
IT services company Coforge shares surged nearly 10% in Tuesday's trading after the company reported robust June quarter (Q1 FY27) earnings and announced an interim dividend of ₹4 per equity share. Investors cheered the strong financial performance, healthy margin expansion, and a sharp increase in the company's order book.
The stock opened at ₹1,565.05 on the BSE against its previous close of ₹1,528.45 and climbed to an intraday high of ₹1,678. Around 10:15 AM, the stock was trading at ₹1,676.35, up 9.68%.
Q1 FY27: Profit More Than Doubles
Coforge delivered an impressive financial performance for the quarter ended June 30, 2026.
Revenue: ₹5,527.7 crore, up 49% YoY
Net Profit: ₹518.6 crore, up 110% YoY
Revenue (USD): $592.2 million, up 33.3% YoY
The strong growth reflects healthy demand across the company's digital transformation and AI-led technology services.
₹4 Interim Dividend; Record Date Announced
Along with its quarterly results, Coforge's board approved an interim dividend of ₹4 per equity share.
Dividend: ₹4 per equity share
Record Date: August 3, 2026
Shareholders holding the company's shares on the record date will be eligible to receive the dividend.
Margins Improve Significantly
The company also reported strong operational performance.
EBITDA: ₹1,123.3 crore (up 74% YoY)
EBITDA Margin: 20.3%, expanding by 285 basis points
EBIT: ₹882.2 crore (up 101% YoY)
EBIT Margin: 16%, improving by 414 basis points
The margin expansion highlights improved operational efficiency and stronger profitability.
Order Book Hits Record Levels
Coforge's executable order book for the next 12 months stood at $2.23 billion as of June 30, 2026.
27% growth compared to the previous quarter
44% growth compared to the same period last year
The strong order pipeline provides healthy revenue visibility for the coming quarters.
What Does Coforge Do?
Coforge is a leading global digital transformation and AI engineering services company serving industries such as:
Banking & Financial Services
Insurance
Travel & Hospitality
Healthcare
The company specializes in AI platforms, cloud computing, enterprise software, digital engineering, and IT consulting, with a strong operational presence in Noida and Greater Noida.
HDFC Bank Raises Record $1.75 Billion Through Overseas Bonds; Funds to Support Business Growth
HDFC Bank has raised $1.75 billion through foreign-currency bonds to support its business expansi
Fire-Boltt Smartphones Launch in India on August 25: Boltt Ace 5G and Boltt Evo Details
Fire-Boltt is set to enter the Indian smartphone market with two new handsets, the Boltt Ace 5G a
Shreyas Iyer Wins Hearts After India’s 3-0 Win: Invites Ibrahim Zadran to Trophy Photo
India completed a 3-0 T20I series sweep over Afghanistan after registering a 127-run victory in t
Samsung Galaxy S27 Pro: 2nm Chip, 12GB RAM and 5,200mAh Battery Tipped Ahead of Launch
Samsung's upcoming Galaxy S27 series could bring a major change to the company's flagship smartph
Anahat Singh Becomes World Champion: Emotional Champion Says, ‘This Is Nothing Short of a Dream’
India's top-ranked squash player Anahat Singh etched her name into the history books by becoming
Meta Muse Wonder AI Models Launched: Key Features for Coding, Finance and Legal Tasks
Meta has unveiled two new artificial intelligence models, Muse Wonder and Muse Wonder Full, desig
Janmashtami Bank Holiday Today: Banks Closed in These Cities, Check Full List Before Visiting
The festival of Janmashtami is being celebrated across India today, Friday, September 4, 2026. Ho
Amazon's much-awaited Great Indian Festival has gone live in India from October 8, bringing festi
India's hopes of reaching the semi-finals of the FIH Men's Hockey World Cup 2026 came to an end a
Gold Price Today: Gold Surges ₹2,549 to ₹1.54 Lakh; Silver Rises ₹4,420 to ₹2.33 Lakh
Gold and silver prices witnessed a sharp rise on September 3, with investors and consumers closel