Coforge gains on reporting 5% rise in Q3 consolidated net profit
Coforge is currently trading at Rs. 9269.95, up by 69.15 points or 0.75% from its previous closing of Rs. 9200.80 on the BSE.
The scrip opened at Rs. 9156.65 and has touched a high and low of Rs. 9430.00 and Rs. 9072.55 respectively. So far 15283 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10017.95 on 30-Dec-2024 and a 52 week low of Rs. 4291.05 on 09-May-2024.
Last one week high and low of the scrip stood at Rs. 9430.00 and Rs. 8142.70 respectively. The current market cap of the company is Rs. 62128.75 crore.
The Institutions and Non-Institutions held 90.41%, and 9.59% stake in the company respectively.
Coforge has reported 74.17% decline in its net profit at Rs 105.90 crore for third quarter ended December 31, 2024 (Q3FY25) as compared to Rs 410.00 crore for the same quarter in the previous year. Total income of the company declined by 1.94% at Rs 1542.10 crore for Q3FY25 as compared to Rs 1572.60 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 5.40% rise in its net profit at Rs 255.90 crore for the quarter ended December 31, 2024, as compared to Rs 242.80 crore for the same quarter in the previous year. Total income of the company increased by 44.46% at Rs 3377.80 crore for Q3FY25 as compared to Rs 2338.30 crore for the corresponding quarter previous year.
