Coforge reports Profit after tax of Rs 1803.00 Mln, in the March 2022 quarter
Date: 12-05-2022
A decent increase of about 43.74% in the sales to Rs. 8843.00 millions was observed for the quarter ended March 2022. The sales figure stood at Rs. 6152.00 millions during the year-ago period.Net Profit for the quarter ended March 2022 zoomed to 375.73% from Rs. 379.00 millions to Rs. 1803.00 millions.The company reported a good operating profit of 2171.00 millions compared to 721.00 millions of corresponding previous quarter.
| | Quarter ended | Year to Date | Year ended |
| | 202203 | 202103 | % Var | 202203 | 202103 | % Var | 202103 | 202003 | % Var |
| Sales | 8843.00 | 6152.00 | 43.74 | 33132.00 | 24124.00 | 37.34 | 24124.00 | 22310.00 | 8.13 |
| Other Income | 984.00 | 157.00 | 526.75 | 4005.00 | 1056.00 | 279.26 | 1056.00 | 2846.00 | -62.90 |
| PBIDT | 2171.00 | 721.00 | 201.11 | 8271.00 | 3854.00 | 114.61 | 3854.00 | 5853.00 | -34.15 |
| Interest | 150.00 | 10.00 | 1400.00 | 518.00 | 58.00 | 793.10 | 58.00 | 78.00 | -25.64 |
| PBDT | 2021.00 | 711.00 | 184.25 | 7753.00 | 3796.00 | 104.24 | 3796.00 | 5775.00 | -34.27 |
| Depreciation | 207.00 | 238.00 | -13.03 | 838.00 | 962.00 | -12.89 | 962.00 | 902.00 | 6.65 |
| PBT | 1814.00 | 473.00 | 283.51 | 6915.00 | 2834.00 | 144.00 | 2834.00 | 4873.00 | -41.84 |
| TAX | 11.00 | 94.00 | -88.30 | 470.00 | 435.00 | 8.05 | 435.00 | 648.00 | -32.87 |
| Deferred Tax | 13.00 | 43.00 | -69.77 | -43.00 | -102.00 | -57.84 | -102.00 | -70.00 | 45.71 |
| PAT | 1803.00 | 379.00 | 375.73 | 6445.00 | 2399.00 | 168.65 | 2399.00 | 4225.00 | -43.22 |
| Equity | 609.00 | 606.00 | 0.50 | 609.00 | 606.00 | 0.50 | 606.00 | 625.00 | -3.04 |
| PBIDTM(%) | 24.55 | 11.72 | 109.48 | 24.96 | 15.98 | 56.26 | 15.98 | 26.23 | -39.10 |