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Coforge Q2 profit rises 56.5% on record large-deal wins

Mid-tier IT firm Coforge posted a 56.5% jump in September-quarter net profit to ₹588.1 crore, helped by a record eight large deals and its first full quarter consolidating Encora. Revenue rose 53.6% to ₹6,170.8 crore, and fresh order intake more than doubled to $1.04 billion. The company raised its FY27 EBIT margin guidance to 16% from 15.5%.

This summary is based on reporting by The Hindu.

Read the full story at The Hindu