Synopsis : Coforge posted an exceptional Q1FY26 with a 156% YoY surge in profit and a 47% increase in its executable order book, driven by strong large deal momentum and an expanding AI-led portfolio. The company also reported the lowest attrition among Indian IT peers, underscoring operational resilience.
Coforge has reported a robust start to FY26, with its Q1 results reflecting strong revenue and profit growth alongside a healthy pipeline of large deals. The company’s revenue rose by 56.5% year-on-year to Rs 3,689 crore, while net profit saw a sharp 155.85% jump to Rs 356.4 crore. Sequentially, profit grew nearly 16%, with EBITDA margins improving to 17.5%, signaling operational efficiencies even amid an evolving macro environment.
The company declared an interim dividend of Rs 4 per share, with the record date set for July 31, 2025, reflecting its steady capital return policy despite the figure being lower than larger peers such as TCS and HCLTech. The company’s order momentum remained strong during the quarter, with a total contract value intake of $507 million. Its next twelve-month executable order book surged by 46.9% year-on-year to touch $1.55 billion, driven by the closure of five large deals across North America, the UK, and APAC. Coforge also announced the acquisition of Artexmind SA, allowing it to expand operations into a new geography efficiently while retaining agility in execution.
In a competitive IT services landscape, Coforge’s people metrics stood out, with its headcount crossing 34,000 after adding 1,164 employees during the quarter. The company reported an attrition rate of just 11.3%, among the lowest in the Indian IT sector, outperforming peers like TCS, HCLTech, and Wipro, indicating strong employee retention and stability in delivery capabilities.
Coforge continued to expand its artificial intelligence capabilities, launching AgentSphere, a suite of over 100 AI-powered foundational agents for industries like travel, financial services, and healthcare, while introducing Forge-X, an AI-powered delivery platform designed to accelerate application development and modernization efforts. Its partnership with Zscaler to offer Secure Access 360 on Microsoft Azure Marketplace further strengthened its cloud and security portfolio, aligning with clients' digital transformation needs.
With a strong order pipeline, low attrition, and a clear AI-led growth strategy, Coforge is positioning itself for another year of sustained, industry-leading performance as it aims to deliver its ninth consecutive year of robust growth.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Please consult a qualified professional before making financial decisions.
