Business Standard

Coforge Q2 net profit rises 36.6% to Rs 220 crore, revenue up 19.9%

The board has recommended an interim dividend of Rs 13 per share, with the record date for payout on 4 November 2022.

Q2 earnings, Q2 results

The attrition on the last twelve months (LTM) basis was at 16.4 per cent, down 1.6 per cent quarter-on-quarter. Headcount at the end of the quarter has increased to 22,991 employees.

Sourabh Lele New Delhi
IT company Coforge Ltd on Thursday reported a consolidated net profit of Rs 220.6 crore for Q2 FY23, an increase of 36.6 per cent year-on-year (YoY). This is against a net profit of Rs 161.5 crore in the year-ago period, the company said in a regulatory filing.

The revenue from the operations grew 19.9 per cent to Rs 1,959 crore in constant currency, compared to Rs 1,569 crore a year ago. The firm has reiterated its annual revenue guidance to grow at least 20% in a constant currency term.

The board has recommended an interim dividend of Rs 13 per

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First Published: Oct 20 2022 | 11:30 PM IST

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