Coforge Reports Q1 Profit Growth, Declares Interim Dividend, and Announces Strategic Changes
Coforge Limited reported Q1 consolidated net profit of 3.17 billion rupees, up from 2.60 billion rupees in the previous quarter, but below analyst estimates. Q1 revenue reached 36.88 billion rupees, missing analyst expectations. The company declared an interim dividend of 4.00 rupees per share. Coforge appointed MUFG Intime India Private Limited as its new Registrar and Share Transfer Agent, effective November 15, 2025. The company also agreed to acquire Artexmind S.A. for about 10,000 USD to expedite entry into a new geography.

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Coforge Limited , a leading global IT solutions organization, has reported mixed financial results for the first quarter of the fiscal year, along with several strategic announcements that signal the company's focus on growth and shareholder value.
Q1 Financial Performance
Coforge reported a consolidated net profit of 3.17 billion rupees for the first quarter, marking a significant increase from 2.60 billion rupees in the previous quarter. However, this figure fell short of the estimated 3.34 billion rupees anticipated by analysts.
The company's Q1 revenue reached 36.88 billion rupees, up from 34.10 billion rupees quarter-on-quarter. Despite the growth, this figure missed analyst estimates of 37.59 billion rupees.
Interim Dividend Announced
In a move that will likely please shareholders, Coforge's Board of Directors has declared an interim dividend of 4.00 rupees per equity share for the financial year 2025-26. The company has set July 31, 2025, as the record date for determining shareholder eligibility for the dividend payment.
Strategic Changes
New Registrar and Share Transfer Agent
Coforge has announced the appointment of MUFG Intime India Private Limited as its new Registrar and Share Transfer Agent (RTA), effective from November 15, 2025. This change comes as a response to the company's growing shareholder base and the increasing complexity of managing investor-related services. The transition from the current RTA, Alankit Assignments Limited, is expected to enhance operational efficiency and improve the shareholder experience.
Acquisition to Expand Geographic Presence
In a strategic move to expand its global footprint, Coforge has agreed to acquire Artexmind S.A., a shelf company, for approximately 10,000 USD. This acquisition will be made through Coforge Solutions Private Limited, a step-down wholly-owned subsidiary of the company. The purchase is aimed at expediting Coforge's entry into a new geography, as setting up a new entity would have taken longer.
Looking Ahead
While Coforge's Q1 results present a mixed picture with profit growth but revenue below estimates, the company's strategic decisions indicate a focus on long-term growth and shareholder value. The interim dividend, changes in RTA, and the acquisition for geographical expansion all point towards Coforge's commitment to strengthening its market position and enhancing stakeholder returns.
As the IT solutions landscape continues to evolve, Coforge's performance in the coming quarters will be closely watched by investors and industry analysts alike.