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.
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