IT Consulting & Software company Coforge announced Q2FY27 results Consolidated Financial Highlights: Total revenue from operations for Q2FY27 stands at Rs 61,708 million, displaying a QoQ growth of 11.23% from Rs 55,477 million in Q1FY27 and a YoY increase of 53.64% from Rs 40,164 million in Q2FY26. For H1FY27, total revenue from operations stands at Rs 1,17,185 million, showcasing a YoY increase of 51.78% from Rs 77,208 million in H1FY26. Total income for Q2FY27 stands at Rs 61,952 million, noting a QoQ growth of 11.14% compared to Rs 55,745 million in Q1FY27 and a YoY increase of 53.79% against Rs 40,285 million in Q2FY26. For H1FY27, total income stands at Rs 1,17,697 million, registering a YoY increase of 51.84% from Rs 77,512 million in H1FY26. Profit before tax (PBT) for Q2FY27 stands at Rs 7,989 million, demonstrating a QoQ increase of 10.18% against Rs 7,251 million in Q1FY27 and a YoY increase of 40.58% from Rs 5,683 million in Q2FY26. For H1FY27, profit before tax stands at Rs 15,240 million, noting a YoY growth of 64.97% against Rs 9,238 million in H1FY26. Net profit for the period (PAT) for Q2FY27 stands at Rs 6,049 million, reflecting a QoQ decrease of 4.24% from Rs 6,317 million in Q1FY27 and a YoY increase of 39.90% from Rs 4,324 million in Q2FY26. For H1FY27, net profit stands at Rs 12,366 million, showing a YoY growth of 58.17% from Rs 7,818 million in H1FY26. Earnings per share (EPS) for continuing operations (basic) for Q2FY27 stands at Rs 13.27, showcasing a QoQ growth of 7.54% from Rs 12.34 in Q1FY27 and a YoY growth of 18.38% against Rs 11.21 in Q2FY26. For H1FY27, basic EPS stands at Rs 25.61, registering a YoY increase of 23.24% from Rs 20.78 in H1FY26. Earnings per share (EPS) for continuing operations (diluted) for Q2FY27 stands at Rs 13.19, showcasing a QoQ growth of 7.41% from Rs 12.28 in Q1FY27 and a YoY growth of 19.15% against Rs 11.07 in Q2FY26. For H1FY27, diluted EPS stands at Rs 25.48, showing a YoY increase of 24.59% from Rs 20.45 in H1FY26. Standalone Financial Highlights: Total revenue from operations for Q2FY27 stands at Rs 38,120 million, demonstrating a QoQ growth of 23.75% from Rs 30,804 million in Q1FY27 and a YoY increase of 59.99% against Rs 23,827 million in Q2FY26. For H1FY27, total revenue from operations stands at Rs 68,924 million, showcasing a YoY growth of 55.63% from Rs 44,286 million in H1FY26. Total income for Q2FY27 stands at Rs 38,844 million, exhibiting a QoQ growth of 21.40% compared to Rs 31,998 million in Q1FY27 and a YoY increase of 48.58% against Rs 26,143 million in Q2FY26. For H1FY27, total income stands at Rs 70,842 million, showcasing a YoY increase of 47.92% from Rs 47,891 million in H1FY26. Profit before tax (PBT) for Q2FY27 stands at Rs 2,868 million, indicating a QoQ increase of 3.05% from Rs 2,783 million in Q1FY27 and a YoY decrease of 33.69% against Rs 4,325 million in Q2FY26. For H1FY27, profit before tax stands at Rs 5,651 million, recording a YoY decrease of 13.42% from Rs 6,527 million in H1FY26. Net profit for the period (PAT) for Q2FY27 stands at Rs 2,103 million, displaying a QoQ growth of 2.78% against Rs 2,046 million in Q1FY27 and a YoY decline of 41.95% from Rs 3,623 million in Q2FY26. For H1FY27, net profit stands at Rs 4,149 million, showing a YoY decline of 42.56% from Rs 7,223 million in H1FY26. Earnings per share (EPS) basic for Q2FY27 stands at Rs 4.75, representing a QoQ decrease of 2.46% from Rs 4.87 in Q1FY27 and a YoY drop of 54.41% from Rs 10.42 in Q2FY26. For H1FY27, basic EPS stands at Rs 9.61, noting a YoY decrease of 53.75% from Rs 20.78 in H1FY26. Earnings per share (EPS) diluted for Q2FY27 stands at Rs 4.72, representing a QoQ decrease of 2.68% from Rs 4.85 in Q1FY27 and a YoY drop of 54.17% from Rs 10.30 in Q2FY26. For H1FY27, diluted EPS stands at Rs 9.56, noting a YoY decrease of 53.46% from Rs 20.54 in H1FY26. Segment-wise Performance: Americas: Revenue for Q2FY27 stood at Rs 34,438 million, increasing QoQ by 8.78% from Rs 31,654 million in Q1FY27, and growing YoY by 47.78% compared to Rs 23,302 million in Q2FY26. For H1FY27, revenue reached Rs 66,092 million compared to Rs 45,461 million in H1FY26. Europe, Middle East and Africa: Revenue for Q2FY27 stood at Rs 18,333 million, increasing QoQ by 12.04% from Rs 16,363 million in Q1FY27, and increasing YoY by 92.59% compared to Rs 9,520 million in Q2FY26. For H1FY27, revenue reached Rs 34,696 million compared to Rs 18,511 million in H1FY26. Rest of the World (ROW): Revenue for Q2FY27 stood at Rs 8,937 million, increasing QoQ by 19.80% from Rs 7,460 million in Q1FY27, and growing YoY by 21.73% against Rs 7,342 million in Q2FY26. For H1FY27, revenue reached Rs 16,397 million compared to Rs 13,236 million in H1FY26. Sudhir Singh, Chief Executive Officer & Executive Director, Coforge, said: “The 10.1% sequential growth and 40.1% YoY growth in US dollar terms, a 3.8% sequential organic cc growth, a next twelve-month signed order book of $2.38 billion, an order intake of over $1 billion and eight large deals, the most the firm has ever signed in a single quarter, have put us firmly on course to be the industry growth leader for the third year running. We are raising our FY27 EBIT margin guidance from 15.5% to 16%. We expect to further improve our EBIT margin to 17% next year and will be targeting to be amongst the top three scaled IT services firms on margins while maintaining our growth momentum.” Result PDF