Coforge: Latest Updates

Financial Performance (Q4 & FY26) Surge in Profitability: In results released on May 5, 2026, Coforge reported a consolidated net profit of ₹612.3 crore for Q4 FY26, more than doubling (+144.8%) on a sequential basis. Annual Growth: For the full fiscal year 2026, revenue reached ₹16,420.7 crore, representing a 35.9% year-on-year increase. The company achieved an annual PAT of ₹1,555.7 crore. Margin Expansion: EBIT margins expanded significantly by 370 basis points to reach 14.4% for the full year, driven by operational efficiencies and high-margin AI-led services. Major Acquisitions and MergersCigniti Technologies Merger: The merger with Cigniti Technologies became officially effective on May 5, 2026. Following NCLT approval, Cigniti has been dissolved, and its operations are now fully integrated into Coforge. Shareholders will receive new shares at a 1:1 exchange ratio (following previous stock splits). Encora Acquisition: The company successfully closed its $2.5 billion acquisition of Encora. This strategic move is expected to significantly boost Coforge’s capabilities in digital engineering and expand its presence in the US Midwest and Western regions. Operational and Business Highlights Strong Order Book: Coforge entered the new fiscal year (FY27) with an executable order book of $1.75 billion over the next 12 months, a 16.4% increase from the previous year. New AI Solutions: The company unveiled two new AI-native solutions, ***** and ***** specifically designed to enhance customer experience within the airline industry. Workforce Growth: As of March 31, 2026, the total headcount stood at 35,777, with a trailing twelve-month (LTM) attrition rate of 10.8%.