However, operational performance was slightly better than expected. Earnings before interest and tax (EBIT) stood at ₹449.4 crore, ahead of the estimated ₹448.3 crore. Operating margin came in at 13.2%, beating the forecast of 12.7%.
On a sequential basis, the company posted strong growth. Net profit rose 21.2% from ₹215.5 crore in Q3FY24, while rupee revenue increased 4.7% from ₹3,258.1 crore. EBIT grew 15.5% from ₹389.2 crore, and margins expanded from 11.9% in the previous quarter.
Also read: Ethos Q4 Results: Revenue, EBITDA grow from last year; store openings outlook in focus
The Board declared a fourth interim dividend of ₹19 per equity share (face value ₹10) for FY25. The record date for determining eligible shareholders is May 12, 2025. The dividend will be paid within 30 days from the date of declaration.
Shares of Coforge closed 1.51% higher at ₹7,499.10 on the BSE ahead of the earnings announcement.
First Published: May 5, 2025 4:23 PM IST
