Coforge Reports Q1 Profit Growth, Declares Interim Dividend, and Announces Strategic Changes

1 min read     Updated on 23 Jul 2025, 10:30 PM
scanxBy ScanX News Team
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Overview

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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*this image is generated using AI for illustrative purposes only.

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.

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Coforge to Announce Q1 FY26 Results on July 23, Board to Consider Interim Dividend

1 min read     Updated on 22 Jul 2025, 11:39 AM
scanxBy ScanX News Team
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Overview

Coforge Ltd. will reveal its Q1 FY26 financial results on July 23. The Board of Directors will meet to approve the unaudited consolidated and standalone financial results for the quarter ended June 2025. They will also consider an interim dividend proposal. An earnings call is scheduled for July 24 at 8:15 a.m. The company has implemented a trading window closure for designated persons from July 1 until 48 hours after the results declaration.

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*this image is generated using AI for illustrative purposes only.

Coforge Ltd. , a leading IT solutions provider, is set to reveal its financial performance for the first quarter of the fiscal year 2025-26. The company has scheduled the announcement of its Q1 results for July 23, with several key events lined up for investors and analysts.

Board Meeting and Financial Results

The Board of Directors of Coforge will convene on July 23 to approve the unaudited consolidated and standalone financial results for the quarter ended June 2025. This meeting marks a crucial juncture for the company as it prepares to disclose its performance for the initial quarter of the fiscal year.

Interim Dividend Consideration

In addition to reviewing the financial results, the Board will also deliberate on a proposal for an interim dividend payment. Shareholders will be keen to learn about the potential dividend payout, as the Board is expected to determine the record date for this purpose during the meeting.

Earnings Call

To provide further insights into the company's performance, Coforge has arranged an earnings call for July 24 at 8:15 a.m. This call will serve as a platform for investors and analysts to engage with the company's management and discuss the Q1 FY26 results in detail.

Trading Window Closure

As part of regulatory compliance, Coforge has implemented a trading window closure for designated persons. The window remains closed from July 1 and will continue to be so until 48 hours after the declaration of results, ensuring fair trading practices during this sensitive period.

Previous Quarter Performance

For context, it's worth noting Coforge's performance in the previous quarter (Q4 FY25):

Metric Q4 FY25 YoY Change
Consolidated Net Profit ₹307.30 crore 35.00%
Total Income ₹3,441.30 crore 48.20%

Company Overview

Coforge is a global IT solutions company serving over 260 clients worldwide. With a workforce exceeding 32,000, the company has established itself as a significant player in the IT services sector.

Recent Stock Performance

Coforge's stock has shown mixed performance recently:

  • Past 5 trading sessions: -1.00%
  • Year-to-date: -2.97%
  • Past year: +53.76%

Investors and analysts will be closely watching Coforge's Q1 FY26 results to gauge the company's performance in the dynamic IT solutions market.

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