Stock Report

Coforge Ltd Q2FY24 consolidated PAT at Rs. 181 crores



Posted On : 2023-10-20 17:03:01( TIMEZONE : IST )

Coforge Ltd Q2FY24 consolidated PAT at Rs. 181 crores

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

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2285.1 crores during the period ended September 30, 2023 as compared to Rs. 2237 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 181 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 165.3 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 28.98 for the period ended September 30, 2023 as compared to Rs. 26.54 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 2285.1 crs ₹2237 crs Up Tick / Down Tick2.15%
Net Profit ₹181 crs ₹165.3 crs Up Tick / Down Tick9.50%
EPS ₹28.98 ₹26.54 Up Tick / Down Tick9.19%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2285.1 crores during the period ended September 30, 2023 as compared to Rs.1972.9 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.181 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.201.1 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.28.98 for the period ended September 30, 2023 as compared to Rs.32.41 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 2285.1 crs ₹1972.9 crs Up Tick / Down Tick15.82%
Net Profit ₹181 crs ₹201.1 crs Up Tick / Down Tick-10.00%
EPS ₹28.98 ₹32.41 Up Tick / Down Tick-10.58%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4522.1 crores during the 6 Months period ended September 30, 2023 as compared to Rs.3816.3 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.346.3 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.350.8 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.55.45 for the 6 Months period ended September 30, 2023 as compared to Rs.56.53 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹4522.1 crs ₹3816.3 crs Up Tick / Down Tick18.49%
Net Profit ₹346.3 crs ₹350.8 crs Up Tick / Down Tick-1.28%
EPS ₹55.45 ₹56.53 Up Tick / Down Tick-1.91%

Shares of Coforge Limited was last trading in BSE at Rs. 5105.80 as compared to the previous close of Rs. 5093.50. The total number of shares traded during the day was 49081 in over 5309 trades.

The stock hit an intraday high of Rs. 5281.00 and intraday low of 5016.20. The net turnover during the day was Rs. 253495395.00.

Source : Equity Bulls

Keywords

Coforge Q2FY24 H1FY24 ResultUpdate