Coforge Ltd Q1FY24 consolidated PAT climbs to Rs. 165.3 crores

Coforge Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2237 crores during the period ended June 30, 2023 as compared to Rs. 2172.6 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 165.3 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 114.8 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 26.54 for the period ended June 30, 2023 as compared to Rs. 18.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2237 crs	₹2172.6 crs	2.96%
Net Profit	₹165.3 crs	₹114.8 crs	43.99%
EPS	₹26.54	₹18.45	43.85%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2237 crores during the period ended June 30, 2023 as compared to Rs.1843.4 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.165.3 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.149.7 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.26.54 for the period ended June 30, 2023 as compared to Rs.24.14 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2237 crs	₹1843.4 crs	21.35%
Net Profit	₹165.3 crs	₹149.7 crs	10.42%
EPS	₹26.54	₹24.14	9.94%

Shares of Coforge Limited was last trading in BSE at Rs. 4812.95 as compared to the previous close of Rs. 4876.00. The total number of shares traded during the day was 7797 in over 1618 trades.

The stock hit an intraday high of Rs. 4917.50 and intraday low of 4771.00. The net turnover during the day was Rs. 37903765.00.

Source : Equity Bulls

Keywords

Coforge Q1FY24 ResultUpdate