Coforge is an IT services company providing end-to-end software solutions and services. It is among the top-20 Indian software exporters. Prominent global customers include British Airways, the ING group, SEI Investments, Sabre, and SITA. Over the years, Coforge has set up subsidiaries in the US, Singapore, Australia, UK, Germany and Thailand, mainly to market and mobilise projects for the software division. The company has business partnerships with large IT companies across the world.
Financial Results:
Coforge Ltd reported Revenues for Q2FY25 of ₹3,062.00 Crores up from ₹2,276.00 Crore year on year, a rise of 34.53%.
Total Expenses for Q2FY25 of ₹2,804.00 Crores up from ₹2,044.00 Crores year on year, a rise of 37.18%.
Consolidated Net Profit of ₹234.00 Crores up 24.47% from ₹188.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹30.32, up 3.09% from ₹29.41 in the same quarter of the previous year.