Coforge Posts 54% Revenue Surge in Q2 Citing AI-Driven Margins

3 Nov 2026, 7:00 pm · 3h ago · 1 min read · Analytics India MagazineNew

Indian IT services firm Coforge reported a 53.6% year-on-year rise in Q2 FY27 revenue to ₹6,170 crore, alongside quarterly order intake of $1.04 billion. The company also upgraded its full-year EBIT margin guidance from 15.5% to 16%. The quarterly performance incorporated its first full reporting period following the April 23 acquisition of digital engineering firm Encora, which contributed to constant-currency sequential growth alongside 3.8% organic growth. CEO Sudhir Singh highlighted widespread artificial intelligence adoption across operations as a pivotal tipping point, asserting that internal AI deployment is enabling revenue expansion without proportional increases in underlying operational costs.