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	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	152,101	120,507	90,089	80,146	64,320	46,628
Revenue Growth (YoY)	36.54%	33.76%	12.41%	24.61%	37.94%	11.45%
Cost of Revenue	89,210	73,327	54,714	49,508	40,921	35,598
Gross Profit	62,891	47,180	35,375	30,638	23,399	11,030
Selling, General & Admin	734	734	641	490	452	308
Other Operating Expenses	37,096	29,493	20,250	17,207	11,758	2,933
Operating Expenses	44,103	34,503	23,863	20,282	14,482	5,077
Operating Income	18,788	12,677	11,512	10,356	8,917	5,953
Interest Expense	-1,207	-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)	-143	-143	-295	-131	-105	-53
EBT Excluding Unusual Items	18,403	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	-1,724	-	116	-523	-	-
Pretax Income	17,012	12,961	10,698	9,512	8,615	5,962
Income Tax Expense	3,869	3,326	2,209	2,061	1,468	1,302
Earnings From Continuing Operations	13,143	9,635	8,489	7,451	7,147	4,660
Earnings From Discontinued Operations	716	-274	-133	-	-	-
Net Income to Company	13,859	9,361	8,356	7,451	7,147	4,660
Minority Interest in Earnings	-1,812	-1,240	-276	-513	-530	-104
Net Income	12,047	8,121	8,080	6,938	6,617	4,556
Net Income to Common	12,047	8,121	8,080	6,938	6,617	4,556
Net Income Growth	55.53%	0.51%	16.46%	4.85%	45.24%	2.61%
Shares Outstanding (Basic)	335	330	307	305	303	305
Shares Outstanding (Diluted)	339	333	312	311	311	311
Shares Change (YoY)	4.13%	6.73%	0.23%	0.14%	-0.07%	-0.64%
EPS (Basic)	35.94	24.60	26.31	22.75	21.80	14.94
EPS (Diluted)	35.54	24.41	25.92	22.31	21.30	14.66
EPS Growth	49.36%	-5.83%	16.19%	4.70%	45.34%	3.27%
Free Cash Flow	-	6,227	6,379	7,923	6,115	6,841
Free Cash Flow Per Share	-	18.71	20.46	25.47	19.69	22.01
Dividend Per Share	3.800	15.200	15.200	12.800	10.400	2.600
Dividend Growth	-83.33%	-	18.75%	23.08%	300.00%	-58.06%
Gross Margin	41.35%	39.15%	39.27%	38.23%	36.38%	23.66%
Operating Margin	12.35%	10.52%	12.78%	12.92%	13.86%	12.77%
Profit Margin	7.92%	6.74%	8.97%	8.66%	10.29%	9.77%
Free Cash Flow Margin	-	5.17%	7.08%	9.89%	9.51%	14.67%
EBITDA	21,987	15,228	13,199	11,913	10,405	7,034
EBITDA Margin	14.46%	12.64%	14.65%	14.86%	16.18%	15.09%
D&A For EBITDA	3,199	2,551	1,687	1,557	1,488	1,081
EBIT	18,788	12,677	11,512	10,356	8,917	5,953
EBIT Margin	12.35%	10.52%	12.78%	12.92%	13.86%	12.77%
Effective Tax Rate	22.74%	25.66%	20.65%	21.67%	17.04%	21.84%
Revenue as Reported	153,748	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.