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Coforge Inaugurates AI Lab at IIT Varanasi, Reports Strong Q2 Performance

Coforge Limited reported robust Q2 financial results with 8.10% QoQ revenue growth in rupee terms and 5.90% in constant currency. The company inaugurated a Data & AI Lab at IIT (BHU) Varanasi, focusing on four research projects. Coforge is adapting its hiring strategy to prioritize curiosity and practical skills. The company secured 10 large deals in H1, showing strong deal momentum. Addressing H1B visa concerns, CEO Sudhir Singh stated the impact as 'containable' with plans for on-site hiring in the U.S. The market responded positively, with Coforge shares closing 4.03% higher.

27Oct 25

Coforge Shares See Significant Block Trade on NSE

Coforge Ltd., an IT services company, experienced a substantial block trade on the National Stock Exchange (NSE). The transaction involved 353,295 shares at Rs. 1,840.00 per share, totaling Rs. 65.01 crores. This notable market activity has drawn attention, although the parties involved remain undisclosed. While such trades can influence market sentiment, they are part of normal market operations and don't necessarily reflect changes in the company's fundamentals.

27Oct 25

Coforge Forecasts 14% EBIT Margin for FY26, Stock Gains 4% on Strong Q2 Results

Coforge announced a 14% EBIT margin target for FY26 and reported impressive Q2 results. Revenue grew 4.5% sequentially to $462.1 million, with net profit up 18.4% to Rs375.8 crore. The company secured new deals worth $514 million and expects strong growth in H2 FY26. Following the results, Coforge's stock rose 4%, and analysts raised price targets.

27Oct 25

Coforge Reports Robust Q2 Performance: Net Profit Surges 18.6% QoQ

Coforge Limited announced robust Q2 FY2025-26 financial results. Net profit increased by 19.36% to ₹425.40 crore, while revenue grew 6.53% to ₹4,024.20 crore quarter-on-quarter. EBIT rose 32.65% to ₹732.50 crore, and EBITDA margin expanded by 274 bps to 14.07%. Year-over-year, net profit surged 82.18%, revenue increased 30.63%, and EBITDA grew 66.06%. The company's performance exceeded analyst expectations in most areas, demonstrating strong growth and operational efficiency.

24Oct 25

Coforge Reports Strong Q2 FY26 Results: Revenue Up 31.7% YoY, Declares Rs 4 Interim Dividend

Coforge Limited announced robust Q2 FY26 results with revenue reaching ₹39,857.00 million, a 31.70% YoY increase. EBIT grew by 59.10% YoY to ₹5,563.00 million, with EBIT margin expanding to 14.00%. PAT surged 86.00% YoY to ₹3,758.00 million. The company secured five large deals, with order intake of $514 million. The Board declared an interim dividend of ₹4 per share and approved restructuring of UK subsidiaries. John Speight was appointed as President and Executive Director.

24Oct 25

Coforge Reports Robust Q2 Performance and Receives Approval to Wind Down Two UK Subsidiaries

Coforge Limited announced impressive Q2 financial results with revenue increasing 31.70% YoY to ₹39,857.00 crore. Net profit surged 86.00% to ₹3,758.00 crore. The company secured five large deals, with order intake reaching $514 million. Coforge also plans to wind down two UK subsidiaries to optimize operations. An interim dividend of ₹4.00 per share was declared.

22Oct 25

Coforge to Announce Q2 Results on October 24, Board to Consider Second Interim Dividend

Coforge Limited will reveal its Q2 FY26 results on October 24, 2025. The board will approve unaudited financial results for Q2 and H1 FY26, and consider a second interim dividend. An earnings call is scheduled for 5 p.m. IST on the same day. Coforge's Q1 FY26 showed strong growth with total income up 55.67% YoY and net profit more than doubling. The company serves over 260 global clients with a workforce exceeding 32,000, specializing in AI, cloud, data, and automation solutions.

