Categories Earnings
Earnings | Coforge Ltd (NSE: COFORGE) | Q3FY23 Results Out; Total Income rises 25% YoY.
Coforge Ltd is a leading Indian IT services company offering comprehensive software solutions and services. It ranks among the top 20 software exporters in India and serves prominent global clients such as British Airways, ING Group, SEI Investments, Sabre, and SITA. With subsidiaries in multiple countries, including the US, Singapore, Australia, UK, Germany, and Thailand, Coforge effectively markets and executes software projects. Additionally, the company maintains valuable partnerships with major IT firms worldwide.
• Coforge Ltd Reported Total Income for Q4 FY23 of ₹2,087 Crore up from ₹1,663 Crore year on year, a growth of 25%.
• Total Expenses for Q4 FY23 of ₹ 1,780 Crore up from ₹1,430 Crore year on year, a growth of 24%.
• Consolidated Net Profit of ₹236 Crore, up 20% from ₹197 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹ 37.41, up 23% from ₹ 30.27 in the same quarter of the previous year.
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