Coforge reported its Q2 FY2025 earnings, showing a mixed performance. The company's profit rose to Rs 212 crore, with revenue increasing by 34% as its order book grew by 40%. However, adjusted profit fell by 12.3% to Rs 206 crore compared to Rs 234.6 crore in the previous quarter. Revenue increased by 6.8% to Rs 2,563 crore from Rs 2,401 crore QoQ. EBIT decreased by 5% to Rs 312 crore, while the EBIT margin dropped to 12.2% from 13.6%. The company's dollar revenue rose by 6.3% to $309.8 million. Following the earnings report, Coforge's share price surged up to 12%, reaching a record high of Rs 7397.25 and trading above key DMA levels. Coforge has been identified as the top midcap IT pick by analysts. The Nifty IT index, led by Coforge and Persistent Systems, was the top sectoral gainer, up around 3%.