Coforge Reports Over Two-Fold Increase in Q4 Net Profit to ₹612 Crore
Coforge Q4 PAT soars over two-fold to Rs 612 cr
Business Standard
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Coforge, a global technology services provider, reported a 144.72% increase in consolidated net profit to ₹612.3 crore for Q4 FY26, driven by a 5.17% rise in revenue from operations to ₹4,450.4 crore. The company anticipates robust growth in FY27, with an order executable of $1.75 billion.
- 01Coforge's Q4 FY26 net profit surged by 144.72% to ₹612.3 crore.
- 02Revenue from operations increased by 5.17% to ₹4,450.4 crore.
- 03The company signed five large deals, with an order intake of $648 million.
- 04Coforge's full-year net profit for FY26 rose by 91.57% to ₹1,555.7 crore.
- 05CEO Sudhir Singh expressed confidence in delivering strong revenue growth in FY27.
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Coforge, a global technology services and solutions provider, reported a remarkable 144.72% increase in consolidated net profit for Q4 FY26, reaching ₹612.3 crore. This growth was supported by a 5.17% rise in revenue from operations, amounting to ₹4,450.4 crore. Year-on-year, the net profit surged 134.42%, while revenue also saw a 5.17% increase. Profit before exceptional items and tax stood at ₹678.6 crore, reflecting a 27.6% quarter-on-quarter increase and 72.54% year-on-year growth. The company reported exceptional items of ₹53.6 crore during the quarter. Furthermore, EBITDA rose 18.5% quarter-on-quarter to ₹916.8 crore, with an EBITDA margin of 20.6%. In dollar terms, revenue increased by 1.7%, and in constant currency terms, it grew by 2%. The company also experienced a net addition of 436 employees, bringing the total headcount to 35,777. For the full fiscal year, Coforge's consolidated net profit jumped 91.57% to ₹1,555.7 crore, with a 35.86% rise in revenue from operations to ₹16,402.7 crore. CEO Sudhir Singh highlighted the company's strong performance and expressed optimism for FY27, aiming for an EBITDA exceeding 20.5%. Additionally, the board set May 16, 2026, as the record date for the amalgamation with Cigniti Technologies, allowing eligible shareholders to receive equity shares in a 1:1 exchange ratio.
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