COFORGE

reported a better-than-expected 86 per cent surge in second-quarter profit as client spending picked up across the sector. Consolidated net profit rose to ₹376 crore in the quarter ended Sept. 30, above analysts' average expectation of ₹371 crore, according to data compiled by LSEG. Revenue rose 31.7 per cent to ₹3,986 crore ($453.50 million), largely in line with analysts' estimate of ₹4,033 crore. However, Coforge's deal wins for the quarter were marginally lower at $514 million from $516 million last year.