Economy
Coforge Shares Rise 6% Following Q1 Earnings Report

Coforge Shares Rise 6% Following Q1 Earnings Report

CNBC TV181h
THE BRIEF
1

Coforge Ltd. reported a 21.1% growth in US Dollar revenue to $592.2 million for the June quarter, with shares trading 6.3% higher at ₹1,601.9 on Tuesday.

2

The company recorded a net profit of ₹518.6 crore, impacted by ₹55 crore in exceptional costs, while maintaining an EBIT margin of 16% which exceeds its 15.5% annual guidance.

3

Coforge secured new orders worth $691 million during the quarter, bringing its total order book to $2.2 billion, and declared an interim dividend of ₹4 per share payable to shareholders of record on August 3, 2026.