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Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
Persistent Systems shares shed over 4% after Q4 results: Here's what Nomura and other brokerages saidPersistent Systems shares fell up to 4% after Q4 results despite reporting strong earnings growth. Net profit rose nearly 34% YoY to Rs 529...
Strong order booking, project ramp ups to keep Coforge revenue upbeatCoforge shares rose 4% after strong Q2 results, driven by robust deal wins, margin expansion, and revenue growth ahead of peers. Analysts r...
Coforge Q2 Results: PAT jumps 86% YoY to Rs 376 crore, revenue rises 32%Coforge Q2 Results: Coforge reported a stellar Q2, with net profit surging 86% year-on-year to Rs 376 crore. Revenue climbed 32% to Rs 3,98...
Coforge misses estimates, posts 138% YoY jump in Q1 profit; revenue surges 50%Coforge's June quarter net profit surged 138% YoY to Rs 317 crore, despite missing analyst estimates. Revenue also saw substantial growth, ...
Coforge shares slide 8% after Q1 earnings miss estimatesCoforge shares: Shares of Coforge fell nearly 8% after its Q1FY26 results missed analyst expectations despite strong headline growth. The I...
Large deal momentum, improving profitability keep Coforge stock buoyantCoforge shares rose 13% since May 5, outperforming the BSE IT index, driven by strong revenue growth, record deal wins, and margin expansio...
Hexaware relisting an opportunity to tap a mid-tier IT growth engineHexaware Technologies, a mid-tier IT services exporter, plans to raise Rs 8,750 crore through an offer for sale by the promoter Carlyle gro...
Coforge Q1 profit hit by acquisition, revenue up 8%Coforge's revenue grew 8.1% YoY and 1.8% quarter-on-quarter (QoQ) to Rs 2,400.8 crore for the first quarter ending June as compared to Rs 2...
Coforge’s net profit declines 6% to Rs 223 croreCoforge's net profit declined in Q4 FY24 but annual profit rose significantly. Revenue increased, and margins improved. The company plans t...
Indian techies may be in for a long wait as IT firms defer hikesInfosys and HCLTech have chosen not to implement raises, while Wipro has postponed its announcement to the third quarter. Tech Mahindra has...
IT midcaps set to keep hiring momentum going in near termWhile larger players are conserving resources and maintaining a cautious approach to hiring due to macroeconomic uncertainties, midcaps are...
Coforge Q4 FY23: net profit down 45% YoY, revenue jumps 24%Revenue from operations stood at Rs 2,170 crore, up 24.50% from Rs 1,742.9 crore in the corresponding quarter a year ago, the company said ...
Recession fears can pull IT stocks lowerThe Nifty IT index declined 3.5% on Monday, its highest decline in two-and-a-half months after the US Federal Reserve Chairperson Jerome Po...
IT Firms may report another bad quarter on attrition in Q1This despite top four IT companies – Tata Consultancy Services, Infosys, Wipro and HCL Technologies – reporting record high attrition rates...
IT sector Q1 preview: Margins to remain under pressure, focus on guidanceThe IT services universe should witness modest median revenue growth in 1QFY23E (up 3.3 per cent QoQ in CC terms and 14.3 per cent YoY). Gr...
For India’s midsized IT firms, freshers are key to winning the talent warL&T Infotech and Persistent Systems as well as Mindtree and Coforge are working on their branding to attract freshers and win lateral hires...
Coforge Q4 results: Net profit jumps 17% to Rs 133 croreCoforge's consolidated revenue from operations rose 13.7 per cent to Rs 1,261.5 crore in the fourth quarter of the last fiscal. The same st...
Coforge Q3 results: Net profit falls 1% to Rs 122 croreIts consolidated revenue from operations rose 10.9 per cent to Rs 1,190.6 crore in the quarter under review from Rs 1,073.4 crore in the ye...
Coforge net profit down 3% to Rs 123.5 croreThe company reported new deal wins worth $192 million during the quarter, adding 11 new clients.