue jumped 49% YoY to Rs 55,277 Mn, boosted by the Encora acquisition (contributing Rs 9,579 Mn post April 23) and Cigniti merger. Consolidated PAT from continuing operations surged about 86% to Rs 5,317 Mn, with EBIT margin expanding to about 16% from 12%. Board declared an interim dividend of Rs 4 per share. In-principle approval for setting up a China entity. Auditors gave an unmodified opinion.
Likely market impact
Strong growth in revenue, profit, and margins plus dividend declaration are positive signals for shareholders.