Coforge delivers 49% YoY Growth, PAT increases 110% YoY

Coforge Limited (NSE: COFORGE), a global AInative engineering services leader, today announced its financial results for the quarter ended June 30, 2026.

Key Financial Highlights

- Revenue: INR 55,277 Mn / USD 592.2 Mn - up 49% YoY in INR terms, 33% in USD terms

- EBITDA: INR 11,233 Mn / USD 120.3 Mn - up 74% YoY in INR terms, up 55% in USD terms; EBITDA margin at 20.3%, increased by 285 bps YoY

- EBIT: INR 8,822 Mn / USD 94.5 Mn - up 101% YoY in INR terms, up 80% in USD terms. EBIT margin at 16.0%, increased by 414 bps YoY

- PAT: INR 5,186 Mn / USD 55.6 Mn - up 110% YoY in INR terms, up 46% in USD terms

The Board has recommended an interim dividend of INR 4/- per share, and the record date for this payout will be August 03, 2026.

"Our Q1 performance, with 21.1% sequential growth and 33.3% YoY growth in US dollar terms, reflects the strength of our differentiated capabilities and an execution intensity that is uniquely our own. The confluence of our next twelve month signed order book of $2.23 billion, an exceptionally strong large deal pipeline and differentiated capabilities with 86% of our revenues coming from AI-led engineering, data and cloud services has set us up to be the industry growth leader for the third year running. Our consolidated Q1 margins have come ahead of our annual margin guidance. The 414 bps YoY expansion in EBIT margin and 285 bps YoY expansion in EBITDA margin reflect the impact of AI infusion at scale in client delivery and internal operations. With the Encora acquisition completely operationally integrated and with strong demand, record visibility, and a rapidly expanding pipeline of AI-led opportunities, FY27 is shaping up to be an exceptional performance year for the firm." said Sudhir Singh, Chief Executive Officer and Executive Director, Coforge Ltd.

Key Business Highlights

- Order Intake: $691 Mn TCV for the Quarter.

- Executable Order Book over the next twelve months at $2.23 billion, a 27% QoQ increase.

- Large Deal Momentum: Four large deals signed this quarter across North America, Europe and Laen America.

- LTM afrieon was at 10.4 % compared to 10.8 % last quarter.

- Launched Coforge Nuuron, an "AI Operaeng System" designed to help enterprises industrialize AIdriven outcomes across the business by orchestraeng knowledge, decision intelligence, AI agents, and execueon systems into a unified autonomous operaeng model.

- Unveiled 'NEXA Agen>c AI Pla?orm', a next generaeon insurance business plamorm designed for the global insurance industry, marking a significant advancement in how insurers operaeonalize AI to drive measurable business outcomes.

- Announced Aeronova.AI an AI- enabled framework that helps airlines move safely from legacy PNR-based operaeons to order-led retailing without disrupeng revenue or day-to-day performance.

Source : Equity Bulls

Keywords

Coforge Q1FY27 Q1FY2027 ResultUpdate