Coforge Limited, a prominent AI-native engineering services firm, has announced impressive financial results for the quarter ending 30th September 2026. The company reported a significant year-on-year revenue increase of 53.6% in INR terms, amounting to INR 61,708 million (USD 652.2 million), and a 40.1% rise in USD terms. This robust performance underscores Coforge’s strategic growth initiatives and its strong position in the global market.
The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at INR 12,697 million (USD 134 million), marking a 67.3% increase in INR terms and a 52.6% rise in USD terms. The EBITDA margin improved by 168 basis points year-on-year to 20.6%. Additionally, the earnings before interest and taxes (EBIT) reached INR 9,847 million (USD 104 million), reflecting a 67.8% growth in INR terms and a 53% increase in USD terms, with an EBIT margin of 16.0%, up by 134 basis points from the previous year.
Coforge’s net profit after tax (PAT) was reported at INR 5,881 million (USD 62 million), showing a 56.5% rise in INR terms and a 42.7% increase in USD terms. The company has also raised its EBIT margin guidance for the fiscal year 2027 to 16%, up from the previous 15.5%, with expectations to further enhance the margin to 17% next year. This optimistic outlook is supported by a strong order intake of over USD 1 billion and an order book for the next 12 months valued at USD 2.38 billion, a 45% year-on-year increase.
Coforge’s strategic initiatives, such as the signing of eight large deals across North America, Europe, and Australia, and the expansion of its Kraków Engineering Centre in Poland, have been pivotal in driving its growth. The firm has also launched innovative solutions like Momentuum Blue and CXNova, enhancing its service offerings. Recognised as a leader in multiple industry segments, Coforge continues to strengthen its market position.
Analysts view Coforge’s performance as a testament to its effective strategy and operational excellence, positioning it as a potential industry growth leader for the third consecutive year. The company’s focus on AI-driven solutions and strategic partnerships is expected to sustain its growth momentum in the competitive IT services sector.
