Coforge Ltd, a leading mid-tier IT services company, delivered an impressive performance in the second quarter of FY26 on October 24, 2025. The firm’s consolidated net profit rose sharply by 86% year-on-year to ₹376 crore, compared to ₹202 crore in the same period last year. This robust growth was fuelled by solid operational performance, sustained client spending, and steady order inflows across key verticals.
Revenue Growth and Operational Highlights
During the July–September quarter, Coforge’s revenue from operations stood at ₹3,986 crore, marking a 32% year-on-year increase from ₹3,026 crore in Q2 FY25. Sequentially, the top line saw an 8% quarter-on-quarter improvement, while profit after tax (PAT) grew 18% on the same basis.
In dollar terms, revenue reached $462 million, reflecting a 4.5% QoQ growth and 6% rise in constant currency terms. The company also declared an interim dividend of ₹4 per share, with 31 October 2025 as the record date.
Coforge’s EBITDA stood at ₹728 crore, up 15.3% sequentially and 48% YoY, while the EBITDA margin expanded to 18.3%, an improvement of 115 basis points QoQ and 199 basis points YoY.
Strong Order Pipeline and Client Wins
The company reported an order intake of $514 million during the quarter, with five large deals signed across geographies and sectors. The order book executable over the next 12 months stood at $1.63 billion, representing a 26.7% YoY growth — a strong indicator of sustained business visibility.
Coforge also added nine new client logos during the quarter, reflecting the strength of its sales execution and expanding global footprint. Its attrition rate stood at 11.4%, among the lowest in the IT services industry, highlighting stable workforce management.
Industry Context and Market Outlook
Coforge’s strong showing comes amid a recovery phase for India’s IT services sector. Larger peers such as Tata Consultancy Services (TCS), Infosys, and Wipro have also reported better-than-expected revenue growth, signalling improving global demand.
The company’s performance was supported by clients’ renewed focus on AI-driven solutions, digital transformation projects, and the ongoing realisation from its $1.5 billion deal with US client Sabre. Analysts view these factors as key contributors to Coforge’s continued expansion and competitive edge in the mid-tier IT services segment.
Conclusion
Coforge’s Q2 FY26 results underscore its strong business fundamentals, operational excellence, and client-centric strategy. The company’s 86% profit surge, 32% revenue growth, and expanding order pipeline highlight a period of significant momentum. With consistent deal wins, digital innovation, and low attrition, Coforge is well-positioned to continue delivering sustained, profitable growth in the quarters ahead.
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