Q3 Results 2025 Effect: IT Firms Sees Positive Trading Surge
Coforge shares hit 10% upper circuit while Persistent Systems shares were up over 9%.
Q3 Results 2025 Effect: IT Firms Sees Positive Trading Surge
After the company reported strong Q3 results for FY2025, the shares of Coforge Limited surged 10% to hit the upper circuit at ₹9,047.95 apiece on the BSE.
The company’s Q3FY25 revenue growth stood at 8.4% quarter-on-quarter (QoQ) at ₹3,318.2 crore. In constant currency (CC) terms, revenue grew by 8.4% on a sequential basis, while in US dollar terms, the topline rose by 7.5% QoQ to $397 million.
Coforge's net profit for the quarter rose 6.6% YoY to ₹215.5 crore, beating analyst estimates. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) margin expanded ₹316.2 crores from ₹287 crores in the previous quarter.shares were
On the other hand, Persistent Systems shares rallied over 9% to ₹6,200 per piece after the company reported a net profit of 14% YoY growth in Q3 revenue to ₹373 crore. Furthermore, the company’s revenue increased by 5.7% to ₹3,062 crore. In constant currency terms, revenue growth was at 4.6%.
However, despite a traditionally weak quarter in the IT industry, the AI-led, platform-driven services approach drove outstanding growth for Persistent Systems.
Persistent Systems and Coforge Stock Price Trend
Coforge's stock price has risen 20% in three months and more than 46% in six months. The stock has risen by 108% in the last two years.
Meanwhile, Persistent Systems' stock price fell 4% in a month, but then rebounded 28% in six months and more than 49% in a year. Over the last two years, the IT stock has returned more than 170%.