Introduction:
Leading IT services company reported exceptional Q3 FY25 results, with revenue rising 40.3% YoY to ₹3,318.2 crore. EBITDA grew 29.3%, while operating cash flow surged 211% QoQ. An interim dividend of ₹19 per share was also announced.
Also Read: Best Sectors To Watch For Budget 2025
Share price movement of Coforge:
On January 23, 2025, Coforge Ltd opened at ₹8,725.05, up 6.1% from its previous close of ₹8,225.10. The stock reached a high of ₹9,236.00 (12.08%) and a low of ₹8,688.00. By 11:32 AM, it traded at ₹9,218.85, a 12.08% increase, with a market cap of ₹61,636.66 crore.
Coforge Reports Strong Q3 FY25 Results:
Coforge delivered exceptional Q3 FY25 results, with revenue rising 40.3% YoY to ₹3,318.2 crore ($397.1 million) in constant currency terms. The company also reported a 8.4% QoQ growth, demonstrating strong financial performance and sustained market demand.
EBITDA for Q3 FY25 increased by 29.3% YoY to ₹519 crore, reflecting operational efficiency and profitability. Adjusted PAT, excluding minority interest, grew by 10.3% YoY, reaching ₹268 crore. These figures underscore the company’s strategic execution and robust business growth.
Coforge’s operating cash flow surged 211% QoQ to $47 million, further strengthening its financial position. The company also announced an interim dividend of ₹19 per share, with the record date set for January 30, 2025.
Stock performance of Coforge for Period of 1 week, 6 months and 1 year:
Coforge Ltd. has seen a 2.31% return over the past week, reflecting steady growth. Over the last six months, the stock surged 40.8%, and over the past year, it delivered a 40.2% return, demonstrating strong long-term performance.
Also Read: Stocks To Watch For Budget 2025
Shareholding pattern of Coforge:
| All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 0.00% | 0.00% | 0.00% |
| FII | 42.60% | 42.10% | 41.40% |
| DII | 47.90% | 48.20% | 47.30% |
| Public | 9.60% | 9.80% | 11.30% |
About Coforge:
Coforge Ltd. (NSE: COFORGE) is a leading IT services company offering end-to-end software solutions. It ranks among India’s top-20 software exporters, serving clients like British Airways and ING Group, with global subsidiaries and strategic IT partnerships.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
