Coforge Limited delivered a strong Q2 FY25 performance, reporting significant growth across key financial metrics. The company posted a revenue of ₹3,062.3 crore (INR 30,623 million) for the quarter, representing an impressive increase of 27.5% quarter-on-quarter (QoQ) and 34.5% year-on-year (YoY) in INR terms. In constant currency (CC) terms, the revenue was up 26.3% QoQ and 33.0% YoY. In USD terms, Coforge saw a 26.8% QoQ and 32.8% YoY growth, reporting revenue of US$369.4 million.
The company’s EBITDA margin for the quarter stood at 15.8%, marking an increase of 53 basis points (bps) compared to the same period last year. The Adjusted Profit After Tax (PAT), excluding minority interests, was ₹255.2 crore (INR 2,552 million), up 35.6% YoY.
Coforge’s cash flow from operations for the quarter totaled US$10.9 million, showcasing the company’s robust cash generation ability. The Board of Directors also announced an interim dividend of ₹19 per share, with the record date for the payout set for October 11, 2024.
This stellar performance reflects Coforge’s ability to maintain strong growth momentum while delivering operational excellence across its global operations.
