Coforge Q2 Revenue Surges 54% to ₹6,171 Cr on AI Demand

23 Oct 2026, 11:30 pm · 2h ago · 1 min read · Analytics India MagazineNew

IT services firm Coforge reported a 53.6% year-on-year increase in consolidated revenue to ₹6,170.8 crore for Q2 FY27, buoyed by Encora's integration and growing enterprise demand for AI-led engineering. Sequentially, revenue rose 11.6% while net profit increased 13.4% to ₹588.1 crore. Coforge bagged $1.04 billion in quarterly order intake and closed eight large deals, pushing its 12-month executable order book to $2.38 billion. Consequently, the company raised its FY27 EBIT margin guidance to 16%. It also plans to establish US-based Momentuum Blue to build a specialized pool of Forward Deployed Engineers.