Coforge Ltd on Tuesday, May 5, reported a strong March quarter performance with the company’s net profit rising 144.8% sequentially to ₹612.3 crore from ₹261.2 crore in the year-ago period, beating the CNBC-TV18 poll estimate of ₹448 crore.
Revenue rose 30% year-on-year to ₹4,450.4 crore from ₹3,422.2 crore, slightly ahead of the forecast of ₹4,418 crore.
In constant currency terms, revenue grew 28.7% YoY, while in dollar terms it increased 21.2% YoY to $489.1 million versus the poll’s projected $489.5 million.
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Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to ₹916.8 crore from ₹586.9 crore a year ago, marking a 56.2% increase. The EBITDA margin stood at 16.6%, ahead of CNBC TV18’s poll of 14.6%. The EBIT figure of ₹736.8 crore also topped expectations of ₹645 crore.
For the full financial year FY26, Coforge reported revenue of ₹16,420.7 crore, compared with ₹12,073.3 crore in FY25, registering a growth of 35.9% year-on-year. Net profit rose to ₹1,555.7 crore from ₹812.1 crore in the previous year.
EBIT for FY26 stood at ₹2,364.5 crore, up from ₹1,294.2 crore in FY25, while EBITDA rose to ₹3,046.4 crore from ₹1,722.9 crore, with margins expanding meaningfully during the year.
Commenting on the performance, CEO and Executive Director Sudhir Singh said, “We delivered strong YoY growth at 29.2% and expanded EBIT margins materially by 370 bps.”
He added that the company enters FY27 with strong momentum and expects to deliver robust growth ahead.
During the quarter, order intake stood at $648 million, with five large deals signed. The executable order book for the next 12 months rose 16.4% year-on-year to $1.75 billion.
Headcount at the end of the quarter stood at 35,777, with a net addition of 436 employees sequentially. Attrition remained low at 10.8% on a trailing twelve-month basis.
Shares of Coforge closed 1.42% higher at ₹1,168 on Tuesday, May 5, ahead of the result announcement. The stock has declined over 29% this year.
(Edited by : Shoma Bhattacharjee)
First Published: May 5, 2026 7:33 PM IST
