Coforge Reports Strong FY26 Performance with 29.2% USD Growth and Expanded Margins

Coforge, an AI-native engineering services provider headquartered in Princeton, New Jersey and Greater Noida, announced its financial performance for the fiscal year and quarter concluded on March 31, 2026.

Full Year FY26 Results

The company's annual revenue reached INR 164,207 million or $1,870 million, representing growth of 35.9% in rupee terms and 29.2% in dollar terms compared to the previous year. EBITDA climbed to INR 30,464 million ($347 million), up 76.9% in INR and 68.2% in USD, with margins expanding by 431 basis points.

Operating profit (EBIT) totaled INR 23,645 million ($269.6 million), marking increases of 82.7% in rupee terms and 73.7% in dollar terms. The EBIT margin improved by 370 basis points year-on-year. Net profit reached INR 15,557 million ($177.4 million), climbing 91.6% in INR and 82.1% in USD.

Q4 FY26 Performance

During the final quarter, revenue stood at INR 44,504 crore ($489.1 million), up 30% year-on-year in rupee terms, 28.7% in constant currency, and 21.2% in dollar terms. Sequential growth measured 5.2% in INR, 2.0% in constant currency, and 1.7% in USD.

EBITDA for the quarter reached INR 9,168 million ($100.8 million), up 56.2% year-on-year and 18.5% sequentially, with the margin reaching 20.6%, an increase of 232 basis points from the prior quarter. EBIT totaled INR 7,368 million ($81 million), up 75.6% year-on-year and 22.2% sequentially, with the margin at 16.6%, up 231 basis points sequentially. Net profit came to INR 6,123 million ($67.3 million), up 144.8% sequentially.

Strategic Positioning

The company secured order intake of $648 million during the quarter, with five large contracts signed. Looking ahead, Coforge carries an executable order book of $1.75 billion over the next twelve months, reflecting a 16.4% increase year-on-year.

The workforce expanded to 35,777 employees, with net additions of 436 staff from the previous quarter. Long-term attrition stood at 10.8%.

Leadership Commentary

"FY26 demonstrated exceptional results for Coforge," stated Sudhir Singh, Chief Executive Officer and Executive Director. "We achieved robust year-on-year growth of 29.2% and substantially expanded EBIT margins by 370 basis points to 14.4%. With an executable order book of $1.75 billion, we are well-positioned entering FY27 with considerable momentum. We anticipate delivering strong revenue expansion in FY27 and target consolidated EBITDA margins exceeding 20.5%."

Industry Recognition

Coforge received multiple accolades during the period. The Information Services Group named the company a Leader in both Managed Services and Consulting & Transformation Services in its Multi Public Cloud Services 2025 ISG Provider Lens Quadrant Study. Everest Group recognized Coforge as a Leader and Star Performer in the Duck Creek Services PEAK Matrix Assessment 2026.

The company achieved AWS Premier Tier Services Partner Status within the Amazon Web Services Partner Network and won the 2026 ServiceNow Partner Award for Domain Expertise in CRM.

Singh was honored as "Tech Titan" in the Information Technology category at Business Today India's Best CEO Awards 2026. Coforge earned recognition at the ET Edge Best Organization for Women 2026 and received the "Product Innovation by Established Firms" award for its CodeInsight.AI platform at the 33rd HYSEA Annual Summit & Awards 2026. The organization also won recognition for Excellence in Employee Retention Strategy at the ET Human Capital Awards 2026.