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VERIFIEDET Stocks·positive
Coforge Q1 Results: Profit soars 63% to Rs 519 crore driven by Encora acquisition, AI-led services demand
AI Summary
- ·Coforge's Q1 profits increased by 63.3 percent to Rs 519 crore.
- ·Revenue grew by 49.2 percent to Rs 5,527.7 crore, boosted by the Encora acquisition and AI services.
- ·The company secured new orders worth USD 691 million during the quarter.