18Oct 25

NCLT Approves Shareholder and Creditor Meetings for Coforge-Cigniti Technologies Merger

The NCLT Chandigarh Bench has approved meetings for Coforge Limited and Cigniti Technologies stakeholders to consider their proposed merger. The order, dated October 17, 2025, directs both companies to convene meetings for equity shareholders and unsecured creditors. Coforge will also hold a meeting for secured creditors. The merger, with an appointed date of April 1, 2025, aims to enhance digital transformation capabilities, accelerate growth, and improve operational efficiency. Coforge recently allotted 198,489 equity shares under its ESOP, increasing its paid-up share capital to 334,794,549 shares.

03Oct 25

Coforge Seeks Shareholder Approval for Key Director Appointments

Coforge Limited has announced a postal ballot for shareholder approval on two director appointments. The company proposes to re-appoint Mr. D K Singh as an Independent Director for a five-year term and appoint Mr. John Speight as an Executive Director for five years. Mr. Speight's proposed annual remuneration includes a base salary of GBP 335,494, an annual bonus of GBP 111,336, and 240,000 stock options. The e-voting period for the postal ballot will run from October 4, 2025, to November 2, 2025, with results expected by November 3, 2025.

29Sept 25

Coforge Limited Clinches Golden Peacock Award for Corporate Governance Excellence

Coforge Limited has been awarded the Golden Peacock Award for Excellence in Corporate Governance by the Institute of Directors (IoD), India. The award, decided by a distinguished jury chaired by former Chief Justice of India Hon'ble Justice Uday U. Lalit, recognizes Coforge's commitment to high standards of corporate governance, transparency, and ethical business practices. Barkha Sharma, Company Secretary & Compliance Officer of Coforge, expressed pride in this achievement in an official communication to stock exchanges.

22Sept 25

Coforge Strengthens Leadership: Board Approves Key Director Appointments

Coforge Limited has approved significant changes to its board composition. D K Singh, with over 36 years of leadership experience, will be re-appointed as an Independent Director for a five-year term starting February 12, 2026. John Speight, currently Business Head for UK and Europe operations, will be appointed as an Executive Director for up to five years, effective October 10, 2025. Both appointments are subject to shareholder approval. These strategic moves aim to enhance board expertise and maintain strong leadership in the digital services sector.

22Sept 25

Coforge Reassures Investors: Minimal Impact Expected from New US H-1B Visa Rules

Coforge Limited, with 53% of its revenue from the US, has addressed investor concerns about new H-1B visa regulations. The company filed only 65 new H-1B petitions, with 63 approved, indicating minimal reliance on fresh visas. With a total workforce of 34,187 as of June 30, Coforge's proactive approach in reducing dependence on new H-1B petitions suggests a robust talent management strategy less vulnerable to US visa regulation changes.

03Sept 25

Coforge Streamlines Operations: Completes Merger of Three Subsidiaries

Coforge Limited has successfully merged three of its wholly-owned subsidiaries - Coforge Services, Coforge SmartServe, and Coforge SF - into Coforge Technologies. The merger, approved by the Regional Director of the South East Region and the Registrar of Companies in Hyderabad, aims to enhance operational efficiency. This consolidation is expected to streamline the company's corporate structure, potentially improving management processes and reducing costs. Coforge's Board of Directors is scheduled to meet on October 24 to consider Q2 financial results and a possible second interim dividend.

03Sept 25

Coforge Sets October 24 Board Meeting to Review Q2 Results and Consider Interim Dividend

Coforge Limited's Board of Directors will meet on October 24 to review Q2 and half-year financial results ending September 30. They will also consider a second interim dividend. A conference call with analysts and investors is planned post-meeting. The company has closed its trading window from October 1 until 48 hours after the results declaration. Investor meetings are scheduled for November 3 and 4 in Mumbai.

08Aug 25

Coforge Shares Tumble 4% Amid Client Sabre's Poor Performance and Merger Update

Coforge Limited's shares dropped over 4% on Friday, continuing a 7% decline over the last four trading sessions. The stock has fallen 17% in the past month. This downturn is linked to poor quarterly results from Sabre Corporation, a major Coforge client, which saw a 35% stock drop on Nasdaq. Sabre significantly reduced its full-year guidance across key metrics. Meanwhile, Coforge has filed an application with the NCLT for approval of its merger with Cigniti Technologies Limited.

