Coforge posts 10% rise in profit, revenue jumps 43%

Mid-tier IT services company Coforge reported a 10.3% year-on-year (YoY) rise in net profit at Rs 268 crore for the October to December quarter of the ongoing fiscal year ending March 2025. This compares with Rs 242.8 crore profit in the same quarter a year ago.Profit was helped by a 40% rise in order bookings at $1.37 billion winning four large deals across key regions of North America and Southeast Asia in a weak quarter affected by furloughs and lesser working days.

In the September quarter, profit stood at Rs 255.2 crore, showing a sequential…