12-month executable order book at $1.02 bn, up 17.3% YoY.
The board recommends an interim dividend of INR 19 per share.
Gurugram, May 2nd 2024, Thursday:Coforge Limited(NSE: COFORGE), a leading global IT solutions organization, today announced its audited financial results for the quarter and year ended March 31, 2024. The Company reported a strong performance despite the slowdown in the Global IT services industry.
FY24 – Financial Highlights
Q4 FY24 – Financial Highlights
“FY24 was an exemplary year where the firm grew 13.3% in CC organic terms, thus becoming one of the very few firms across the industry that was able to deliver on the annual growth guidance given at the beginning of FY24. The $400 Mn TCV deal signed in Q4, the 56% YoY increase in order intake and the 102-bps sequential margin improvement in Q4 set us up strongly to deliver robust growth in FY25 with expanded margins.” said Mr. Sudhir Singh, Chief Executive Officer, Coforge Ltd.
The Board has recommended an interim dividend of INR 19 per share and the record date for this will be 15th May 2024.
Q4 FY24 - Business Highlights
Acquisition of Cigniti Technologies.
Q4FY24 – Awards, Recognitions and Partnerships
Alliances, partnerships, and solutions offerings
Analysts Accolades
Awards and Recognitions
CSR milestone
Coforge is a global digital services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. A focus on very select industries, a detailed understanding of the underlying processes of those industries and partnerships with leading platforms provides us a distinct perspective. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration and Automation technologies to transform client businesses into intelligent, high growth enterprises. Coforge’s proprietary platforms power critical business processes across its core verticals. The firm has a presence in 21 countries with 26 delivery centers across nine countries..
Learn more at www.coforge.com
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