07Aug 25

Coforge Files NCLT Application for Merger with Cigniti Technologies

Coforge Limited has filed an application with the National Company Law Tribunal (NCLT), Chandigarh Bench, seeking approval for its proposed merger with Cigniti Technologies Limited. Under the scheme, Cigniti Technologies will be merged into Coforge, with Coforge as the transferee company. This move follows previous disclosures about the amalgamation proposal. The merger aims to strengthen Coforge's position in the IT services sector.

29Jul 25

Coforge Ltd Sees Significant Block Trade Worth Rs. 102.73 Crores on NSE

Coforge Limited experienced a significant block trade on the NSE, involving 602,539 shares at Rs. 1,705.00 per share, totaling Rs. 102.73 crores. The company also appointed Manish Hemrajani as the new Head of Investor Relations to enhance engagement with institutional investors and analysts.

28Jul 25

Coforge Bolsters Investor Relations with Appointment of Manish Hemrajani

Coforge Limited has appointed Manish Hemrajani as its new Head of Investor Relations. Hemrajani brings over 20 years of experience in capital markets across various sectors. He will lead Coforge's global investor relations strategy, focusing on clear communication with shareholders and analysts, overseeing earnings disclosures, ensuring regulatory compliance, and strengthening shareholder engagement. CEO Sudhir Singh emphasized the strategic importance of enhancing investor engagement as the company continues its growth trajectory. Hemrajani holds an MBA in Finance from NYU Stern and an Investor Relations Charter certification.

26Jul 25

Coforge Aims for 14% EBIT Margin by FY26 Despite IT Sector Challenges

Coforge aims for a 14% EBIT margin by FY26, supported by a 46.9% year-over-year increase in its 12-month order book. Q1FY26 results show revenue growth of 8.20% and net profit increase of 22% quarter-on-quarter, despite a slight EBIT margin decline to 11.3%. The company plans to achieve its target through structural cost reductions, a strong deal pipeline, and operational efficiency. An interim dividend of Rs 4 per share was declared, with the record date set for July 31. However, Coforge's stock fell 8.19% on the NSE, closing at Rs 1,698.20.

24Jul 25

Coforge Reports Strong Q1 FY26 Performance with 54.5% YoY Revenue Growth

Coforge Limited announced robust Q1 FY26 financial results, with revenue reaching $442.40 million, up 54.5% YoY. EBITDA grew 50.1% YoY to $77.30 million, while PAT surged 84.6% YoY to $38.10 million. The company secured $507 million in new orders and signed five large deals across regions. Sectoral performance showed significant growth, particularly in Travel, Transportation, and Hospitality. Coforge maintained strong operational metrics with a global headcount of 34,187 and a low attrition rate of 11.3%. Strategic developments include an interim dividend declaration, appointment of a new RTA, and acquisition of Artexmind S.A. to facilitate operations in a new geography.

23Jul 25

Coforge Expands Global Footprint: Acquires Artexmind S.A. for $10,000

Coforge Limited is acquiring Artexmind S.A., a newly incorporated IT/ITes company, for $10,000 to expand into a new geographic market. The acquisition, expected to complete by August 31, 2025, involves purchasing 40,000 shares. Coforge also reported impressive Q1 FY26 results with revenue of ₹36,886 million, up 56.50% year-on-year, and PAT of ₹3,174 million, up 138.40%. The company secured $507 million in new orders and declared an interim dividend of ₹4 per share. Coforge is changing its Registrar and Share Transfer Agent to MUFG Intime India Private Limited, effective November 15, 2025.

23Jul 25

Coforge Reports Robust Q1 FY26 Results with 56.5% Revenue Growth, Declares Interim Dividend

Coforge Limited announced robust Q1 FY26 financial results. Consolidated revenue reached ₹36,886.00 million, up 56.5% year-over-year. EBITDA margin improved to 17.5%. PAT increased by 138.4% year-over-year to ₹3,174.00 million. The company secured $507.00 million in order intake, signed five large deals, and added 6 new clients. Order book stands at $1.55 billion. Global headcount reached 34,187 with low attrition at 11.3%. An interim dividend of ₹4.00 per share was declared. Coforge plans to change its Registrar and Share Transfer Agent and acquire Artexmind S.A. for expansion.

