Coforge Ltd.

NSE: COFORGE | BSE: 532541 | ISIN: INE591G01017 | Industry: IT Consulting & Software
| Expensive Performer
8426.0000 -35.00 (-0.41%)
NSE May 16, 2025 15:31 PM
Volume: 237.3K
 

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Coforge Ltd.
23 Oct 2020
8426.00
-0.41%
Prabhudas Lilladhar
Coforge reported robust 8.1% CC growth QoQ (Ple: 7.5%) exceeding their guidance of 7% CC growth in Q2. This translated to 154.9 USD Mn revenue up 10.7% QoQ growth. (Ple/Cons: 10%). Revenue growth was broad-based with Insurance (34% of revs) posted growth of ~14% QoQ USD, Travel & transport (19% of revs) revived & posted 10.5% QoQ USD on account of strong wallet share expansion amongst existing large clients. EBIT Margin expanded by 221 bps QoQ at 13.8% in Q2. They have undertaken cost optimization measures to improve margins and they will maintain margins at...
Number of FII/FPI investors increased from 600 to 659 in Mar 2025 qtr.
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