Coforge Q4 net profit jumps 17% to Rs 133 crore : vimarsana.

Coforge Q4 net profit jumps 17% to Rs 133 crore


Coforge Q4 net profit jumps 17% to Rs 133 crore
Coforge Q4 net profit jumps 17% to Rs 133 crore
New Delhi, May 6: IT firm Coforge Ltd, formerly known as NIIT Technologies, on Thursday reported a 17 per cent rise in consolidated net profit at Rs 133 crore in the three months ended March 2021.
The company had posted a net profit of Rs 113.6 crore in the year-ago period, Coforge said in a regulatory filing.
Its consolidated revenue from operations rose 13.7 per cent to Rs 1,261.5 crore in the fourth quarter of the last fiscal. The same stood at Rs 1,109.3 crore in the year-ago period.
“The company is planning for an organic growth of at least 17 per cent in constant currency terms during FY’22 and an expansion of EBITDA margin (excluding ESOP and acquisition related costs) from 18 per cent in FY’21 to 19 per cent in FY’22,” Coforge said in a statement.

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