coforge share price

Coforge stock jumped 10% while Persistent Systems stock gained 9% after presenting their Q3 2025 financial results.

Over three months Coforge realized a 20% price hike but generated 46% growth in six months and raised 108% in two years. Meanwhile Persistent Systems earned multibagger returns of 170% in two years.

After delivering strong Q3 performance Coforge stock rose 10% and Persistent Systems stock gained 9%

Shares for Coforge and Persistent Systems moved up sharply on Thursday because of their strong Q3 FY25 financial results. Coforge shares reached their daily price limit of 10% at ₹9,047.60 because of their strong results while Persistent Systems shares rose 9.05% to hit a market value of ₹6,200 per share. During this quarter Tier-2 IT companies achieved solid financial results.

Coforge Q3 Results

During Q3FY25 Coforge generated ₹215.5 million in net profit which represented a 6.6% increase over the earlier period.

Key Financial Highlights:

1 Revenue Growth: During Q3 the company generated earnings of ₹3,318.2 crore which represented an 8.4% increase from the previous quarter.

  • In Constant Currency: Revenue grew by 8.4% QoQ.
  • In US Dollar Terms: Total revenues hit $397 million in the latest quarter and grew 7.5% compared to the previous period.

2 EBIT: Coforge earned more net profit this quarter by reaching ₹316.2 crore compared to ₹287.6 crore last quarter.
3 EBIT Margin: The business earned 9.5% EBIT margin versus 9.4% in prior periods.

Other Updates:

  • Acquisition: Coforge made an agreement to buy Xceltrait Inc. for $17.85 million.
  • Dividend: The company plans to distribute an interim dividend of ₹19 per share on January 30th, 2025.

Persistent Systems Q3 Results

Persistent Systems delivered an excellent quarterly performance with a 14 percent increase in QoQ net profit to ₹373 crore during Q3FY25.

Key Financial Highlights:

1 Revenue Growth:

  • In US Dollar Terms: Total earnings grew by 5% quarter over quarter to $360.2 million in the recent period.
  • In INR Terms: The company earned 5.7 percent more revenue reaching ₹3,062 crore during the period.
  • Constant Currency Growth: 4.6% QoQ.

2 EBIT: Grew 12% QoQ to ₹456 crore.
3 EBIT Margin: Business margin increased by 90 basis points to reach a level of 14.9%.

Other Updates:

1 Dividend: They distributed an interim payment to shareholders of ₹20.

2 Growth Outlook:

  • The company recorded 19.8% worth of revenue increases during the quarter.
  • Financial experts predict that the company’s USD revenue will increase by 19% during the fiscal years 2024 to 2027.

Analyst Opinions

Coforge

From the start Coforge maintains its pattern of steady improvement. The company’s recent business acquisition plus dividend distribution increases its attractiveness to investors.

Persistent Systems

Brokerages remain positive on Persistent Systems, highlighting its strong growth potential:

  • Nuvama Institutional Equities: The analyst raised the price target to ₹7,000 by showing belief in the company’s plan to grow its operations properly.
  • Motilal Oswal: Persistent Systems remains on a strong growth path so we set a share price target at ₹7,600 to reflect its premium valuation.

Stock Price Trends

Coforge

  • 3 Months: Up 20%.
  • 6 Months: Up 46%.
  • 2 Years: A remarkable gain of 108%.

Persistent Systems

  • 1 Month: Down 4%.
  • 6 Months: Up 28%.
  • 1 Year: Up 49%.
  • 2 Years: The stock generated a return of 170 percent.

Disclaimer: These findings come from market analyst studies and reports. You should talk to licensed professionals before you invest your money.

Also Read: Waaree Energies stock dropped by 7%.

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