Coforge Limited latest updates

Q1 FY27 Financial Performance & Profit Surge In its financial results released on July 27, 2026, Coforge reported a 49.2% year-on-year surge in consolidated operational revenue to ₹5,527.70 crore ($592.2 million) for the first quarter ended June 30, 2026. Consolidated Net Profit (PAT) more than doubled, jumping 110% YoY to ₹518.60 crore. EBITDA margins expanded 285 basis points YoY to 20.3%, with EBIT margin climbing to 16.0%. Encora Acquisition Consolidation & Revenue Drivers The quarterly top-line expansion was significantly aided by the operational consolidation of software engineering firm Encora (effective May 1, 2026), which contributed $100.7 million to total quarterly revenue. Excluding planned portfolio exits—such as a $15 million low-margin Indian government project and a $4 million data center asset sale—organic sequential revenue grew 5.2% in constant currency terms. Record Order Book & Deal Intake Coforge secured fresh order wins worth $691 million in Total Contract Value (TCV) during Q1 FY27, which included four large deal wins across North America, Europe, and Latin America. The company's executable 12-month signed order book hit an all-time high of $2.23 billion (+44.2% YoY), providing elevated revenue visibility for the remainder of FY27. Interim Dividend & Shareholder Record Date The Board of Directors declared an interim dividend of ₹4.00 per equity share (40% on face value) for FY27. The company set Monday, August 3, 2026, as the formal record date to determine shareholder entitlement, with payout scheduled within statutory timelines. Workforce Scaling & AI Integration Following the Encora integration, total enterprise headcount expanded to 46,228 employees, with organic net hiring adding 1,195 professionals during the quarter. Voluntary attrition moderated to 10.4%, while employee utilization stood at 82.5%. Management highlighted that 86% of total company revenues are now anchored in AI-led engineering, cloud, and data services.