Latest news with #CoforgeLtd
News18
6 days ago
- Business
- News18
Coforge Stock Split 2025 Record Date: Last Day To Buy Shares For Eligibility, Check Ratio
Last Updated: Coforge Stock Split 2025 Record Date: In FY25, Coforge Ltd. reported remarkable financial growth, with revenue reaching INR 12,050.7 crore (US$ 1.45 billion). Coforge Stock Split 2025 Record Date: Shares of Coforge Ltd will trade ex-date for the stock split tomorrow. The company had earlier decided to declare June 4 as the record date for determining the eligibility of shareholders who are entitled to receive the subdivided equity shares. It means June 03 is the last day to buy the shares of Coforge in order to become eligible for the proposed stock split. With T+1 settlement, shares bought on June 03 will be settled in the company's registrar on June 04. That means you become eligible for the stock split as your name would be on the company's register on June 04. The rule says your shares must be settled before or on June 04. Coforge shares were trading flat on Tuesday morning session at Rs 8,595 apiece, a day before the record date. The scrip opened at Rs 8,640 apiece, against the previous day close at Rs 8,585.50 apiece. Coforge Stock Split Ratio Coforge board approved the stock split in the ratio of 1:5, meaning that one stock with a face value of Rs 10 will be split into five stocks with a face value of Rs 2 each. Earlier, Coforge announced the interim dividends twice of Rs 19 each with different ex-dates. The first interim dividend went to ex-date on January 30, 2025, while the followed one traded ex-date on May 12, 2025. In FY25, Coforge Ltd. reported remarkable financial growth, with revenue reaching INR 12,050.7 crore (US$ 1.45 billion), marking a 32.0% YoY increase in constant currency terms, 31.5% in USD terms, and 33.8% in INR terms. The company achieved an EBITDA of INR 1,998.2 crore, up 31.7% YoY. Q4 FY25 also showed strong performance with revenue at INR 3,409.9 crore (US$ 403.5 million), showing growth of 3.4% QoQ in constant currency, 3.3% in USD terms, and 4.7% in INR terms. The EBITDA for the quarter was US$ 68 million, up 12.2% QoQ and 32.7% YoY, with an EBITDA margin of 16.9%, increasing by 134 bps QoQ. Additionally, the Board recommended an interim dividend of INR 19 per share, with the record date set for 12 May 2025. FY25 was highlighted by the signing of a US$ 1.56 billion TCV deal in Q4 and a 47.7% YoY increase in the order executable book for the next twelve months, positioning Coforge well for strong growth in FY25. The company maintained large deal momentum, signing five significant deals across North America, the UK, and APAC. The order intake for Q4 was US$ 2.1 billion, and the executable order book over the next year reached US$ 1.5 billion, up 47.7% YoY and 10.3% QoQ. Headcount increased to 33,497, with a net addition of 403 sequentially, marking a 35.5% increase since the beginning of the year. Attrition remained low at 10.9%, improving by 60 bps YoY. Coforge also launched a GenAI Center of Excellence in collaboration with ServiceNow to develop AI solutions for the financial services and travel industries. First Published: June 03, 2025, 09:49 IST
Business Standard
12-05-2025
- Business
- Business Standard
Quick Wrap: Nifty IT Index gains 6.70%, NIFTY jumps 3.82%
Nifty IT index closed up 6.70% at 38282.55 today. The index has gained 17.00% over last one month. Among the constituents, Oracle Financial Services Software Ltd added 9.01%, Coforge Ltd jumped 8.21% and Persistent Systems Ltd gained 7.96%. The Nifty IT index has soared 16.00% over last one year compared to the 13.01% increase in benchmark Nifty 50 index. In other indices, Nifty Realty index gained 5.93% and Nifty Metal index increased 5.86% on the day. In broad markets, the Nifty 50 witnessed a rise of 3.82% to close at 24924.7 while the SENSEX recorded a gain of 3.74% to close at 82429.9 today.
