Coforge consolidated net profit rises 94.86% in the March 2024 quarter

Image
Last Updated : May 02 2024 | 5:50 PM IST

Sales rise 8.69% to Rs 2358.50 crore

Net profit of Coforge rose 94.86% to Rs 223.70 crore in the quarter ended March 2024 as against Rs 114.80 crore during the previous quarter ended March 2023. Sales rose 8.69% to Rs 2358.50 crore in the quarter ended March 2024 as against Rs 2170.00 crore during the previous quarter ended March 2023.

For the full year,net profit rose 16.46% to Rs 808.00 crore in the year ended March 2024 as against Rs 693.80 crore during the previous year ended March 2023. Sales rose 14.53% to Rs 9179.00 crore in the year ended March 2024 as against Rs 8014.60 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales2358.502170.00 9 9179.008014.60 15 OPM %16.3513.62 -15.5515.98 - PBDT358.60278.60 29 1351.901262.00 7 PBT274.00206.90 32 1033.301003.50 3 NP223.70114.80 95 808.00693.80 16

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 02 2024 | 5:30 PM IST

Next Story