StockWatch
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Computers - Software & Consulting
Quarterly Result23 Oct 2026, 05:00 pm

Coforge Ltd Approves Q2 FY27 Un-audited Financial Results

AI Summary

Coforge Limited's Board of Directors, in a meeting held on October 23, 2026, approved the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company's statutory auditors, S R Batliboi & Associates LLP, issued an unmodified limited review report. The Board also approved the appointment of Price Waterhouse Chartered Accountants LLP as the new statutory auditors for a five-year term starting from the 35th AGM in 2027, subject to shareholder approval. Additionally, the Board gave in-principle approval for setting up a new entity, Momentuum Blue, in the USA to build a talent pool of Forward Deployed Engineers. The company also noted the voluntary liquidation of its step-down wholly-owned subsidiary in Italy, Digital Mobile Innovations Italy S.R.L., which was completed and the entity dissolved.

Key Highlights

  • Board approved Q2 FY27 un-audited standalone and consolidated financial results.
  • Statutory auditors issued an unmodified limited review report.
  • New statutory auditors appointed for a five-year term.
  • In-principle approval for setting up a new entity in the USA.
  • Voluntary liquidation of Italian step-down subsidiary completed.