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Business Standard
05-05-2025
- Business
- Business Standard
Coforge Q4 results: Net profit jumps 16.5% to Rs 261 crore in March
It had posted a net profit (attributable to owners of Coforge Ltd) of Rs 224 crore in the year-ago period, according to a regulatory filing IT solutions firm Coforge on Monday reported a 16.5 per cent increase in consolidated net profit to Rs 261 crore in the March quarter. It had posted a net profit (attributable to owners of Coforge Ltd) of Rs 224 crore in the year-ago period, according to a regulatory filing. Revenue from operations for the quarter under review rose 47 per cent year-on-year to reach Rs 3,410 crore, against Rs 2,318 crore in Q4 FY24. Seen sequentially, profit and revenue rose 21 per cent and 4.6 per cent, respectively. The firm's order intake in Q4 FY25 stood at $2.1 billion. It signed five large deals during the quarter, across North America, the UK, and APAC. For the full fiscal year, profit saw a marginal increase, from Rs 808 crore in FY24 to Rs 812 crore in FY25. Revenue in FY25 climbed 33.7 per cent to Rs 12,051 crore in FY25, from Rs 9,009 crore in the previous fiscal year. All financial figures are based on continuing operations -- excluding the AdvantageGo business that Coforge divested in April 2025. "FY25 was an exceptional year where the firm grew 32 per cent in CC terms -- driven by 14 large deals and broad-based growth in all of our verticals and geo-based businesses. "The $1.56 billion TCV deal signed in Q4, a 47.7 per cent YoY increase in the order executable book for next twelve months, and a growing large deals pipeline positions us well for strong growth in FY26," said Sudhir Singh, Chief Executive Officer and Executive Director, Coforge. Coforge's total employee count stands at 33,497. The Coforge board has recommended an interim dividend of Rs 19 per share. The record date for this payout will be May 12, 2025. Shares of Coforge settled 1.51 per cent higher at Rs 7,499.10 apiece on the BSE on Monday. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
05-05-2025
- Business
- Time of India
Coforge posts 16.5% rise in profit to Rs 261 crore in Q4
Live Events IT solutions firm Coforge on Monday reported a 16.5% increase in consolidated net profit to Rs 261 crore in the March quarter. It had posted a net profit (attributable to owners of Coforge Ltd) of Rs 224 crore in the year-ago period, according to a regulatory from operations for the quarter under review rose 47% year-on-year to reach Rs 3,410 crore, against Rs 2,318 crore in Q4 sequentially, profit and revenue rose 21% and 4.6%, firm's order intake in Q4 FY25 stood at USD 2.1 billion. It signed five large deals during the quarter, across North America, the UK, and the full fiscal year, profit saw a marginal increase, from Rs 808 crore in FY24 to Rs 812 crore in in FY25 climbed 33.7% to Rs 12,051 crore in FY25, from Rs 9,009 crore in the previous fiscal financial figures are based on continuing operations -- excluding the AdvantageGo business that Coforge divested in April 2025."FY25 was an exceptional year where the firm grew 32% in CC terms -- driven by 14 large deals and broad-based growth in all of our verticals and geo-based businesses."The USD 1.56 billion TCV deal signed in Q4, a 47.7% YoY increase in the order executable book for next twelve months, and a growing large deals pipeline positions us well for strong growth in FY26," said Sudhir Singh, Chief Executive Officer and Executive Director, total employee count stands at 33, Coforge board has recommended an interim dividend of Rs 19 per share. The record date for this payout will be May 12, of Coforge settled 1.51% higher at Rs 7,499.10 apiece on the BSE on Monday.
Business Standard
23-04-2025
- Business
- Business Standard
Quick Wrap: Nifty IT Index gains 4.34%
Nifty IT index closed up 4.34% at 35414.65 today. The index has slipped 5.00% over last one month. Among the constituents, HCL Technologies Ltd added 7.71%, Coforge Ltd jumped 6.27% and Oracle Financial Services Software Ltd rose 5.31%. The Nifty IT index has soared 5.00% over last one year compared to the 8.77% increase in benchmark Nifty 50 index. In other indices, Nifty Auto index gained 2.38% and Nifty Pharma index gained 1.40% on the day. In broad markets, the Nifty 50 recorded a gain of 0.67% to close at 24328.95 while the SENSEX recorded a gain of 0.65% to close at 80116.49 today. Powered by Capital Market - Live News
