💻 Coforge Q3: Profit Declines QoQ, Revenue Grows; ₹4 Dividend Announced
Coforge reported net profit of ₹250 crore in Q3, down from ₹376 crore in the previous quarter. Despite the profit decline, revenue rose to ₹4,188 crore from ₹3,985 crore QoQ, reflecting steady deal execution. EBIT remained flat at ₹560 crore, while margins softened to 13.36% from 14.07%. Profit before exceptional items stood at ₹530 crore. The company also declared a third interim dividend of ₹4 per share, signaling confidence in cash flows. #Coforge #ITStocks #Q3Results #Dividend #StockYardResearch
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