Coforge Reports 17% Increase In Net Profit To Rs 133 Crore In March Quarter, Stock Zooms 18%

INSUBCONTINENT EXCLUSIVE:
Shares of Coforge were last trading 17.37 per cent higher at 3,394.75 on the BSE.Share price of global IT solutions company Coforge Limited
- earlier known as NIIT Technologies, zoomed over 17 per cent on Thursday, May 6, after announcing its January-March quarter results for the
financial year 2020-21
On Thursday, Coforge opened on the BSE at Rs 2,894, registering an intra day high of Rs 3,448, and an intra day low of Rs 2,823.35, in the
trading session so far
According to a regulatory filing by the organisation to the BSE, Coforge reported a net profit of Rs 133 crore in the March quarter in the
fiscal year 2020-21.According to the statement, Coforge Limited reported a net profit of Rs 113.6 crore in the corresponding quarter of the
previous fiscal, which marked a 17 per cent rise in consolidated profit for the company in the March quarter of 2020-21.On the NSE, Coforge
Limited opened at Rs 2,905, witnessing an intra day high of Rs 3,449, and an intra day low of Rs 2,821.85, in the session so far
It was last trading 17.62 per cent higher at Rs 3,401.55 on the NSE.Shares of Coforge Limited were last trading 17.37 per cent higher at
3,394.75 on the BSE.