Coforge Posts Strong Q1FY26 Results, Big Growth In Revenue & Deals

Key Points:

- 9.6 percent QoQ growth in dollar revenue; Rs 317 crore net profit

- USD 507M deal wins; USD 1.55B executable order book

- AI platforms and global recognition drive momentum

Mumbai: Coforge Ltd reported an excellent performance for the first quarter of FY26, with strong growth in both revenue and profits. The company's revenue jumped 9.6 percent quarter-on-quarter in dollar terms, reaching USD 442 million (Rs 3,689 crore). In constant currency terms, revenue rose 8.0 percent QoQ and 51.5 percent YoY.

The EBITDA margin improved to 17.5 percent, up by 61 basis points from the previous quarter. EBITDA stood at USD 77.3 million, growing 13.6 percent QoQ and 50.1 percent YoY. Net profit was Rs 317 crore, a 21.5 percent increase from the previous quarter, and up 138.4 percent YoY.

The board declared an interim dividend of Rs 4 per share, with July 31, 2025 as the record date.

Strong Deal Wins and Order Book Growth

Coforge secured USD 507 million in new orders during the quarter, including five large deals across North America, the UK, and the Asia-Pacific region. The order book executable over the next 12 months is now at USD 1.55 billion, up 46.9 percent year-on-year.

CEO Sudhir Singh said the company expects FY26 to be exceptional, thanks to strong large-deal momentum, new AI platforms, and a focus on execution.

Tech Innovation and AI Expansion

Coforge continues to invest in AI and digital innovation. It launched:

AgentSphere, a library of 100+ industry-specific AI agents for sectors like travel, finance, and healthcare

Forge-X, an AI-powered platform to help clients modernize applications faster

DisputeXcelerate, a dispute management tool on the ServiceNow platform

The company also partnered with Zscaler to offer Secure Access 360 through Microsoft Azure for enhanced cyber security.

Employee Growth and Low Attrition

Coforge’s workforce reached 34,187, with 1,164 net additions during the quarter. The attrition rate remained low at 11.3 percent, one of the best in the IT industry.