Hot Pursuit     05-Jan-24
Coforge appoints Sourabh Goel as CFO
Coforge gained 2.22% to Rs 6,083.80 after its board approved the appointment of Sourabh Goel as chief financial officer (CFO) and key managerial personnel (KMP) with effect from 5 January 2024.
Sourabh Goel will be replacing Ajay Kalra, who has relinquished the position of CFO of the company due to personal reasons and to pursue other opportunities with effect from 4 January 2024. Kalra ceases to be a KMP of the company as on the same date.

However, Ajay Kalra will continue to be a full-time employee and a senior advisor to the company till 10 July 2024.

Saurabh Goel has been the deputy CFO and executive vice president of Coforge. He has been responsible for investor relations, pricing, contracting, business finance, audit, investment programs and corporate treasury. He has been associated with Coforge for the last thirteen years and has an overall experience of nineteen years in the finance domain.

Coforge is a global digital services and solutions provider that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. The firm has a presence in 21 countries with 25 delivery centers across nine countries.

The IT company's consolidated net profit rose 9.5% to Rs 181 crore on 2.49% increase in revenue from operations to Rs 2,276.2 crore in Q2 FY24 over Q1 FY23.

The scrip ended 2.22% higher at Rs 6,083.80 on the BSE.

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