IT Consulting & Software company Coforge announced Q1FY25 results: Financial Highlights: Revenue for the quarter was Rs 24,008 million / USD 291.4 million Up 1.6% QoQ and 7.8% YoY in constant currency (CC) terms Up 1.6% QoQ and 7.2% YoY in USD terms Up 1.8% QoQ and 8.1% YoY in Rs terms EBITDA margin for the quarter stood at 17%, up 210 bps YoY Normalized PAT at Rs 2,285 million, up 28.2% on a YoY basis Cash Flow from Operations for the quarter stood at $ 23.2 million The Board has recommended an interim dividend of Rs 19/- per share, and the record date for this payout will be August 2, 2024 Business Highlights: Order intake at USD 314 million - tenth consecutive quarter of USD 300+ million order intake. 10 new clients were added during the quarter. Headcount at the end of the quarter stood at 26,612; net addition of 1,886 sequentially. LTM attrition (IT) at 11.4%, down 192 bps YoY. Acquires 28% stake in Cigniti Limited, Revamps Board Sudhir Singh, Chief Executive Officer, Coforge, said: “FY25 has started on a strong note with a healthy increase in EBITDA margins by 210bps over last year and OCF of USD 23.2 million. A very strong executable order book, backed by the highest ever headcount addition, sets us up for continued growth ahead.” Result PDF