Coforge Q2 FY26 Results – Revenue, Profit, and EPS Highlights

Coforge Ltd., a leading global IT services and digital solutions provider, announced its Q2 FY2026 (July–September 2025) financial results on October 24, 2025, delivering strong revenue growth, margin expansion, and record deal wins during the quarter. The performance reflects Coforge’s continued growth momentum, driven by its strategic focus on cloud, artificial intelligence (AI), data, and automation services across key verticals such as BFSI, travel, and healthcare.

With a robust order book and increasing client demand for digital transformation solutions, Coforge remains well-positioned to sustain its growth trajectory in the coming quarters.

In this article, we’ll break down Coforge Ltd.’s Q2 FY2026 results, highlighting its key financial metrics, deal pipeline, and management outlook.

Key Highlights

Metric	Q2 FY26	Q2 FY25	YoY Growth
Revenue from Operations	₹3,985.7 crore	₹3,025.6 crore	+31.4%
Net Profit	₹375.8 crore	₹202.1 crore	+85.9%
EBITDA (Estimated)	₹561 crore	₹405 crore*	+38.5%*
EPS (Basic)	₹61.2*	₹33.2*	+84%*

*Approximate based on reported profit and share base.

Coforge also reported 8.1% sequential revenue growth (QoQ) and 250 basis points EBIT margin expansion, reflecting operational efficiency and favorable project mix.

Management Commentary

Sudhir Singh, CEO of Coforge, stated:

“This was a milestone quarter for Coforge with strong sequential revenue growth, robust order intake, and significant margin improvement. Our $1.63 billion 12-month executable order book and continued traction across AI, cloud, and automation solutions reaffirm our growth strategy.”

The management highlighted that 10 large deals were signed during H1 FY26, contributing to a $514 million order intake this quarter — one of the company’s strongest booking performances to date.

Segment Performance

• BFSI (Banking, Financial Services & Insurance):
  Continued as the top contributor, driven by cloud migration and digital transformation programs in North America and Europe.
• Travel & Hospitality:
  Rebounded strongly, supported by automation and analytics-led transformation deals.
• Healthcare & Life Sciences:
  Posted double-digit growth as clients accelerated digital initiatives.
• Digital & Cloud Services:
  Now accounts for over 60% of revenue, emphasizing Coforge’s pivot toward next-gen IT services.

Market Reaction

Following the announcement, Coforge’s shares closed at ₹1,759.50, up 0.26% on October 24, 2025. The muted stock movement reflected that strong results were largely priced in, but analysts maintained a positive medium-term outlook given the company’s margin recovery and robust deal wins.

Peer Comparison

Compared to major peers like LTIMindtree, Persistent Systems, and Mphasis, Coforge outperformed in YoY revenue and profit growth. While larger IT firms such as Infosys and TCS reported mid-single-digit growth, Coforge’s 31% revenue surge highlights its superior execution and domain-focused strategy.

Future Outlook

Analysts remain bullish on Coforge’s growth prospects for FY26–27, citing:

• A $1.63 billion executable order book, up 26.7% YoY, ensuring revenue visibility.
• Focus on AI, cloud, and data engineering to drive digital transformation across key clients.
• Margin improvement from offshore delivery optimization and operating leverage.
• Strong cash flows supporting dividends and strategic investments.

With continued deal momentum and expanding digital capabilities, Coforge is well-positioned to sustain double-digit revenue growth and maintain healthy profitability through FY26.

FAQs

Conclusion

Coforge delivered a stellar Q2 FY26 performance, reaffirming its position as one of India’s fastest-growing mid-tier IT firms. With strong deal momentum, expanding digital capabilities, and consistent execution, the company remains well-poised for continued growth and value creation in FY26 and beyond.

Sources: Coforge Investor Presentation