Home / Business and Economy / Coforge Q1 Results: Profit Soars 63%, Dividend Declared
Coforge Q1 Results: Profit Soars 63%, Dividend Declared
29 Jul
Summary
- Interim dividend of Rs 4 per share declared with record date August 3.
- Q1 FY27 net profit surged 63% year-on-year to Rs 518 crore.
- Revenue rose 49% year-on-year to Rs 5,527 crore in Q1 FY27.
Coforge announced an interim dividend of Rs 4 per share for its shareholders, with the record date fixed for August 3, 2026. This payout is for equity shares with a face value of Rs 2 each, declared by the Board of Directors on July 27, 2026, for the Financial Year 2026-27.
The company's first-quarter results for the period ending June 30, 2026, showcased substantial growth. Net profit reached Rs 518 crore, marking a 63% increase compared to the same period last year. Revenue from operations climbed to Rs 5,527 crore, a 49% rise year-on-year.
Further bolstering its financial performance, Coforge reported a 74% year-on-year increase in EBITDA, reaching Rs 1,123 crore. The company's stock experienced a nearly 10% surge in intraday trading following the announcement of these positive results.
