Coforge Q4 Results: IT firm’s profit surges 145% QoQ, revenue up 5% — Check full earnings details

Coforge Limited on Tuesday reported its quarterly results, showing growth in revenue and profit. On a quarter-on-quarter basis, revenue from operations increased 5.2 per cent to Rs 4,450.4 crore from Rs 4,231.5 crore. Net profit rose to Rs 612.3 crore from Rs 250.2 crore, up 144.6 per cent.

Revenue from operations increased to Rs 4,450.4 crore from Rs 3,422.2 crore, up 30.1 per cent year-on-year. Total revenue stood at Rs 4,472.5 crore compared with Rs 3,453.7 crore, a rise of 29.5 per cent. Total expenses increased to Rs 3,793.9 crore from Rs 3,060.4 crore, up 24 per cent.

Net profit attributable to owners of the company rose to Rs 612.3 crore from Rs 261.2 crore, up 134.3 per cent.

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Full-year FY26 performance

For FY26, Coforge reported revenue growth of 29.2 per cent year-on-year in dollar terms and 35.9 per cent in rupee terms to about Rs 1,64,207 crore equivalent. EBITDA rose 76.9 per cent to about Rs 30,464 crore, with margin expansion of 431 basis points.

EBIT increased 82.7 per cent to about Rs 23,645 crore, with margins at 14.4 per cent. Net profit rose 91.6 per cent to about Rs 15,557 crore.

The company said performance during the year was supported by operational efficiencies and execution.

Order book and client performance

Coforge reported an executable order book of about USD 1.75 billion for the next 12 months, up 16.4 per cent year-on-year. Order intake for Q4 stood at USD 648 million, including five large deals.

Top 10 clients contributed 31.4 per cent of Q4 revenue and 30.8 per cent of FY26 revenue. The top 10 client revenue grew 40.4 per cent. Top 5 accounts contributed 21.8 per cent of Q4 revenue and 21 per cent of FY26 revenue, with growth of 45.8 per cent. Repeat business ratio stood at 95.5 per cent.

Headcount, utilisation and attrition

Total headcount stood at 35,777, with a net addition of 2,754 employees year-on-year and 436 sequentially. IT billable headcount increased by 1,994, while BPS billable rose by 761. Attrition for the last twelve months stood at 10.8 per cent, excluding BPS.

Utilisation, including trainees, stood at 82.5 per cent. Revenue per employee on an annualised basis stood at USD 71.8 thousand.

Corporate updates and outlook

The company said its board has fixed May 16, 2026, as the record date for determining the eligibility of Cigniti shareholders under the scheme of amalgamation in the share exchange ratio of 1:1.

The dividend proposal was deferred by the board to the next meeting. Coforge said it expects strong revenue growth in FY27 and plans to deliver EBITDA margins of more than 20.5 per cent on a consolidated basis.