Enterprise AI
Coforge reported a 53.6% year-on-year increase in consolidated revenue to ₹6,170.8 crore in Q2 FY27, supported by Encora’s full-quarter contribution and its focus on AI-led engineering. Revenue grew 11.6% sequentially, while profit attributable to shareholders rose 13.4% quarter-on-quarter to ₹588.1 crore.
The IT services company signed eight large deals during the quarter, its highest quarterly count, with total contract value order intake reaching $1.04 billion. Its executable 12-month order book increased 45% year-on-year to $2.38 billion.
CEO and Executive Director Sudhir Singh reported 10.1% sequential growth and 40.1% year-on-year growth in US dollar revenue, alongside 3.8% organic constant-currency growth.
Coforge raised its FY27 EBIT margin guidance from 15.5% to 16% and is targeting 17% in FY28. The company also introduced CXNova, an agentic customer experience orchestration platform, and plans to establish Momentum Blue in the US to develop Forward Deployed Engineering talent. Its Kraków engineering centre will expand as an AI engineering hub.
