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Palak Jain

28th Jul · SEBI-Registered Analyst

Coforge Q1 Results FY27: Rs 4 interim dividend announced; profit falls 15% QoQ to Rs 519 crore

$COFORGE e Q1 Results FY27: Coforge reported a mixed set of results for the first quarter of FY27 on a quarter-on-quarter (QoQ) basis. The company's consolidated revenue increased 24.2 per cent to Rs 5,528 crore from Rs 4,450 crore in the previous quarter. The company's consolidated net profit, however, declined 15.2 per cent QoQ to Rs 519 crore from Rs 612 crore Consolidated EBIT rose 17.5 per cent to Rs 818 crore from Rs 696 crore in the March quarter. Despite the increase in operating profit, the EBIT margin contracted to 14.8 per cent from 15.6 per cent, a decline of 80 basis points.

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