Coforge Q4 Results: Profit more than doubles to Rs 612 crore on robust deal wins

Indian IT services provider Coforge fourth-quarter profit more than doubled, the firm reported on Tuesday, helped by a rise in order intake and revenue.

Consolidated net profit rose 134.4% to 6.12 billion rupees ($64.23 million) in the quarter ended March 31, ‌from 2.61 billion ⁠rupees a ⁠year earlier.

Revenue rose 30% to 44.50 billion rupees, driven by stronger performance in the Americas region.


Order intake for the quarter was $648 million, up 9.3% sequentially, including five new deals signed during the period.

"With an order executable of $1.75 billion, we enter FY27 with strong ⁠momentum and ‌confidence," CEO Sudhir Singh said.

"We expect to deliver robust revenue growth in FY27," he added, ⁠with the company planning to deliver an EBITDA of more than 20.5% on a consolidated basis in FY27.

Coforge shares closed up 1.4% on Tuesday ahead of the results announcement; they have fallen 29.8% since the start of 2026.

In December, Coforge agreed to buy AI firm Encora in a $2.35 ‌billion deal to strengthen AI capabilities and expand in the U.S. and Latin America. The deal was completed on April ⁠23.

CLSA expects the deal to boost AI-led engineering and deliver synergies, while Morgan Stanley sees price as expensive and likely earnings-dilutive.

Analysts expect revenue growth at India's top IT firms to remain muted this fiscal year, as AI-led gains are offset by client spending cuts amid macroeconomic and geopolitical uncertainty.