Coforge Q2 FY26 Results: Revenue Up 31.7% YoY, Margins Expand, And Interim Dividend Announced

New Delhi, 24 October 2025: Coforge Limited (NSE: COFORGE, BSE: 532541) reported its financial results for the quarter ended September 30, 2025, demonstrating broad-based growth and strong execution despite ongoing macroeconomic challenges. The company posted revenues of ₹3,985.7 crore, up 31.7% YoY, while profit after tax (PAT) surged 86% YoY to ₹375.8 crore.

Organic revenue growth stood at 8.1%, driven by ongoing deal momentum and expansion across key verticals. On a YoY basis, revenue increased 26.6%, and on a QoQ basis, it rose 4.5%, totaling $462.1 million.

Reflecting market confidence in its performance, Coforge’s shares closed at ₹1,760, up ₹5.30 (0.30%) from the previous close of ₹1,754.70. The stock movement highlights investor optimism following strong financial results and dividend announcements.

Operational Strength Indicated By Margin Expansion

The company reported strong margin growth in the quarter. EBIT rose 59.1% YoY to ₹556.3 crore, with the EBIT margin improving 251 basis points QoQ to 14%. Meanwhile, the EBITDA margin increased to 18.3% from 17.1% in the previous quarter, reflecting effective cost control and efficient project management.

Sector-Wise Performance Highlights

Coforge’s diversified portfolio supported its robust performance. The Banking and Financial Services (BFS) vertical contributed 27.6% of total revenue, while the Insurance vertical accounted for 15.1%. The Travel, Transportation, and Hospitality (TTH) vertical grew an impressive 60.8% YoY, contributing 23.3% to total revenue. Other sectors, including healthcare, retail, and manufacturing, also recorded steady growth, reflecting broad-based demand recovery across the business.

Geographic Expansion Momentum

The Americas accounted for 57.9% of total revenue, EMEA for 28.9%, and the Rest of the World for 13.2%. The geographic distribution highlights Coforge’s global presence and steady performance across geographies, despite prevailing macroeconomic challenges.

Active Order Book And Deal Pipeline Remains Robust

Coforge recorded order intake of $514 million in Q2 FY26, following multiple large deal wins in North America and Asia Pacific. The executable order book increased by 26.7% YoY to $1.63 billion, providing strong visibility over the next 12 months. Management noted that this growth is a sign of continuing demand for digital transformation and technology modernization services.

Dividend Declaration And Financial Stability

The Board of Directors declared an interim dividend of ₹4 per share with the record date of October 31, 2025. The company’s strength was reflected in the balance sheet, with strong cash flow and healthy liquidity allowing flexibility in future investments and returns to shareholders.

Outlook

Coforge believes it can maintain its current growth momentum in FY26 by leveraging its robust order book, accelerating digitalization, and continuing to expand margins. With a well-spread client base and efficient operations, it can continue to generate profits in anticipation of the quarters ahead.

REF: https://nsearchives.nseindia.com/corporate/COFORGE_24102025160014_PR_Intimation_oct24.pdf

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