StockWatch
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Computers - Software & Consulting
Quarterly Result23 Oct 2026, 04:40 pm

Coforge Q2 FY27 Revenue Up 53.6% YoY to ₹61,708 Mn

AI Summary

Coforge Limited announced strong financial results for the quarter and half-year ended September 30, 2026. Revenue surged 53.6% year-over-year (YoY) in INR terms to INR 61,708 Mn (USD 652.2 Mn), with USD revenue growing 40.1% YoY. EBITDA increased by 67.3% YoY to INR 12,697 Mn, and EBIT grew 67.8% YoY to INR 9,847 Mn. Profit After Tax (PAT) rose 56.5% YoY to INR 5,881 Mn. The company signed eight large deals, the highest in a single quarter, contributing to a $2.38 billion order book for the next 12 months, up 45% YoY. Coforge raised its FY27 EBIT margin guidance to 16% and launched new initiatives like Momentuum blue and CXNova, while expanding its Kraków Engineering Center.

Key Highlights

  • Revenue grew 53.6% YoY to INR 61,708 Mn.
  • EBITDA margin improved to 20.6%, up 168 bps YoY.
  • Signed 8 large deals, highest in a single quarter.
  • Next 12 months order book at $2.38 Bn, up 45% YoY.
  • FY27 EBIT margin guidance raised to 16%.