coforge reports 17 percent profit rise and 34 percent revenue growth in q2

Coforge's net profit for the July-September quarter increased by nearly 17 percent compared to the same period last year. Revenue from operations also saw a significant year-on-year surge.

Coforge achieved a total order intake of $516 million, including three large deals, and maintained a steady order intake above $300 million for the eleventh consecutive quarter. The order book for the next 12 months reflects a robust 40 percent year-on-year growth. Coforge added 13 new clients during the quarter and increased its headcount by 5,871 employees, with a notable drop in attrition. This total includes employees from the recently acquired Cigniti, as well as organic additions.

The company's performance in the July-September quarter demonstrates its strong financial growth and business expansion. With a significant increase in net profit and revenue from operations, Coforge continues to secure large deals and maintain a steady order intake. The addition of new clients and the increase in headcount further contribute to the company's growth trajectory.

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