Coforge Ltd's Q1FY26 Quarterly Results

Result Summary

• Coforge Ltd reported a 56.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 52.8%.
• Its expenses for the quarter were up by 58.4% QoQ and 49.3% YoY.
• The net profit increased 55.5% QoQ and increased 155.9% YoY.
• The earnings per share (EPS) of Coforge Ltd stood at 9.4 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Coforge Ltd is a global IT services firm that operates primarily in the technology sector. The company provides a range of services including application development and maintenance, infrastructure management, and business process outsourcing. Coforge serves multiple industries such as financial services, insurance, travel, and transportation. As of the latest data, the company has been actively expanding its digital transformation offerings to cater to the changing demands of its clients. While specific recent developments are not provided in the data, it is known that Coforge continues to focus on innovation and delivering high-quality IT solutions to its customers.

Revenue

For the first quarter of fiscal year 2026, Coforge Ltd reported a total income of ₹3707.20 crores. This represents a significant increase of 56.5% compared to the previous quarter (Q4FY25), where the total income was ₹2368.40 crores. Compared to the same quarter in the previous fiscal year (Q1FY25), where the total income was ₹2426.20 crores, there is a noticeable year-over-year growth of 52.8%. The data reflects a substantial upward trajectory in the company's revenue generation over the periods compared.

Profitability

In the analysis of profitability, Coforge Ltd's profit before tax for Q1FY26 was ₹365.40 crores, showing a quarter-over-quarter increase of 27.9% from ₹285.60 crores in Q4FY25. Year-over-year, the profit before tax rose by 78.5% from ₹204.70 crores in Q1FY25. After accounting for taxes, the profit after tax stood at ₹356.40 crores for Q1FY26, which is a 55.5% increase from the previous quarter, and a significant 155.9% growth from the same quarter last year. However, earnings per share decreased to ₹9.40 in Q1FY26 from ₹35.90 in Q4FY25, and from ₹20.80 in Q1FY25, marking a decline of 73.8% quarter-over-quarter and 54.8% year-over-year.

Operating Metrics

The total expenses for Coforge Ltd in Q1FY26 were ₹3317.00 crores, reflecting an increase of 58.4% from ₹2094.40 crores in Q4FY25. When compared to Q1FY25, where expenses were ₹2221.50 crores, there is a year-over-year increase of 49.3%. The data indicates that expenses have risen along with revenue, maintaining a consistent growth pattern in operational expenditures. The tax expense for Q1FY26 was ₹79.20 crores, which grew by 40.4% from the previous quarter and by 21.1% year-over-year. These figures suggest changes in the company's cost structure in alignment with its income growth.