Coforge Ltd.
-11.80 (-0.68%) Coforge reports 21% fall in Q1 consolidated net profit
Date: 23-07-2024Coforge has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 61.52% fall in its net profit at Rs 81.20 crore for the quarter ended June 30, 2024 as compared to Rs 211.00 crore for the same quarter in the previous year. Total income of the company decreased by 2.86% at Rs 1,299.10 crore for Q1FY25 as compared to Rs 1,337.30 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.72% fall in net profit at Rs 139.30 crore for Q1FY25 as compared to Rs 175.70 crore for the same quarter in the previous year. However, total income of the company increased by 8.46% at Rs 2,426.20 crore for Q1FY25 as compared to Rs 2,237.00 crore for the corresponding quarter previous year.