Editorial illustration for Coforge Sees 31% YoY Growth, Logs Rs 3,986 Cr Revenue in Strong Q2
Coforge Logs 31% Growth, Reaches Rs 3,986 Cr in Q2 Revenue
Coforge posts ₹3,986 cr revenue, up 31% YoY and 8.1% QoQ in Q2
In the competitive world of global technology services, Coforge is proving it's not just another player, it's a rising force. The Indian IT services company is turning heads with its strong financial performance, signaling strong momentum in a challenging market landscape.
Recent quarterly results reveal a company firing on all cylinders. Investors and industry watchers are taking notice of Coforge's consistent growth trajectory, which suggests the firm is successfully navigating complex digital transformation challenges.
The numbers tell a compelling story of strategic execution. With technology spending becoming increasingly selective, Coforge's ability to deliver double-digit expansion speaks volumes about its market positioning and client trust.
But beyond the percentages and rupee figures lies a deeper narrative of technological adaptation. How is Coforge achieving these impressive growth rates when many tech firms are struggling? The company's Q2 financial report promises insights into a strategy that's clearly working.
Coforge has reported another stellar quarter of growth with revenue of ₹3,986 crore for Q2, marking an 8.1% increase quarter-on-quarter (QoQ), and 31% year-on-year (YoY). This also follows a strong Q1 performance where revenue reached ₹3,689 crore with an EBITDA margin of 17.5%. Profit after tax for Q2 rose to ₹376 crore, up 18.4% sequentially and 86% year-on-year, despite increase in expenses.
The company’s EBIT margin expanded significantly to 14%, up 251 basis points sequentially, while EBITDA margin stood at 18.3%, up 115 basis points quarter-on-quarter. Sudhir Singh, CEO and executive director of Coforge, emphasised the company’s ongoing commitment to achieving the ninth consecutive year of sustained and robust growth despite uncertain macroeconomic conditions. Coforge recorded order intake of $514 million during Q2, with the executable order book over the next twelve months standing at $1.63 billion, a 26.7% year-on-year increase.
The company signed five large deals during the quarter across North America and APAC, maintaining momentum from Q1 when it also signed five large deals across North America, UK, and APAC with an order intake of $507 million.
Coforge's Q2 performance signals strong momentum in the tech services sector. The company's 31% year-on-year revenue growth and 8.1% sequential increase suggest strong market positioning and client confidence.
Financials paint an impressive picture. Profit after tax surged 86% year-on-year to ₹376 crore, while EBIT margins expanded significantly to 14%, marking a 251 basis point improvement.
Building on a solid Q1 foundation of ₹3,689 crore revenue, Coforge has demonstrated consistent growth and operational efficiency. The latest quarterly results indicate the company's ability to manage expenses while driving top-line expansion.
The tech services landscape continues to evolve, and Coforge appears well-equipped to navigate current market dynamics. Its ability to maintain strong financial metrics amid potential economic uncertainties speaks to the company's strategic approach and operational resilience.
While specific sector breakdowns weren't detailed, the headline numbers suggest Coforge is maintaining a competitive edge in a challenging global business environment.
Further Reading
- Coforge posts robust Q2FY26, revenue up 8.1% QoQ, EBIT margin expands 251 bps sequentially - Coforge
- Coforge Q2 Results: PAT jumps 86% YoY to Rs 376 crore, revenue rises 32% - Economic Times
- Coforge Ltd (BOM:532541) (Q2 2026) Earnings Call Highlights: Strong Revenue Growth and Strategic AI Integration - GuruFocus
- Coforge delivers an exceptional Q2 performance. Revenue up 34.5% YoY, EBITDA up 39.2% YoY - Coforge
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Common Questions Answered
How much revenue did Coforge report in Q2, and what was its year-on-year growth?
Coforge reported revenue of ₹3,986 crore in Q2, representing a significant 31% year-on-year growth. This performance demonstrates the company's strong market positioning and ability to expand in a challenging technology services landscape.
What was Coforge's profit after tax performance in Q2, and how did it compare to previous periods?
Coforge's profit after tax in Q2 rose to ₹376 crore, which is an impressive 86% increase year-on-year and 18.4% increase sequentially. This substantial growth reflects the company's operational efficiency and strong financial management.
How did Coforge's EBIT margin change in Q2, and what does this indicate about the company's performance?
Coforge's EBIT margin expanded significantly to 14%, representing a 251 basis point improvement from the previous quarter. This margin expansion suggests the company is effectively managing costs and improving operational efficiency in the competitive IT services sector.