Coforge Q4 results: Profit, revenue rise QoQ, margin expands; ₹19 dividend declared
Published on 05/05/2025 07:09 PM
Coforge Q4 results: Profit, revenue rise QoQ, margin expands; ₹19 dividend declaredCoforge’s Q4 net profit and revenue missed Street estimates, though margins outperformed. The Board declared a ₹19 interim dividend.By Sheersh Kapoor May 5, 2025, 7:09:39 PM IST (Updated)1 Min ReadCoforge Ltd reported a consolidated net profit of ₹261.2 crore for the March quarter, below the CNBC-TV18 poll estimate of ₹285 crore. Rupee revenue also missed expectations, coming in at ₹3,409.9 crore against the projected ₹3,530 crore.
However, operational performance was slightly better than expected. Earnings before interest and tax (EBIT) stood at ₹449.4 crore, ahead of the estimated ₹448.3 crore. Operating margin came in at 13.2%, beating the forecast of 12.7%.
On a sequential basis, the company posted strong growth. Net profit rose 21.2% from ₹215.5 crore in Q3FY24, while rupee revenue increased 4.7% from ₹3,258.1 crore. EBIT grew 15.5% from ₹389.2 crore, and margins expanded from 11.9% in the previous quarter.
Also read: Ethos Q4 Results: Revenue, EBITDA grow from last year; store openings outlook in focus
The Board declared a fourth interim dividend of ₹19 per equity share (face value ₹10) for FY25. The record date for determining eligible shareholders is May 12, 2025. The dividend will be paid within 30 days from the date of declaration.
Shares of Coforge closed 1.51% higher at ₹7,499.10 on the BSE ahead of the earnings announcement.Continue ReadingFirst Published: May 5, 2025 4:23 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsCoforgeearningsQ4 resultsshare market today