Coforge Reports Strong Q1 Results: Revenue Jumps 49% YoY as PAT Increases 110%

Coforge Reports Strong Q1 Results: Revenue Jumps 49% YoY as PAT Increases 110%​

Coforge Limited has announced its financial results for the quarter ended June 30, 2026, reflecting significant growth and margin expansion. The company reported a 49% year-over-year (YoY) increase in revenue, while Profit After Tax (PAT) surged by 110% YoY.

The Board of Directors recommended an interim dividend of INR 4/- per share, with the record date set for August 03, 2026.

Key Financial Performance Metrics​

Coforge’s Q1 performance demonstrates a strong execution intensity and expanded operational capabilities. The company's revenue grew to INR 55,277 Million (USD 592.2 Mn), marking a 49% YoY increase in INR terms and 33% in USD terms.

The profit metrics also saw substantial gains:

• EBITDA: Reached INR 11,233 Million (USD 120.3 Mn), up 74% YoY (INR) or 55% (USD). The EBITDA margin settled at 20.3%, a rise of 285 basis points (bps) YoY.
• EBIT: Increased by 101% YoY (INR) and 80% (USD), with an EBIT margin of 16.0%, up 414 bps YoY.
• PAT: Reached INR 5,186 Million (USD 55.6 Mn), showing a 110% increase in INR terms and 46% in USD terms.

A summary of the financial outcomes for Q1 FY27 is provided below:

Operational and Growth Highlights​

The company maintains a robust future growth pipeline. The executable order book over the next twelve months stands at $2.23 billion, representing a 27% increase quarter-on-quarter (QoQ). Furthermore, the firm secured $691 Million in TCV for new orders during the quarter.

Sudhir Singh, Chief Executive Officer and Executive Director of Coforge Ltd., stated that the Q1 performance reflects the strength derived from differentiated capabilities and execution intensity. He highlighted that 86% of the company's revenues stem from AI-led engineering, data, and cloud services, positioning Coforge as an industry growth leader.

Product Innovation and Market Recognition​

Coforge significantly advanced its market offerings and secured multiple recognitions across various industry analyst reports. Key business developments include:

• Product Launches: The company launched Coforge Nuuron, an 'AI Operating System' designed to help enterprises industrialize AI-driven outcomes by unifying knowledge, decision intelligence, AI agents, and execution systems.
• Platform Advancement: They unveiled the 'NEXA Agentic AI Platform', a next-generation insurance business platform aimed at enabling insurers to operationalize AI for measurable outcomes.
• AI Framework: Coforge also announced Aeronova.AI, an AI-enabled framework that assists airlines in transitioning from legacy PNR-based operations to order-led retailing.

In terms of industry accolades, Coforge was recognized as a 'Leader' in ISG Digital Engineering Services and for specific categories within the ISG ServiceNow Ecosystem Partners 2026 Provider Lens study. The company also received multiple recognitions from Everest Group, Avasant, and Nelson Hall for its specialized services.

Strategic Partnerships and Market Reach​

Coforge solidified strategic alliances during the reporting period. The firm was honored with the Pega Industry Excellence Award: Government and Public Sector from Pegasystems for its work with a Scottish national telehealth service provider. Additionally, Coforge became a strategic services partner in the Zscaler AI-Guardian program, working closely with Zscaler to help organizations securely adopt AI while extending Zero Trust principles.

The company's geographical mix showed strong performance in the Americas, which accounted for 52.7% of Q1 FY27 revenue.

COFORGE Stock Price Movement​

Coforge Limited shares rallied on Monday, closing up 3.12% at ₹1528.4 as investors reacted positively to company news. The stock traded within a tight intraday range of ₹1489.4 and ₹1538.2, with high volume exceeding 3.78 million shares recorded.