Noida: Coforge Limited (NSE: COFORGE), a global AI-native engineering services leader, has reported strong financial performance for the quarter ended September 30, 2026, with revenue rising 53.6% year-on-year (YoY) in Indian rupee terms.
The Coforge Q2 FY27 results also saw the company raise its EBIT margin guidance for FY27 from 15.5% to 16%.
For Coforge Q2 FY27, revenue stood at ₹61,708 million ($652.2 million), increasing 53.6% YoY in INR terms and 40.1% in US dollar terms.
The company’s EBITDA for the quarter stood at ₹12,697 million ($134 million), up 67.3% YoY in INR terms and 52.6% in USD terms.
EBITDA margin increased to 20.6%, representing an improvement of 168 basis points YoY.
Coforge reported EBIT of ₹9,847 million ($104 million) during the quarter, up 67.8% YoY in INR terms and 53% in USD terms. EBIT margin stood at 16%, an increase of 134 basis points YoY.
Profit after tax (PAT) came in at ₹5,881 million ($62 million), registering growth of 56.5% YoY in INR terms and 42.7% in USD terms.
Commenting on the Coforge Q2 FY27 performance, Sudhir Singh, Chief Executive Officer and Executive Director, Coforge Ltd., said, “The 10.1% sequential growth and 40.1% YoY growth in US dollar terms, a 3.8% sequential organic cc growth, a next twelve month signed order book of $2.38 billion, an order intake of over $1 billion and eight large deals, the most the firm has ever signed in a single quarter, have put us firmly on course to be the industry growth leader for the third year running.
We are raising our FY27 EBIT margin guidance from 15.5% to 16%. We expect to further improve our EBIT margin to 17% next year; and will be targeting to be amongst top three scaled IT services firms on margins while maintaining our growth momentum,”
Coforge Q2 FY27 Order Intake and Order Book
The Coforge Q2 FY27 results were accompanied by an order intake of $1.04 billion in total contract value (TCV) during the quarter.
Coforge’s executable order book for the next 12 months stood at $2.38 billion, marking a 45% YoY increase.
The company also signed eight large deals during the quarter across North America, Europe and Australia. According to Coforge, this was the highest number of large deals it has signed in a single quarter.
The company’s last-twelve-month (LTM) attrition stood at 10.4%, remaining at the same level as the previous quarter.
Coforge Expands AI Engineering Capabilities
As part of its business developments during Coforge Q2 FY27, the company launched Momentuum blue, a specialized Forward Deployed Engineers (FDE) operating unit.
Momentuum blue works within client teams to own business outcomes and transform enterprise knowledge and context into production systems designed to deliver measurable value with speed.
Coforge also expanded its Kraków Engineering Center in Poland. The center is positioned as a strategic AI engineering and nearshore delivery hub serving clients across Europe and globally.
During the quarter, Coforge also introduced CXNova, an agentic customer experience (CX) orchestration platform designed to help enterprises deliver personalization, engagement and continuous optimization across critical customer touchpoints.
The Coforge Q2 FY27 quarter also saw the company strengthen its partnerships and technology capabilities.
Coforge achieved the AWS AI Competency, a global designation awarded by Amazon Web Services (AWS) to partners that demonstrate proven expertise in delivering AI solutions on AWS.
The company also achieved Zscaler Delivery Services Authorization (DSA).
The designation recognizes partners that have demonstrated delivery capabilities across the Zscaler platform through technical training, certifications, implementation readiness and hands-on enablement.
