Q3 Results LIVE: Coforge shares gallop 12% as net profit rises 5.4%, revenue surges 43%
5 min read | Updated on January 23, 2025, 12:41 IST
SUMMARY
Q3 Results on Jan 23: Coforge Q3 net profit rises 5.4% YoY to ₹256 crore in Q3 FY25, revenue surges 43% to ₹3,318 crore. Its shares galloped 11.8% to trade at ₹9,199 on the NSE. Furthermore, shares of Adani Energy Solutions were trading in the red ahead of its Q3 results today.
Shares of Adani Energy Solution were trading in the red at ₹795.45, down 0.92% on the NSE
Adani Energy Solution shares trade in the red
Shares of Adani Energy Solution were trading in the red at ₹795.45, down 0.92% on the NSE today ahead of its Q3 earnings announcement.
January 23, 2025, 12:39 PM
Coforge board approves ₹19 interim dividened
Coforge's board approved an interim dividend of ₹19 per share. The record date has been fixed as Thursday, January 30, 2025.
January 23, 2025, 11:32 AM
Coforge signs a $17.85 million deal
Coforge signs a $17.85 million deal to acquire 100% stake in Xceltrait Inc.
January 23, 2025, 11:30 AM
Coforge CEO comments on Q3 results
“A 8.4% sequential cc growth, a 40.3% cc YoY growth (in USD million) in a seasonally weak quarter, four large deals in that same quarter, a concurrent and material sequential expansion of 122 bps in margins, a Cigniti business that has already touched an EBITDA margin of 17.3%, a large deals pipeline that is looking very robust and finally an ever strengthening next twelve month signed order book which now is 40% higher YoY gives us confidence that the coming year shall once again see robust and sustained growth.” said Sudhir Singh, Chief Executive Officer and Executive Director of Coforge Ltd.
January 23, 2025, 11:25 AM
Coforge Q3 net profit rises 5.4%, revenue surges 43% to ₹3,318 crore
Key Metrics (₹ Crore) | Q3 FY25 | Q3 FY24 | YoY Growth |
---|---|---|---|
Net Profit | 255.9 | 242.8 | 5.4% |
Revenue | 3,318.2 | 2,323.3 | 42.8% |
EBITDA | 519.0 | 401.2 | 29.3% |
January 23, 2025, 11:17 AM
Coforge shares climb 12% after Q3 results
January 23, 2025, 11:41 AM
Mankind Pharma trades in green, rises over 1%
Shares of Mankind Pharma were trading at ₹2,545.70, up 1.16% on the NSE on Wednesday, January 23. The company will release its Q3 results today.
January 23, 2025, 10:24 AM
Shares of Persistent Systems surge over 8% after Q3 announcement
Shares of Persistent Systems climb 8.21% to trade at ₹466.85 apiece on the NSE, a day after the company reported its December quarter results.
January 23, 2025, 09:46 AM
UltraTech Cement soar 2% ahead of Q2 results
Shares of UltraTech Cement were trading at ₹10,863.50 apiece, up 1.59% ahead of its Q2 result announcement.
Originally, the company was going to release its Q3 report card on Tuesday, January 21. Howerver, it postponed the announcement to January 23.
January 23, 2025, 09:34 AM
Dr Reddy's shares trade in red
Shares of pharmaceutical major Dr Reddy's Laboratories were trading at ₹1,287.35 on the NSE, reflecting a decline of 0.69%.
January 23, 2025, 09:21 AM
Adani Green shares down
Ahead of the earnings announcement, shares of Adani Green Energy were trading 0.89% lower at 1,033.50 apiece on the NSE.
January 23, 2025, 09:20 AM
Q3 Results: Adani Green, Mankind Pharma, UltraTech Cement, Mphasis, others to announce earnings on Jan 23
January 23, 2025, 09:19 AM