Coforge Reports Strong Q4 Financial Performance Amidst Industry Growth

Coforge, the prominent technology service provider, has unveiled its impressive financial results for the quarter ending March 2025. On May 5, the company revealed a remarkable 17% year-on-year (YoY) surge in its profit after tax (PAT), reaching ₹261 crore, compared to ₹223.7 crore during the same quarter last year. This growth reflects the company’s robust operational performance and strategic initiatives.

Revenue Growth and Deal Closures

In the fourth quarter of FY25, Coforge’s revenue from operations soared by 47% YoY, amounting to ₹3,409.9 crore, up from ₹2,318.4 crore in the previous year’s quarter. When adjusted for constant currency (CC), the revenue growth stands at 43.8% YoY, while in USD terms, it climbed 43.6%.

• Record Deal Closures: The company celebrated a milestone with five large deal closures during Q4, contributing to a total contract value (TCV) of $1.56 billion.
• Order Book Growth: The executable order book for the upcoming twelve months increased to $1.5 billion, reflecting a 47.7% YoY and 10.3% QoQ growth.

Improved Attrition and Workforce Expansion

Coforge also reported an attrition rate of 10.9% for Q4 FY25, showing a notable improvement of 60 basis points from the previous year, positioning it as one of the lowest in the industry. The workforce has expanded to 33,497, with a sequential net addition of 403 employees. Since the beginning of the year, the headcount has experienced a significant 35.5% increase.

CEO’s Insights on Company Growth

Sudhir Singh, the Chief Executive Officer and Executive Director of Coforge, expressed optimism about the company’s trajectory. “FY25 was a remarkable year for us, showcasing a 32.0% growth in CC terms, fueled by 14 large deals and a widespread growth across our sectors and geographic markets. Our ability to achieve this stellar performance in a challenging macroeconomic environment highlights our strong client relationships, the dedication of our team, and our unique execution capabilities,” he stated.

Anticipating Future Success

Singh emphasized that the $1.56 billion TCV secured in Q4, combined with the growing pipeline of large deals, positions Coforge for robust growth in FY26.

Dividend Announcement

In addition to its financial results, Coforge’s board declared a fourth interim dividend of ₹19 per equity share, further underscoring the company’s commitment to delivering value to its shareholders. The record date for this dividend is set for May 12, and payment is expected within 30 days of the declaration.

With its strategic growth initiatives and strong financial performance, Coforge is poised for continued success in the tech industry. Stay tuned for more updates on the company’s developments.

For more information on Coforge’s financial performance, visit Coforge’s official website.