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Coforge’s profit up 54.7 percent in Q1

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Coforge’s profit up 54.7 percent in Q1

New Delhi, Jul 28 (PTI) IT company Coforge Ltd, formerly known as NIIT Technologies, on Wednesday said its cumulative net profit rose 54.7 per cent to Rs 123.6 crore in the first quarter of the current fiscal.

Coforge told the stock exchange that it had made a net profit of Rs 79.9 crore in the same period a year ago.

The company further informed that its cumulative income grew by 38.3 per cent to Rs 1,461.6 crore in the first quarter of FY 2021-22 from Rs 1,057 crore in the same period a year ago.

The result also includes two months of contribution from SLK Global, whose acquisition was completed by Coforge in the last week of April.

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