Coforge Limited (NSE:COFORGE)

Coforge Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	143,423	120,507	90,089	80,146	64,320	46,628
Revenue Growth (YoY)	41.37%	33.76%	12.41%	24.61%	37.94%	11.45%
Cost of Revenue	85,470	73,327	54,714	49,508	40,921	35,598
Gross Profit	57,953	47,180	35,375	30,638	23,399	11,030
Selling, General & Admin	734	734	641	490	452	308
Other Operating Expenses	34,487	29,493	20,250	17,207	11,758	2,933
Operating Expenses	40,951	34,503	23,863	20,282	14,482	5,077
Operating Income	17,002	12,677	11,512	10,356	8,917	5,953
Interest Expense	-1,114	-871	-926	-598	-479	-15
Interest & Investment Income	910	910	228	157	112	191
Currency Exchange Gain (Loss)	55	55	63	259	161	-106
Other Non Operating Income (Expenses)	-366	-143	-295	-131	-105	-53
EBT Excluding Unusual Items	16,487	12,628	10,582	10,043	8,606	5,970
Gain (Loss) on Sale of Investments	121	121	-	5	3	8
Gain (Loss) on Sale of Assets	212	212	-	-13	6	-16
Other Unusual Items	-248	-	116	-523	-	-
Pretax Income	16,572	12,961	10,698	9,512	8,615	5,962
Income Tax Expense	3,864	3,326	2,209	2,061	1,468	1,302
Earnings From Continuing Operations	12,708	9,635	8,489	7,451	7,147	4,660
Earnings From Discontinued Operations	743	-274	-133	-	-	-
Net Income to Company	13,451	9,361	8,356	7,451	7,147	4,660
Minority Interest in Earnings	-1,751	-1,240	-276	-513	-530	-104
Net Income	11,700	8,121	8,080	6,938	6,617	4,556
Net Income to Common	11,700	8,121	8,080	6,938	6,617	4,556
Net Income Growth	46.78%	0.51%	16.46%	4.85%	45.24%	2.61%
Shares Outstanding (Basic)	335	330	307	305	303	305
Shares Outstanding (Diluted)	338	333	312	311	311	311
Shares Change (YoY)	5.79%	6.73%	0.23%	0.14%	-0.07%	-0.64%
EPS (Basic)	34.95	24.60	26.31	22.75	21.80	14.94
EPS (Diluted)	34.60	24.41	25.92	22.31	21.30	14.66
EPS Growth	38.75%	-5.83%	16.19%	4.70%	45.34%	3.27%
Free Cash Flow	7,081	6,227	6,379	7,923	6,115	6,841
Free Cash Flow Per Share	20.94	18.71	20.46	25.47	19.69	22.01
Dividend Per Share	15.600	15.200	15.200	12.800	10.400	2.600
Dividend Growth	-31.58%	-	18.75%	23.08%	300.00%	-58.06%
Gross Margin	40.41%	39.15%	39.27%	38.23%	36.38%	23.66%
Operating Margin	11.85%	10.52%	12.78%	12.92%	13.86%	12.77%
Profit Margin	8.16%	6.74%	8.97%	8.66%	10.29%	9.77%
Free Cash Flow Margin	4.94%	5.17%	7.08%	9.89%	9.51%	14.67%
EBITDA	20,806	15,228	13,199	11,913	10,405	7,034
EBITDA Margin	14.51%	12.64%	14.65%	14.86%	16.18%	15.09%
D&A For EBITDA	3,804	2,551	1,687	1,557	1,488	1,081
EBIT	17,002	12,677	11,512	10,356	8,917	5,953
EBIT Margin	11.85%	10.52%	12.78%	12.92%	13.86%	12.77%
Effective Tax Rate	23.32%	25.66%	20.65%	21.67%	17.04%	21.84%
Revenue as Reported	144,847	122,154	90,543	80,765	64,838	46,954
Advertising Expenses	-	610	459	257	191	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.