23Jul 25

Coforge Reports 56.5% YoY Revenue Growth in Q1, Declares Interim Dividend

Coforge Limited announced strong Q1 financial results with 56.5% YoY revenue growth in INR terms, reaching ₹36,886.00 million. US Dollar revenue increased by 54.5% to $442.40 million. EBITDA margin improved to 17.5%, and PAT rose 138.4% YoY to ₹3,174.00 million. The company secured $507.00 million in new orders, with five large deals signed. The order book for the next 12 months stands at $1.55 billion, up 46.9% YoY. Coforge declared an interim dividend of ₹4.00 per share and announced the appointment of a new Registrar and Share Transfer Agent. The company also plans to acquire Artexmind S.A. to expand its geographical presence.

23Jul 25

Coforge Reports Q1 Profit Growth, Declares Interim Dividend, and Announces Strategic Changes

Coforge Limited reported Q1 consolidated net profit of 3.17 billion rupees, up from 2.60 billion rupees in the previous quarter, but below analyst estimates. Q1 revenue reached 36.88 billion rupees, missing analyst expectations. The company declared an interim dividend of 4.00 rupees per share. Coforge appointed MUFG Intime India Private Limited as its new Registrar and Share Transfer Agent, effective November 15, 2025. The company also agreed to acquire Artexmind S.A. for about 10,000 USD to expedite entry into a new geography.

22Jul 25

Coforge to Announce Q1 FY26 Results on July 23, Board to Consider Interim Dividend

Coforge Ltd. will reveal its Q1 FY26 financial results on July 23. The Board of Directors will meet to approve the unaudited consolidated and standalone financial results for the quarter ended June 2025. They will also consider an interim dividend proposal. An earnings call is scheduled for July 24 at 8:15 a.m. The company has implemented a trading window closure for designated persons from July 1 until 48 hours after the results declaration.

26Jun 25

Coforge Shares Dip Following Major Block Deal

Coforge Ltd experienced a share price decline after a block deal of 9.77 lakh shares (1.46% equity) valued at ₹183.30 crore. The transaction occurred at ₹1,876.50 per share. Following the deal, Coforge's stock traded at ₹1,865.50, down 0.7%. The identities of the buyers and sellers were not disclosed.

26Jun 25

Coforge Ltd. Sees Significant Block Trade on NSE

Coforge Ltd. experienced a significant block trade on the National Stock Exchange (NSE), involving 963,823 shares at Rs. 1,870 per share. The total deal value amounted to Rs. 180.23 crores. This large-scale transaction could potentially influence market sentiment and trading patterns for Coforge's stock in the short term.

23Jun 25

Coforge Teams Up with Duke's Fuqua School to Boost Generative AI Adoption

Coforge has announced a strategic collaboration with Duke University's Fuqua School of Business to accelerate the adoption of Generative AI across various industries. The partnership aims to combine Coforge's industry expertise with Duke's academic prowess to drive innovation and enhance efficiency in sectors such as financial services, healthcare, manufacturing, retail, and technology. This collaboration is expected to explore and expand Generative AI applications, potentially revolutionizing how businesses implement AI solutions.

20Jun 25

Coforge Refutes Rumors of R Systems Acquisition Talks

Coforge, a global IT solutions organization, has officially denied market speculation regarding its alleged involvement in acquisition discussions with R Systems. The company issued a statement to maintain transparency with investors and the market, categorically stating that it is not engaged in any acquisition talks concerning R Systems. This prompt clarification aims to prevent unwarranted stock price volatility arising from unfounded rumors.

10Jun 25

Coforge Ltd. Shares Witness Significant Block Trades on NSE

Two large block trades of Coforge Ltd. shares were reported on the NSE. The first involved 909,165 shares at Rs. 1,843.00 per share, totaling Rs. 167.56 crores. The second saw 603,972 shares traded at Rs. 1,842.50 per share, amounting to Rs. 111.28 crores. These trades, collectively worth over Rs. 278.84 crores, indicate substantial investor interest in the global IT solutions organization.