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Coforge Q3 Results Review: Dolat Capital Maintains 'Sell' On The Stock — Here's Why
With strong TCV wins and 12 million executable order book, Coforge is confident of delivering sustained as well as accelerated growth, adds the brokerage.
23 Jan 2025, 05:43 PM IST 
Coforge reported revenue growth of 8.4% constant currency QoQ (estimate: 3.8%), led by a broad-based vertical outperformance, despite a seasonally weak quarter.
(Photo source: Company website)
Coforge’s PAT growth was up 6%/flat QoQ due to higher ESOP, net other expense (net of order inflows, finance cost and forex loss), and higher ETR.
