Coforge Reports Strong Q3FY26 Performance with 28.5% Revenue Growth

2 min read     Updated on 22 Jan 2026, 11:39 PM
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Reviewed by
Naman SScanX News Team
Overview

Coforge Limited reported strong Q3FY26 results with consolidated revenue of ₹41,881 million, up 28.5% YoY. Net profit reached ₹2,967 million despite exceptional charges of ₹1,476 million related to Labour Codes impact and acquisition costs. The company announced a major $2.35 billion acquisition of Encora companies and declared a third interim dividend of ₹4 per share. All geographical segments showed growth, with Asia Pacific leading at 75.1% increase.

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*this image is generated using AI for illustrative purposes only.

Coforge Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance across multiple business segments. The IT services company reported significant growth in revenue and maintained healthy profitability despite facing some exceptional charges during the quarter.

Financial Performance Overview

The company's consolidated financial results showed robust growth momentum with total income reaching ₹42,020.00 million for Q3FY26. Revenue from operations stood at ₹41,881.00 million, marking a substantial 28.50% increase from ₹32,581.00 million reported in the corresponding quarter of the previous year.

Financial Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹41,881.00 million ₹32,581.00 million +28.50%
Total Income: ₹42,020.00 million ₹33,119.00 million +26.90%
Net Profit: ₹2,967.00 million ₹2,559.00 million +15.90%
EBITDA: ₹7,302.00 million ₹4,895.00 million +49.20%

Segment-wise Revenue Performance

Coforge's geographical diversification strategy continued to yield positive results across all major markets. The Americas region remained the largest contributor, generating ₹23,773.00 million in revenue for Q3FY26, compared to ₹18,574.00 million in Q3FY25.

Region: Q3FY26 Revenue Q3FY25 Revenue Growth (%)
Americas: ₹23,773.00 million ₹18,574.00 million +28.00%
Europe, Middle East and Africa: ₹11,741.00 million ₹10,732.00 million +9.40%
Asia Pacific: ₹3,652.00 million ₹2,085.00 million +75.10%
India: ₹2,715.00 million ₹1,190.00 million +128.20%

Exceptional Items and Strategic Developments

The quarter included exceptional items totaling ₹1,476.00 million, primarily related to two significant developments. The company recognized ₹1,179.00 million as impact from the newly notified Labour Codes by the Government of India, which affected gratuity and leave liabilities. Additionally, ₹135.00 million was provisioned for legal and professional expenses related to the proposed Encora acquisition.

Exceptional Item: Amount
Labour Codes Impact: ₹1,179.00 million
Encora Acquisition Costs: ₹135.00 million
Legal Costs (Security Incident): ₹162.00 million

Major Acquisition Announcement

During the quarter, the Board approved a significant acquisition agreement for Encora US Holdco, Inc. and Encora Holdings Ltd. for an enterprise value of $2.35 billion. The transaction structure includes $1.89 billion through share swap arrangement and the balance through term loans. The share swap involves issuing 9,37,96,508 fully paid-up equity shares at ₹1,815.91 per share, totaling ₹170,326.00 million in consideration.

Dividend Declaration and Corporate Actions

The Board declared a third interim dividend of ₹4.00 per equity share for FY26, with January 31, 2026 fixed as the record date. The dividend payment will be completed within 30 days of declaration. The company had previously implemented a share subdivision in March 2025, splitting each ₹10 share into five ₹2 shares, with all earnings per share figures adjusted accordingly.

Earnings Per Share and Share Capital

Basic earnings per share for continuing operations stood at ₹7.45 for Q3FY26, compared to ₹6.37 in Q3FY25. The paid-up equity share capital increased to ₹670.00 million from ₹669.00 million, reflecting the exercise of employee stock options during the quarter. A total of 445,748 options were exercised while 374,839 options lapsed, leaving 8,250,172 options outstanding as of December 31, 2025.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+1.11%+0.36%-8.55%-9.96%+2.15%+230.32%
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Coforge Limited Makes Investor Conference Call Transcript Available Following December 26 Board Meeting

1 min read     Updated on 29 Dec 2025, 04:31 PM
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Reviewed by
Ashish TScanX News Team
Overview

Coforge Limited has made available the transcript of its investor conference call held on December 26, 2025, following a board meeting. The disclosure was announced on December 29, 2025, by Company Secretary Barkha Sharma in compliance with SEBI Regulation 30. The transcript is accessible on the company's website under the Analyst/Investor Interaction section, ensuring transparency with stakeholders and fulfilling regulatory obligations for both BSE and NSE listings.

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*this image is generated using AI for illustrative purposes only.

Coforge Limited has announced the availability of its investor conference call transcript following a board meeting held on December 26, 2025. The company has formally notified both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about this disclosure in compliance with regulatory requirements.

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Barkha Sharma signed the disclosure document on December 29, 2025, ensuring timely compliance with listing obligations.

Exchange Details: Information
BSE Scrip Code: 532541
NSE Symbol: COFORGE
Equity ISIN: INE591G01025
Disclosure Date: December 29, 2025

Transcript Availability

The investor conference call transcript is now accessible on the company's official website under the "Analyst/Investor Interaction" section. Stakeholders can access the document through the provided link at https://www.coforge.com/investors/disclosure-under-listing-regulations .

Corporate Information

Coforge Limited operates from multiple locations with its registered office situated in the Special Economic Zone, Plot No. TZ-2 & 2A, Sector - Tech Zone, Greater Noida, Uttar Pradesh. The company maintains additional facilities in Gurugram, Haryana, and can be reached through various communication channels for investor relations and secretarial matters.

This disclosure demonstrates the company's commitment to maintaining transparency with its stakeholders and ensuring compliance with regulatory frameworks governing listed entities in India.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+1.11%+0.36%-8.55%-9.96%+2.15%+230.32%
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