Coforge Ltd has kicked off FY26 with a robust performance, reporting an 8.2 percent quarter-on-quarter revenue growth in rupee terms and a 21.5 percent sequential rise in profit after tax. The company’s strong execution and deal momentum have positioned it for sustained growth through the fiscal year.
Key Highlights From Q1 FY26 Results
- Revenue rose to ₹3,689 crore, up 8.2 percent QoQ and 56.5 percent YoY, driven by broad-based demand across verticals
- Profit after tax stood at ₹317 crore, marking a 21.5 percent QoQ and 138.4 percent YoY increase
- EBITDA reached USD 77.3 million, up 13.6 percent QoQ, with margin expansion of 61 basis points to 17.5 percent
- Total contract value signed during the quarter was USD 507 million, including five large deals across North America, UK, and APAC
- Executable order book over the next 12 months rose 46.9 percent YoY to USD 1.55 billion
Strategic Developments And Operational Metrics
- Coforge launched Quasar AI Marketplace and AgentSphere library to accelerate AI-led transformation across industries
- Headcount increased by 1,164 to 34,187, with attrition at 11.3 percent, among the lowest in the sector
- Interim dividend of ₹4 per share declared, with record date set for July 31
Outlook
Coforge’s strong Q1 performance, expanding order book, and AI-driven platforms signal a clear path toward achieving its FY26 EBIT target of 14 percent. The company remains focused on execution and innovation to sustain its growth trajectory.
Sources: Businessworld, Economic Times, Coforge Filings.