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Coforge reports 55% rise in Q1 consolidated net profit

28 Jul 2021 Evaluate

Coforge has reported results for first quarter ended June 30, 2021.

The company has reported a rise of 58.39% in its net profit at Rs 171.70 crore for the quarter under review as compared to Rs 108.40 crore for the same quarter in the previous year. Total income of the company increased by 34.99% at Rs 883.70 crore for Q1FY22 as compared Rs 654.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 54.69% in its net profit attributable to owners at Rs 123.60 crore for the quarter under review as compared to Rs 79.90 crore for the same quarter in the previous year. Total income of the company increased by 38.80% at Rs 1477.70 crore for Q1FY22 as compared Rs 1064.60 crore for the corresponding quarter previous year.


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