Shares of Coforge surged 6.64% to Rs 1,630.20 in Tuesday’s trading session after the IT services firm reported a strong Q1FY27 performance. Net profit jumped 63% YoY, while revenue grew 49%, reflecting strong business momentum and improved operational efficiency. However, profit declined 15% sequentially compared with the previous quarter due to quarterly fluctuations.
Coforge reported revenue from operations of Rs 5,527.7 crore for the quarter ended June 2026, registering a growth of 24% quarter-on-quarter (QoQ) and 49% YoY. The company had reported revenue of Rs 4,450.4 crore in March 2026 and Rs 3,704.4 crore in June 2025. The strong revenue performance was supported by healthy demand across geographies, new deal wins, and continued momentum in AI-led engineering, cloud, and data services.
