Mid-tier offshore services firm Coforge (nee NIIT Technologies) powered ahead during FY22 driving global sales up by 37.6% yoy at constant currency. Revenue for the twelve months ended 31st March beat guidance to land at $866.5m (FY21: $627.7m). While the company’s top line performance was helped by the $195m purchase of SLK Global last April, the pace of underlying organic expansion for the year still reached just shy of 30%. Adjusted EBITDA margin for the period improved by 70bps to 18.7%.

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