Coforge Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
COFORGE · price
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Coforge Limited reported strong FY2026 consolidated revenue of Rs. 164,027 Mn, up 35.8% from Rs. 120,733 Mn in FY2025. Consolidated profit after tax grew 86.4% to Rs. 17,447 Mn from Rs. 9,361 Mn. Standalone PAT more than doubled to Rs. 13,931 Mn from Rs. 6,069 Mn. The auditors issued an unmodified opinion, but noted emphasis of matter regarding restatement adjustments to prior periods due to Cigniti amalgamation. Exceptional items of Rs. 2,260 Mn included acquisition-related costs. Post year-end, Coforge completed acquisition of Encora for Rs. 221,935 Mn through Rs. 170,326 Mn share swap and Rs. 51,609 Mn debt. Record date for Cigniti share exchange is May 16, 2026.
Strong revenue and PAT growth demonstrates solid operational performance. The restatement adjustments and exceptional acquisition costs warrant attention. The large Encora acquisition post year-end significantly changes the company's scale and capital structure.