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25. July 2025
The Indian IT services market has been experiencing significant growth in recent years, with mid-sized firms like Coforge leading the charge. The company’s latest first-quarter results are no exception, boasting a 56.5% year-on-year revenue growth in rupee terms and 54.5% in dollar terms. This impressive performance has reaffirmed Coforge’s position as a major player in the industry, with its AI-powered platforms and continued pipeline momentum driving growth.
Coforge’s revenue for the quarter stood at ₹3,689 crore ($442 million), representing a significant increase from the same period last year. Sequentially, revenues rose by 8.2% in rupee terms and 9.6% in USD. This growth is a testament to the company’s ability to adapt to changing market conditions and capitalize on emerging trends.
The company’s profit after tax stood at ₹317 crore, registering a substantial increase of 138.4% compared to the same period last year and 21.5% higher than the previous quarter. This impressive financial performance is a direct result of Coforge’s strategic focus on AI-powered solutions and its commitment to delivering high-quality services to its clients.
Coforge’s CEO and executive director Sudhir Singh expressed his confidence in the company’s ability to sustain strong growth, citing several key indicators that point to an exceptional fiscal 2026. These include a next twelve-month signed order book that is 46% higher YoY, a robust large deal pipeline, and a pathway to 14% EBIT (earnings before interest and taxes) in FY'26.
Singh also highlighted the significance of AI as a transformation lever, stating that the company remains committed to sustaining an execution intensity that is uniquely its own. This focus on innovation and delivery has enabled Coforge to achieve sustained and robust growth for the ninth consecutive year.
In terms of deal signings, Coforge announced five large deals across key markets including North America, the UK, and APAC. These deals demonstrate the company’s ability to compete with larger players in the industry while expanding its presence in emerging markets. The company added 1,164 new employees sequentially, bringing its headcount to 34,187, despite a steady attrition rate of 11.3%.
Innovation has been at the forefront of Coforge’s growth plan, with the company launching several key initiatives in Q1 FY26. One notable example is AgentSphere, a platform featuring over 100 foundational agents designed to address specific pain points across industries such as travel, financial services, and healthcare. This platform demonstrates Coforge’s commitment to developing AI-powered solutions that drive business value for its clients.
Another significant innovation launched by Coforge is Forge-X, an AI-powered delivery platform aimed at accelerating and streamlining application development and modernisation across client portfolios. This platform leverages the company’s expertise in AI and IT to provide high-quality services that meet the evolving needs of clients.
Coforge’s growth trajectory has been steadily building over the past few quarters, with AI playing a central role in its strategy. In Q4 FY25, revenue stood at INR 3,409.9 crore ($403.5 million), up 32% YoY. This strong performance sets the stage for Coforge to continue its growth momentum in fiscal 2026.
Coforge’s commitment to innovation, delivery, and AI-powered solutions will be key drivers of growth and success as the industry moves forward. With a strong pipeline momentum and a clear vision for the future, Coforge is well-positioned to continue its growth trajectory and cement its position as a major player in the Indian IT services market.
The company’s focus on innovation has enabled it to stay ahead of the curve, with AI-powered platforms and solutions driving business value for clients. As Coforge looks to achieve an exceptional fiscal 2026, it remains confident in its ability to deliver sustained growth and success, with a strong pipeline momentum and a clear vision for the future.
Coforge’s success is a testament to its ability to adapt to changing market conditions and capitalize on emerging trends. With a solid strategy and commitment to innovation, delivery, and AI-powered solutions, Coforge is well-positioned to continue its growth trajectory and cement its position as a major player in the Indian IT services market.
Coforge’s growth momentum is built on several key pillars, including its AI-powered platforms, pipeline momentum, and commitment to delivering high-quality services. As the company looks to achieve an exceptional fiscal 2026, it remains confident in its ability to sustain strong growth while expanding its presence in emerging markets.
The company’s focus on innovation has enabled it to stay ahead of the curve, with solutions that drive business value for clients. Coforge’s pipeline momentum is a key driver of growth, and the company’s commitment to delivering high-quality services ensures that it remains competitive in the market.
Coforge’s success is built on its ability to adapt to changing market conditions and capitalize on emerging trends. The company’s focus on innovation has enabled it to stay ahead of the curve, with solutions that drive business value for clients. With a strong pipeline momentum and a clear vision for the future, Coforge is well-positioned to continue its growth trajectory.
As Coforge looks to achieve an exceptional fiscal 2026, it remains confident in its ability to deliver sustained growth and success. The company’s focus on innovation has enabled it to stay ahead of the curve, with solutions that drive business value for clients. With a strong pipeline momentum and a clear vision for the future, Coforge is well-positioned to continue its growth trajectory.
Coforge’s commitment to delivering high-quality services ensures that it remains competitive in the market. The company’s focus on innovation has enabled it to stay ahead of the curve, with solutions that drive business value for clients. With a strong pipeline momentum and a clear vision for the future, Coforge is well-positioned to continue its growth trajectory.
The Indian IT services market continues to evolve, with mid-sized firms like Coforge leading the charge. As the industry moves forward, Coforge’s commitment to innovation, delivery, and AI-powered solutions will be key drivers of growth and success. With a strong pipeline momentum and a clear vision for the future, Coforge is well-positioned to continue its growth trajectory and cement its position as a major player in the Indian IT services market.
Coforge has demonstrated its ability to adapt to changing market conditions and capitalize on emerging trends. The company’s focus on innovation has enabled it to stay ahead of the curve, with solutions that drive business value for clients. With a strong pipeline momentum and a clear vision for the future, Coforge is well-positioned to continue its growth trajectory.
The company’s success is built on its ability to deliver high-quality services while expanding its presence in emerging markets. As Coforge looks to achieve an exceptional fiscal 2026, it remains confident in its ability to sustain strong growth and success, with a solid strategy and commitment to innovation, delivery, and AI-powered solutions.
Coforge’s pipeline momentum is a key driver of growth, and the company’s focus on delivering high-quality services ensures that it remains competitive in the market. With a clear vision for the future, Coforge is well-positioned to continue its growth trajectory and cement its position as a major player in the Indian IT services market.
The company’s commitment to innovation has enabled it to stay ahead of the curve, with solutions that drive business value for clients. As Coforge looks to achieve an exceptional fiscal 2026, it remains confident in its ability to deliver sustained growth and success.
Coforge’s growth momentum is built on several key pillars, including its AI-powered platforms, pipeline momentum, and commitment to delivering high-quality services. The company has demonstrated its ability to adapt to changing market conditions and capitalize on emerging trends, with a solid strategy and commitment to innovation, delivery, and AI-powered solutions.