IT Consulting & Software company Coforge announced Q1FY27 results Consolidated Financial Highlights: Revenue from operations for Q1FY27 stood at Rs 55,277 million, representing a growth of 24.21% over Rs 44,504 million in Q4FY26 and a 49.22% increase compared to Rs 37,044 million in Q1FY26. Total income for the company reached Rs 55,545 million in Q1FY27, up by 24.19% from Rs 44,725 million in Q4FY26 and rising 49.19% from Rs 37,230 million in Q1FY26. Profit before exceptional items and tax in Q1FY27 was reported at Rs 7,571 million, showing an increase of 11.57% from Rs 6,786 million in Q4FY26 and a 94.03% growth from Rs 3,902 million in Q1FY26. The Net Profit (Profit for the period) for Q1FY27 was Rs 5,317 million, reflecting a decrease of 20.19% compared to Rs 6,662 million in Q4FY26, but an increase of 49.19% over Rs 3,564 million in Q1FY26. Basic Earnings Per Share (EPS) for continuing operations was Rs 12.34 in Q1FY27 compared to Rs 18.23 in Q4FY26 and Rs 7.38 in Q1FY26. Standalone Financial Highlights: Revenue from operations in Q1FY27 was Rs 30,804 million, marking a 15.89% increase from Rs 26,581 million in Q4FY26 and a 50.56% increase from Rs 20,459 million in Q1FY26. Total income for Q1FY27 stood at Rs 31,998 million, compared to Rs 31,291 million in Q4FY26 (up 2.26%) and Rs 21,748 million in Q1FY26 (up 47.13%). Profit for the period in Q1FY27 was Rs 2,046 million, down by 62.97% from Rs 5,526 million in Q4FY26 and down 43.17% from Rs 3,600 million in Q1FY26. Business Highlights: Segment Performance: Americas: Revenue in Q1FY27 was Rs 34,178 million, growing by 63.36% YoY from Rs 20,922 million in Q1FY26. Europe, Middle East and Africa: Revenue in Q1FY27 was Rs 14,924 million, increasing by 33.62% YoY from Rs 11,169 million in Q1FY26. ROW: Revenue in Q1FY27 was Rs 6,175 million, up 24.67% YoY from Rs 4,953 million in Q1FY26. Acquisitions & Mergers: The company completed the acquisition of 100% equity interest in Encora US Holdco, Inc. and Encora Holdings Ltd. ("Encora") on April 23, 2026. On June 3, 2026, pursuant to the merger of Cigniti with the company, 12,671,602 equity shares were allotted and issued to the eligible shareholders of Cigniti. Dividends: The Board declared an interim dividend of Rs 4 per equity share for the financial year 2026-27. Expansion: The Board has in-principle approved the setting up of an entity in China for the expansion of operations. Leadership: The Board approved the re-appointment of Mr. OP Bhatt as an Independent Director and Chairperson of the Board for a second term of 5 years effective from May 01, 2027. Sudhir Singh, Chief Executive Officer and Executive Director, Coforge, said: “Our Q1 performance, with 21.1% sequential growth and 33.3% YoY growth in US dollar terms, reflects the strength of our differentiated capabilities and an execution intensity that is uniquely our own. The confluence of our next twelve-month signed order book of USD 2.23 billion, an exceptionally strong large deal pipeline and differentiated capabilities with 86% of our revenues coming from AI-led engineering, data and cloud services has set us up to be the industry growth leader for the third year running. Our consolidated Q1 margins have come ahead of our annual margin guidance. The 414 bps YoY expansion in EBIT margin and 285 bps YoY expansion in EBITDA margin reflect the impact of AI infusion at scale in client delivery and internal operations. With the Encora acquisition completely operationally integrated and with strong demand, record visibility, and a rapidly expanding pipeline of AI-led opportunities, FY27 is shaping up to be an exceptional performance year for the firm.” Result PDF