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Coforge reports marginal rise in Q3 consolidated net profit

23 Jan 2024 Evaluate

Coforge has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 71.05% rise in net profit at Rs 410.00 crore for the quarter ended December 31, 2023 as compared to Rs 239.70 crore for the same quarter in the previous year. Total income of the company increased by 26.06% at Rs 1572.50 crore for Q3FY24 as compared Rs 1247.40 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 2.92% rise in its net profit at Rs 242.80 crore for Q3FY24 as compared to Rs 235.90 crore for the same quarter in the previous year. Total income of the company increased by 12.01% at Rs 2338.30 crore for Q3FY24 as compared Rs 2087.60 crore for corresponding quarter of the previous year.

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