Coforge Limited , a leading global IT solutions and services organization, has announced strong financial results for the second quarter, demonstrating significant growth across key metrics. Additionally, the company has obtained approval to wind down two of its subsidiaries in the United Kingdom.

Financial Highlights

Coforge reported impressive year-on-year growth in its Q2 results:

The company's revenue in USD terms stood at $462.10 million, marking a 26.60% increase year-on-year. Notably, Coforge achieved a substantial improvement in its EBIT margin, which expanded by 240 basis points year-on-year to reach 14.00%.

Strong Business Momentum

Coforge continues to demonstrate robust business momentum:

• Order intake for the quarter reached $514 million.
• The order book executable over the next 12 months stood at $1.63 billion, showing a 26.70% year-on-year growth.
• The company secured five large deals during the quarter across North America and APAC regions.

Operational Performance

Coforge's operational metrics also showed positive trends:

• Global headcount increased to 34,896, with a net addition of 709 employees during the quarter.
• The company maintained a low attrition rate of 11.40%, which is among the lowest in the IT services industry.

Dividend Announcement

The Board of Directors has recommended an interim dividend of ₹4.00 per share. The record date for this payout is set for October 31.

Strategic Developments

In a move to optimize its operations, Coforge has obtained approval to wind down two of its subsidiaries located in the United Kingdom. The company is proceeding with the closure process for these UK-based entities. This decision aims to bring synergy in operations and enhance cost efficiency across the company's business in the United Kingdom.

Sector-wise Performance

Coforge's diversified business portfolio showed growth across various sectors:

The Travel, Transportation and Hospitality sector demonstrated particularly strong growth, with a 60.80% year-on-year increase.

Coforge's robust performance in Q2 reflects its strong positioning in the IT services market and its ability to capitalize on growing demand across various sectors. The company's focus on securing large deals, maintaining a healthy order book, and optimizing its operations through strategic decisions like winding down certain subsidiaries bodes well for its future growth prospects.

Coforge Limited , a global digital services and solutions provider, is set to reveal its second quarter results for the fiscal year 2026 on October 24. The company's board of directors will convene to approve the unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2025.

Key Highlights

• Results Announcement Date: October 24, 2025
• Board Meeting Agenda:
  • Approval of Q2 and H1 FY26 financial results
  • Consideration of second interim dividend for FY26
• Earnings Call: Scheduled for 5 p.m. IST on the same day

Financial Performance

Coforge has shown robust growth in its previous quarter:

Company Overview

Coforge is a prominent player in the IT services sector:

• Global Clientele: Serves over 260 clients worldwide
• Workforce: Exceeds 32,000 employees
• Specializations: AI, cloud, data, and automation solutions

Stock Performance

The company's stock has shown mixed performance:

Investors and analysts are awaiting the Q2 results and the potential announcement of a second interim dividend, which could provide insights into the company's financial health and future outlook.