Coforge Ltd.

NSE: COFORGE | BSE: 532541 | ISIN: INE591G01025 | Industry: IT Consulting & Software
| Expensive Performer
1862.0000 31.00 (1.69%)
NSE Jun 24, 2025 15:31 PM
Volume: 1.5M
 

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Coforge Ltd.
10 May 2017
1862.00
1.69%
ICICI Securities Limited
In rupee term, revenues increased 7.4% QoQ to | 743.1 crore, above our 4.0% QoQ increase and | 720.2 crore estimate. During the quarter, the company received exceptional part payment against settlement of a government contract, which was put on hold resulting in revenue recognition of | 27.1 crore for services contracted. Barring this, revenues grew 3.4% QoQ to | 716 crore At 20.8%, EBITDA margins rose 320 bps QoQ, above our 17.2% estimate. Adjusting for exceptional items, EBITDA margin was 17.9%...
Coforge Ltd. is trading above all available SMAs
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