Coforge Limited reported a consolidated net profit (PAT) of ₹5,186 Mn for the quarter ended June 30, 2026, marking a 110% year-on-year increase from ₹2,472 Mn in Q1FY26. The AI-native engineering services leader also declared an interim dividend of ₹4 per equity share, fixing August 03, 2026, as the record date for shareholder eligibility. This strong performance underscores the company’s operational leverage, with revenue surging 49% YoY to ₹55,277 Mn, supported by robust demand in AI-led engineering and data services.

The Board of Directors approved the payout during its meeting on July 27, 2026, alongside the unaudited financial results for the quarter. The results were issued with unmodified Limited Review Reports by statutory auditor S R Batliboi & Associates LLP. The dividend payment will be made within 30 days from the date of declaration. The meeting commenced at 07:00 PM IST and concluded at 11:05 PM IST.

Consolidated Financial Performance

Coforge’s consolidated revenue from operations rose to ₹55,277 Mn in Q1FY27, up from ₹44,504 Mn in Q4FY26 and ₹37,044 Mn in Q1FY26. Profit before tax stood at ₹7,021 Mn, compared to ₹6,250 Mn in the preceding quarter and ₹3,654 Mn in the corresponding quarter of the previous year. EBITDA reached ₹11,233 Mn, an increase of 74% YoY, with the margin expanding by 285 basis points to 20.3%.

Key consolidated metrics are summarized below (₹ in Mn):

Segment-Wise Performance

The Americas segment led revenue growth, contributing ₹34,178 Mn in Q1FY27, followed by Europe, Middle East and Africa (EMEA) at ₹14,924 Mn, and Rest of World (ROW) at ₹6,175 Mn. Segment-wise EBIT details (₹ in Mn):

Standalone Results and Encora Impact

Standalone revenue reached ₹30,804 Mn, up from ₹26,581 Mn in Q4FY26 and ₹20,459 Mn in Q1FY26. Standalone profit was ₹2,046 Mn. The consolidated results include ₹9,579 Mn in revenue and ₹1,578 Mn in profit after tax from Encora for the post-acquisition period. Amortisation of intangible assets from the Encora business combination amounted to ₹633 Mn.

A net exceptional expense of ₹550 Mn was recognised, comprising ₹613 Mn in acquisition and integration costs related to Encora, ₹50 Mn in legal costs for cybersecurity litigation, a ₹221 Mn foreign exchange gain from Bolivian currency devaluation, and a ₹108 Mn provision against a bankrupt customer’s receivable.

Corporate Developments

The Board approved the re-appointment of OP Bhatt as Independent Director and Chairperson for a second term from May 01, 2027, to April 30, 2032, subject to shareholder approval. Additionally, the Board in-principally approved setting up an entity in China for operational expansion. On June 3, 2026, 12,671,602 equity shares were allotted to Cigniti shareholders following their merger with Coforge.

Coforge witnessed two significant block trades on the National Stock Exchange (NSE), reflecting substantial institutional-level activity in the stock. The two transactions collectively involved approximately 1,057,045 shares and a combined value exceeding ₹160 crores.

NSE Block Trade Details

The following table summarises the key details of both block trade transactions recorded on the NSE:

Transaction Overview

The first block trade was executed for approximately 402,697 shares at a price of ₹1518.00 per share, amounting to ₹61.13 crores. The second, and larger, block trade involved approximately 654,348 shares transacted at ₹1519.00 per share, valued at ₹99.40 crores. Both trades were recorded on the NSE, with the per-share price differing by ₹1.00 between the two transactions. Block trades of this scale are typically associated with institutional investors or large stakeholders executing bulk orders outside the regular market mechanism.