Coforge Interim Dividend of ₹19 Record Date Tomorrow, January 30, 2025

Coforge Limited’s Board of Directors has declared and approved an interim dividend of ₹19 per equity share of face value ₹10 each.

On January 28, 2025, Coforge share price opened at ₹8,764.25 and closed at ₹8,490.10. The stock touched its day’s low at ₹8,438.35 yesterday.

Coforge Dividend Record Date

The company’s Board has declared a third interim dividend of ₹19 per fully paid-up equity share with a face value of ₹10 each for the financial year 2024-25. In accordance with Regulation 42 of the SEBI Listing Regulations (as amended), January 30, 2025, has been set as the Record Date to determine the eligibility of shareholders for receiving the interim dividend. The company stated in its exchange filing that the payment of the interim dividend will be made within 30 days from the date of its declaration.

Q3 FY 2025 Financial Highlights

The company reported revenue of ₹3,318.2 crore (US$ 397.1 million), reflecting an 8.4% Q-o-Q and 40.3% Y-o-Y growth in constant currency terms. In USD terms, revenue increased by 7.5% Q-o-Q and 40.8% Y-o-Y, while in INR terms, it rose by 8.4% Q-o-Q and 42.8% Y-o-Y. EBITDA stood at ₹519.0 crore, marking a 29.3% Y-o-Y growth. Adjusted PAT (excluding minority interest) was ₹268.0 crore, a 10.3% increase on a Y-o-Y basis.

About Coforge Ltd

Coforge is a leading IT services company delivering comprehensive software solutions and services. Its prominent global clientele includes British Airways, the ING Group, SEI Investments, Sabre, and SITA. Over the years, Coforge has established subsidiaries in countries like the US, Singapore, Australia, the UK, Germany, and Thailand to market and manage projects for its software division. The company also maintains strong business partnerships with major IT companies worldwide.

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