Coforge Shares Jump 10% Following Strong Q4 Earnings Report
Coforge shares surge 10% after strong Q4 show
The Economic TimesImage: The Economic Times
Coforge, an IT services firm, saw its shares rise by 10% to ₹1,285 after reporting a 134% year-on-year profit increase to ₹612.3 crore for Q4FY26. The company also announced strong revenue growth and an executable order book of $1.75 billion, indicating positive momentum heading into FY27.
- 01Coforge's profit surged 134% year-on-year to ₹612.3 crore in Q4FY26.
- 02Revenue from operations rose 30% year-on-year to ₹4,450.4 crore.
- 03The company reported an executable order book of $1.75 billion for FY27.
- 04Coforge's EBITDA increased 56.2% year-on-year to ₹9,168 million.
- 05The firm added 436 employees in the last quarter, bringing total headcount to 35,777.
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Coforge, an IT services company, experienced a 10% surge in its stock price, reaching ₹1,285 after announcing impressive financial results for the March-ended quarter (Q4FY26). The company's profit soared 134% year-on-year to ₹612.3 crore, compared to ₹261.2 crore in the same quarter last year. Sequentially, profit increased by 145% from ₹250 crore. Revenue from operations also saw a significant rise, climbing 30% year-on-year to ₹4,450.4 crore, with a 5% increase from the previous quarter. The growth in revenue was reflected in various metrics, including a 28.7% rise in constant currency terms and a 21.2% increase in US dollar terms. For FY26, Coforge reported total revenue of ₹1,64,207 million (approximately $1.87 billion), marking a 35.9% increase year-on-year. EBITDA for the quarter stood at ₹9,168 million (around $100.8 million), showing a year-on-year growth of 56.2%. The company also highlighted a strong order intake of $648 million and an executable order book for the next year valued at $1.75 billion, indicating robust future growth potential. Coforge's CEO, Sudhir Singh, expressed optimism about continuing this momentum into FY27, with expectations of maintaining EBITDA margins above 20.5%.
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Coforge's strong financial performance and order book growth may lead to increased hiring and investment in technology, positively impacting the local job market and economy.
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More about Coforge
Coforge Shares Surge 10% on Strong Q4 Results; Analysts Predict Up to 47% Upside
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Coforge Reports Over Two-Fold Increase in Q4 Net Profit to ₹612 Crore
Business Standard • May 5, 2026
Coforge Reports Strong Q4 Growth with Profit Doubling to ₹612 Crore
The Economic Times • May 5, 2026
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