Integrated Filing — IndAS

General information about company
Scrip Code	532541
NSE Symbol	COFORGE
MSEI Symbol	NOTLISTED
ISIN	INE591G01017
Name of company	COFORGE LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	05-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	11-Mar-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Half Yearly
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	05-May-2025   14:30:00
End date and time of board meeting	05-May-2025   15:41:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	34099000000	120507000000
	Other income	314000000	1647000000
	Total income	34413000000	122154000000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	25000000	101000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	19958000000	72241000000
(e)	Finance costs	397000000	1347000000
(f)	Depreciation, depletion and amortisation expense	1254000000	4276000000
(f)	Other Expenses
1	Other Expenses	8846000000	31228000000
	Total other expenses	8846000000	31228000000
	Total expenses	30480000000	109193000000
3	Total profit before exceptional items and tax	3933000000	12961000000
4	Exceptional items	0	0
5	Total profit before tax	3933000000	12961000000
6	Tax expense
7	Current tax	1170000000	4033000000
8	Deferred tax	-296000000	-707000000
9	Total tax expenses	874000000	3326000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	3059000000	9635000000
12	Profit (loss) from discontinued operations before tax	14000000	-274000000
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	14000000	-274000000
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	3073000000	9361000000
17	Other comprehensive income net of taxes	361000000	415000000
18	Total Comprehensive Income for the period	3434000000	9776000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	2612000000	8121000000
	Total profit or loss, attributable to non-controlling interests	461000000	461000000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	669000000	669000000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	38.82	127.16
	Diluted earnings (loss) per share from continuing operations	38.47	126.15
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0.2	-4.15
	Diluted earnings (loss) per share from discontinued operations	0.2	-4.12
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	39.02	123.01
	Diluted earnings (loss) per share from continuing and discontinued operations	38.67	122.03
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		636 Mn in the cashflow includes Loss on discontinued Operation

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	7682000000
	Capital work-in-progress	24000000
	Investment property	0
	Goodwill	38430000000
	Other intangible assets	14850000000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	3911000000
	Loans, non-current	0
	Other non-current financial assets	893000000
	Total non-current financial assets	4804000000
	Deferred tax assets (net)	5470000000
	Other non-current assets	6032000000
	Total non-current assets	77292000000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	1457000000
	Trade receivables, current	25771000000
	Cash and cash equivalents	7956000000
	Bank balance other than cash and cash equivalents	876000000
	Loans, current	0
	Other current financial assets	2961000000
	Total current financial assets	39021000000
	Current tax assets (net)
	Other current assets	4487000000
	Total current assets	43508000000
3	Non-current assets classified as held for sale	4107000000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	124907000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	669000000
	Other equity	63123000000
	Total equity attributable to owners of parent	63792000000
	Non controlling interest	19498000000
	Total equity	83290000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	67000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1844000000
	Total Trade payable	1844000000
	Other non-current financial liabilities	6388000000
	Total non-current financial liabilities	8299000000
	Provisions, non-current	0
	Deferred tax liabilities (net)	2184000000
	Deferred government grants, Non-current	0
	Other non-current liabilities	3334000000
	Total non-current liabilities	13817000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	6938000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	9883000000
	Total Trade payable	9883000000
	Other current financial liabilities	5518000000
	Total current financial liabilities	22339000000
	Other current liabilities	5036000000
	Provisions, current	0
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	27375000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	425000000
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	41617000000
	Total equity and liabilites	124907000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Oct-2024	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	America	18658000000	66085000000
2	Europe,Middle East and Africa	10975000000	40534000000
3	Asia Pacific	2338000000	8590000000
4	India	2128000000	5298000000
	Total Segment Revenue	34099000000	120507000000
	Less: Inter segment revenue	0	0
	Revenue from operations	34099000000	120507000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	America	3309000000	11099000000
2	Europe,Middle East and Africa	2019000000	7100000000
3	Asia Pacific	393000000	675000000
4	India	-237000000	-562000000
	Total Profit before tax	5484000000	18312000000
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	5484000000	18312000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	America	0	0
2	Europe,Middle East and Africa	0	0
3	Asia Pacific	0	0
4	India	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	America	0	0
2	Europe,Middle East and Africa	0	0
3	Asia Pacific	0	0
4	India	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	Company does not prepare Segment wise Asset & Liablities

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of Post-Employment benefit obligantion(expenses)/Income	119000000	221000000
	Total Amount of items that will not be reclassified to profit and loss	119000000	221000000
2	Income tax relating to items that will not be reclassified to profit or loss	38000000	58000000
3	Amount of items that will be reclassified to profit and loss
1	Defered gains/loss on cashflow hedges	90000000	-128000000
2	Exchange Differences on translation of Foreign Operations	214000000	345000000
	Total Amount of items that will be reclassified to profit and loss	304000000	217000000
4	Income tax relating to items that will be reclassified to profit or loss	24000000	-35000000
5	Total Other comprehensive income	361000000	415000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			12961000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1305000000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-7425000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-3733000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-450000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			1680000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			6728000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			4683000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			68000000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			511000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			846000000
	Adjustments for interest income			216000000
	Adjustments for share-based payments			1700000000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-636000000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			3369000000
	Net cash flows from (used in) operations			16330000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			3959000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			12371000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			20810000000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			572000000
	Purchase of property, plant and equipment			6144000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			714000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			1185000000
	Net cash flows from (used in) investing activities	-24483000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			184000000
	Proceeds from issuing shares			22015000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			6039000000
	Repayments of borrowings			3716000000
	Payments of lease liabilities			866000000
	Dividends paid			5097000000
	Interest paid			1438000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			16753000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			4641000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			102000000
	Net increase (decrease) in cash and cash equivalents			4743000000
	Cash and cash equivalents cash flow statement at beginning of period			3213000000
	Cash and cash equivalents cash flow statement at end of period			7956000000