Coforge Ltd.'s net profit for the fourth quarter of FY26 has more than doubled sequentially, according to an exchange filing on Tuesday.
The company posted a consolidated bottom-line of Rs 612 crore, compared to Rs 250 crore in the previous quarter. Analysts on Bloomberg had estimated profit to come in at Rs 445 crore. Revenue rose 5.2% to Rs 4,450 crore compared to Rs 4,232 crore in the previous quarter.
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Earnings before interest, taxes, depreciation surged nearly 26% to Rs 696 crore, against Rs 554 crore in the third quarter of FY26. Margin expanded to 15.6% from 13.1%.
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The company has also announced a share swap on its amalgamation with Cigniti, wherein shareholders of Cigniti are entitled to receive equity shares of Coforge in the share exchange ratio of 1:1.
"As informed in the recent intimation to exchanges, Cigniti stands amalgamated with Coforge and the equity shareholders of Cigniti are entitled to receive equity shares of Coforge in the share exchange ratio (1:1), subject to determination of eligibility as on the record date fixed by the Board," the company said in the filing.
Seperately, Coforge has deferred the declaration of a final dividend to the next meeting, as per the filing.
Coforge Q4 Result Highlights (Cons, QoQ)
- Net Profit at Rs 612 crore versus Rs 250 crore.
- Revenue rises 5.2% at Rs 4,450 crore versus Rs 4,232 crore.
- EBIT rises 25.7% at Rs 696 crore versus Rs 554 crore.
- Margin at 15.6% versus 13.1%.
- Board defers dividend proposal to next meeting
Coforge Share Price
Coforge's stock rose nearly 1.5% at close on Tuesday to settle at Rs 1,168 apiece on the NSE. This compared to a 0.36% decline in the Nifty index.
The share price has fallen 29.7% year-to-date and 84.42% in the last 12 months.
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