Coforge Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also declared an interim dividend of ₹4 per equity share. Key highlights include the approval of financial statements and the re-appointment of Mr. O.P. Bhatt as Independent Director and Chairperson. The company also in-principally approved setting up an entity in China.
Coforge Announces Q1 FY27 Financial Performance
Coforge Limited has released its unaudited financial results for the first quarter of the financial year 2026-27, ending on June 30, 2026. The Board of Directors, in their meeting held on July 27, 2026, reviewed and approved these results, alongside an unmodified Limited Review Report from statutory auditors S R Batliboi & Associates LLP. The standalone and consolidated financial statements reflect the company’s performance during the period.
Key Financial Highlights
For the quarter ended June 30, 2026, Coforge reported standalone total income of ₹31,998 million. The profit after tax from continuing operations stood at ₹5,317 million. On a consolidated basis, the company reported total income of ₹55,545 million and profit after tax from continuing operations of ₹5,317 million. The company also announced an interim dividend of ₹4 per equity share, with a record date set for August 03, 2026.
Strategic Approvals and Re-appointments
In addition to the financial outcomes, the Board of Directors has in-principally approved the establishment of a new entity in China to support the expansion of operations. Furthermore, Mr. O.P. Bhatt (DIN:00548091) has been re-appointed as an Independent Director and Chairperson of the Board for a second term of five years, effective from May 01, 2027. This re-appointment is subject to shareholder approval.
Expansion into China
Coforge is set to expand its global footprint with the in-principle approval to establish a new entity in China. This strategic move is aimed at furthering the company’s operational expansion in the region. Further details regarding this initiative will be shared in due course as the plans develop.
Source: BSE