Coforge Q4 FY26 Results: Net Profit More Than Doubles To ₹612 Crore

By Kotak News Desk
|
06 May 2026 at 10:57 AM IST
|
Market News
|
4m

Stay updated with the latest stock market developments and trends.

You can set Kotak Neo as a preferred source to receive regular market updates.

Summary

Coforge Q4 FY26 net profit more than doubled sequentially to ₹612 crore, beating estimates of ₹445 crore. Margins expanded to 15.6% from 13.1%. Read ahead for full details.

Coforge posted a strong sequential recovery in the March quarter, with net profit more than doubling and margins expanding sharply.

Consolidated net profit came in at ₹612 crore for Q4 FY26, against ₹250 crore in the previous quarter and came in well above the street estimate of ₹445 crore. Revenue grew 5.2% sequentially to ₹4,450 crore from ₹4,232 crore.

Coforge shares opened as much as 8% higher on Wednesday, trading at ₹1,277.

Key Q4 Numbers At A Glance

Net profit: ₹612 crore vs ₹250 crore in Q3 FY26, beat estimate of ₹445 crore.
Revenue: ₹4,450 crore, up 5.2% quarter-on-quarter (QoQ) from ₹4,232 crore.
Earnings Before Interest and Tax: ₹696 crore, up 25.7% QoQ from ₹554 crore.
Earnings Before Interest and Tax margin: 15.6% vs 13.1% in Q3 FY26.

Margins rose from 13.1% to 15.6% in a single quarter. That kind of jump does not happen on its own. It usually comes from a better revenue mix. Operating leverage plays a part too. Stronger execution across the business can also drive this kind of move.

Full Year FY26 Performance

Revenue: ₹16,402.7 crore, up 35.9% year-on-year.
Net Profit: ₹1,555.7 crore vs ₹812.1 crore last year.

Strong growth across both revenue and profit. The company almost doubled its earnings in a year.

Cigniti Is Now Part Of Coforge

The company also stated that the amalgamation of Cigniti with Coforge is complete. Cigniti shareholders are entitled to receive Coforge equity shares in a one-to-one exchange ratio, with eligibility determined as of the record date set by the board. The merger brings Cigniti's testing and quality engineering services fully inside the Coforge structure.

Dividend Pushed To Next Meeting

The board deferred the final dividend declaration to its next meeting. No explanation was given in the filing.

Also Read - Stock Market Update 6 May 2026: Sensex Gains Over 500 Pts; Nifty Above 24,200

Where The Stock Stands

Coforge shares are down 29.8% year-to-date and have fallen 84.42% over the past twelve months. Wednesday’s session will be the real test. It will show how the market reads a strong beat against that backdrop.

Sources:

NDTV

The Economic Times

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Brokerage will not exceed the SEBI-prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.

About the Author