Overview
- Coforge reported March‑quarter profit of Rs 612.3 crore on Tuesday, with revenue at Rs 4,450.4 crore, up about 30% from a year earlier.
- Full‑year FY26 revenue rose 35.8% to Rs 16,402.7 crore as EBIT margin expanded by 370 basis points to 14.4%, with the company saying AI is lifting growth and margins after USD 5.5 million invested.
- Net profit for FY26 reached Rs 1,555.7 crore, supported by a one‑time Rs 702 million gain from the May 2025 sale of Coforge Advantage Go recorded as discontinued operations.
- The company entered FY27 with an executable order book of USD 1.75 billion and signed USD 648 million in deals in the March quarter, including five large contracts.
- Shares jumped as much as 11% on Wednesday after the margin beat and guidance, with Jefferies and Prabhudas Lilladher raising their price targets.