Interim report
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Coforge Limited Consolidated Profit and Loss Statement 30th September 2021 Coforge INR Mn . Particulars Q2FY22 Q1FY22 QoQ % Q2FY21 YoY % Gross Revenues 15,694 14,616 7.4 % 11,537 36.0 % Direct Costs 10,656 10,250 4.0 % 7,776 37.0 % Gross Profit 5,038 4,366 15.4 % 3,761 33.9 % GM % 32.1 % 29.9 % 223 Bps 32.6 % -50 Bps Selling / General And Administration 2,115 2,007 5.4 % 1,589 33.1 % SG & A to Revenue % 13.5 % 13.7 % -26 Bps 13.8 % -30 Bps EBITDA 2,923 2,359 23.9 % 2,172 34.6 % EBITDA % 18.6 % 16.1 % 249 Bps 18.8 % -20 Bps Acquisition related expenses * 51 124 -58.9 % 0 NA Cost of ESOPS 135 130 3.4 % 124 8.8 % EBITDA ( Post RSU ) 2,737 2,104 30.1 % 2,048 33.6 % EBITDA % ( Post RSU ) 17.4 % 14.4 % 304 Bps 17.8 % -31 Bps Depreciation and Amortization 598 524 14.2 % 460 30.1 % Other Income ( net ) -77 52 -249.4 % -63 22.4 % Associate Profit 0 0 Profit Before Tax 2,061 1,632 26.3 % 1,525 35.2 % PBT % 13.1 % 11.2 % 197 Bps 13.2 % -8 Bps Provision for Tax 446 320 39.4 % 303 47.2 % Minority Interest 148 76 94.7 % 15 886.7 % Profit After Tax ( after Minority Int . ) 1,467 1,236 18.7 % 1,207 21.6 % PAT % 9.4 % 8.5 % 89 Bps 10.5 % -111 Bps Basic EPS ( INR ) 24.2 21.5 % Acquisition related expenses includes cost of MIP of leadership of acquired business which was funded by exiting shareholders . Q1 has been 20.4 18.7 % 19.9 reclassified to reflect this .