Coforge's net profit up over 31% in Q3 FY24, revenue at Rs 2,323 cr

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Coforge's net profit up over 31% in Q3 FY24, revenue at Rs 2,323 cr

DailyWorld

January 22, 2024
Updated: 10:38 pm

Coforge's net profit up over 31% in Q3 FY24, revenue at Rs 2,323 cr

New Delhi, Jan 22 : Digital services and solutions provider Coforge on Monday registered a 31.5 per cent growth in consolidated net profit in the third quarter (Q3) of FY24. The company's revenue for the quarter was Rs 2,323 crore, a 2.1 per cent growth in rupee terms. The consolidated profit after tax (PAT) for Q3 was Rs 238 crore, up 31.5 per cent (on-quarter) from Rs 181 crore in Q2 of FY24. The order intake was $354 million and the company registered eight consecutive quarters of $300+ million deal wins, said the company. The Coforge total order book over the next 12 months stood at $974 million, up 15.8 per cent (on-year).

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