Coforge's Q1 FY 2026-27 Quarterly Results

Result Summary

• Coforge Ltd reported a 24.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 49.8%.
• Its expenses for the quarter were up by 26.5% QoQ and 44.6% YoY.
• The net profit decreased 20.2% QoQ and increased 49.2% YoY.
• The earnings per share (EPS) of Coforge Ltd stood at 12.28 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Coforge Ltd is a global information technology and services company primarily engaged in providing IT solutions and services. The company operates in various sectors, including financial services, insurance, and travel, leveraging its expertise to drive digital transformation for its clients. Coforge is known for its strong partnerships with leading technology providers and its focus on delivering high-quality services. Any recent major developments specific to the company's operations or strategic direction are not available in the provided data.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Coforge Ltd reported a total income of ₹5,554.50 crores. This represents a significant increase of 24.2% compared to the previous quarter (Q4FY26) and a 49.8% increase year-over-year (YoY) from the same quarter last fiscal year (Q1FY26). The growth in total income indicates a robust revenue-generating capacity for the quarter. Such performance could be attributed to potential expansion in service offerings or increased demand from existing and new clients, but specific contributing factors are not detailed in the provided data.

Profitability

Coforge Ltd's profitability metrics for Q1FY27 show a mixed performance. The company achieved a Profit Before Tax (PBT) of ₹702.10 crores, marking a 12.3% increase quarter-over-quarter (QoQ) and a substantial 92.1% rise YoY. However, the Profit After Tax (PAT) decreased by 20.2% QoQ to ₹531.70 crores, despite a 49.2% YoY increase. The tax expense for the quarter was notably higher at ₹170.40 crores, compared to a tax rebate in the previous quarter (Q4FY26) of -₹41.20 crores, which significantly impacted the PAT. Earnings Per Share (EPS) fell by 32.2% QoQ to ₹12.28, yet showed a 30.9% increase YoY, reflecting the overall growth in profit despite the quarter-on-quarter decline.

Operating Metrics

Total expenses for Coforge Ltd in Q1FY27 amounted to ₹4,797.40 crores, which is a 26.5% increase from the previous quarter (Q4FY26) and a 44.6% rise YoY. The higher expenses align with the increased total income, suggesting expanded operations or increased cost of services delivered. The growth in expenses outpaced the growth in income QoQ, influencing the overall net profitability metrics for the quarter. The company’s operating efficiency and cost management strategies during this period would be crucial in understanding these financial outcomes, though specific operational details are not provided in the data.