InvestorQ : How did you find the quarterly profits of Coforge for Dec-21 quarter?
Archita Jajjoo made post

How did you find the quarterly profits of Coforge for Dec-21 quarter?

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Niti Shenoi answered.
4 months ago
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Coforge Ltd, formerly NIIT Technologies, reported 50.7% rise in net profit at Rs.184 crore and 39.3% increase in revenues at Rs.1,658 crore yoy. The board of Coforge recommended interim dividend of Rs.13 per share. Sales were up in rupee and constant currency terms. EBITDA margin were healthy at 19.5%. Attrition was high at 16.3% but that has been kind of new normal for most IT companies in this quarter.

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