IT firm Coforge reported net profit of Rs 375.8 crore in its second quarter of this fiscal (Q2FY26). The company’s net profit rises 85.95% from Rs 202.1 crore a year ago. On sequential basis the company reported an increase of 18.4% from Rs 317.4 crore in Q1FY26.
Revenue from the operations stood at Rs 3,985.7 crore, up 31.37% from Rs 3,025.6 crore in Q1FY25. EBIT stood at Rs 560 crore and EBIT margin recorded at 14%.
Coforge declares second interim dividend of Rs 4 per share
The IT firm has also announced second interim dividend of Rs 4 per equity share (face value Rs 2 each) for FY 2025–26. The Board has fixed October 31 as the “Record Date” for the purpose of ascertaining the eligibility of shareholders for payment of interim Dividend. The payment would be done within 30 days from declaration date.
Coforge order book rises 26.7%, Attrition rate at 11.4%
Coforge signed deals worth $514 million during the quarter and five large contracts across North America and the Asia-Pacific region. The executable order book for the next 12 months stood at $1.63 billion, a 26.7% rise from the same period last year.
The company added 709 employees during the quarter, taking its total headcount to 34,896. Attrition rate stood at 11.4%.
Sudhir Singh, Chief Executive Officer and Executive Director of Coforge said, “The 8.1% sequential INR growth in Q2, a next twelve-month signed order book which is 26.7% higher YoY, a sales execution engine that signed 14 large deals last year and has already closed 10 large deals in the first half of this year, an EBIT margin expansion of 250 bps QoQ, coupled with one of the lowest employee attrition rates across the industry are all pointers to what we believe will be an exceptional fiscal’26. We remain steadfast in our commitment to turning in the ninth consecutive year of sustained and robust growth despite
the uncertain macros.”