Coforge Limited

Coforge Limited announced the launch of Momentuum AI, a specialized operating unit designed to accelerate enterprise AI transformation and deliver measurable business outcomes. The new division, which leverages Coforge's Forward Deployed Engineer (FDE) model and the Coforge Nuuron AI Operating System, is intended to help organizations move quickly from experimentation to measurable business value, according to Lalit Wadhwa, Chief Technology Officer at Coforge.

Coforge has allotted 2,29,681 equity shares under ESOP on 16 July 2026. Consequently, the paid up equity share capital has increased to 44,29,20,492 equity shares of face value of Rs. 2/- each aggregating to Rs 88,58,40,984.

Affle 3i Ltd, Lodha Developers Ltd, Mastek Ltd and Hexaware Technologies Ltd are among the other gainers in the BSE's 'A' group today, 28 July 2026.Coforge Ltd spiked 9.23% to Rs 1669.45 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 10.85 lakh shares were traded on the counter so far as against the average daily volumes of 2.26 lakh shares in the past one month. Affle 3i Ltd surged 8.71% to Rs 1623. The stock was the second biggest gainer in 'A' group. On the BSE, 1.04 lakh shares were traded on the counter so far as against the average daily volumes of 22985 shares in the past one month. Lodha Developers Ltd soared 7.06% to Rs 1284.4. The stock was the third biggest gainer in 'A' group. On the BSE, 5.94 lakh shares were traded on the counter so far as against the average daily volumes of 4.43 lakh shares in the past one month. Mastek Ltd rose 6.81% to Rs 1850. The stock was the fourth biggest gainer in 'A' group. On the BSE, 19281 shares were traded on the counter so far as against the average daily volumes of 14064 shares in the past one month. Hexaware Technologies Ltd spurt 6.51% to Rs 597.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.48 lakh shares were traded on the counter so far as against the average daily volumes of 2.62 lakh shares in the past one month. Powered by Capital Market - Live

The company's board also gave in-principle approval to set up an entity in China to expand its operations, with further details to be shared later. The announcement came alongside the company's financial results for the quarter ended 30 June 2026. On a consolidated basis, the company's net profit rose 63.4% YoY to Rs 518.60 crore, while it declined 15.3% sequentially. Gross revenue increased 49.2% YoY and 24.2% QoQ to Rs 5,527.70 crore in the June 2026 quarter. In US dollar terms, revenue stood at $592.2 million, up 33.3% YoY and 21.1% QoQ. Gross profit rose 50.4% YoY and 23.8% QoQ to Rs 1,893.40 crore. Gross margin improved to 34.3% from 34.0% in Q1 FY26. EBITDA climbed 73.6% YoY and 22.5% QoQ to Rs 1,123.30 crore. EBITDA margin expanded 285 basis points YoY to 20.3%. Profit before tax stood at Rs 702.10 crore in Q1 FY27, up 92.1% YoY and 12.3% QoQ. Total direct costs rose 48.6% YoY to Rs 3,634.30 crore, led by a 51.8% increase in direct people costs to Rs 2,620.80 crore and a 52.4% rise in subcontractor costs to Rs 592.10 crore. Selling, general and administration expenses increased 25.9% YoY to Rs 770.10 crore, while depreciation and amortisation expense rose 17.2% YoY to Rs 129.40 crore. During the quarter, Coforge secured $691 million in total contract value (TCV) order intake. Its executable order book for the next 12 months stood at $2.23 billion, up 27% QoQ, while the company signed four large deals across North America, Europe and Latin America. Last twelve months attrition declined to 10.4% from 10.8% in the previous quarter. Sudhir Singh, chief executive officer and executive director, said the company's strong quarterly performance reflected its differentiated capabilities and execution. He said 86% of revenue now comes from AI-led engineering, data and cloud services, while the robust order book, expanding AI-led pipeline and full operational integration of Encora position the company for another year of industry-leading growth. He added that EBIT margin expanded 414 basis points YoY and EBITDA margin widened 285 basis points due to AI adoption across client delivery and internal operations. The board also recommended an interim dividend of Rs 4 per share. The record date for the dividend has been fixed as 3 August 2026. Coforge is an AI-focused engineering services company that combines AI capabilities with industry expertise to develop enterprise solutions. The company integrates AI agents with its delivery teams to improve operational efficiency and focuses on secure, governed AI deployments. Powered by Capital Market - Live

Coforge Ltd gained 4.35% today to trade at Rs 1594.95. The BSE Information Technology index is up 1.1% to quote at 28663.15. The index is up 7.55 % over last one month. Among the other constituents of the index, Mphasis Ltd increased 2.56% and Tata Consultancy Services Ltd added 2.51% on the day. The BSE Information Technology index went down 17.76 % over last one year compared to the 5.02% fall in benchmark SENSEX. Coforge Ltd has added 6.82% over last one month compared to 7.55% gain in BSE Information Technology index and 0.35% drop in the SENSEX. On the BSE, 58463 shares were traded in the counter so far compared with average daily volumes of 2.31 lakh shares in the past one month. The stock hit a record high of Rs 1988.9 on 08 Dec 2025. The stock hit a 52-week low of Rs 1008.5 on 17 Mar 2026.Powered by Capital Market - Live

Coforge announced that the Board of Directors of the Company at its meeting held on 27 July 2026, inter alia, have recommended the interim dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

The board of Coforge at its meeting held on 27 July 2026 has in-principally approved setting up of entity in China for expansion of the operations.

Coforge has fixed 03 August 2026 as record date for purpose of interim dividend of Rs 4 per equity share for FY 2027.

Net profit of Coforge rose 63.39% to Rs 518.60 crore in the quarter ended June 2026 as against Rs 317.40 crore during the previous quarter ended June 2025. Sales rose 49.22% to Rs 5527.70 crore in the quarter ended June 2026 as against Rs 3704.40 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales5527.703704.40 49 OPM %19.1415.58 - PBDT998.20549.40 82 PBT757.10390.20 94 NP518.60317.40 63 Powered by Capital Market - Live

This strategic engagement represents one of the largest AI-led transformation programs secured by the company in the region. The programme will combine low-code/no-code platforms, AI-powered automation and AI-infused software development to modernise the client's business operations and accelerate digital transformation. The engagement is expected to improve decision-making, increase productivity, reduce manual intervention and enable faster delivery of business outcomes at scale. The win strengthens Coforge's positioning as an enterprise AI transformation partner and demonstrates growing demand for large, multi-year engagements that move AI adoption beyond pilot projects towards deployment across core business processes. John Speight, president and Europe business leader, Coforge, said: This engagement is a significant milestone for our European business and reflects the growing demand for AI-led transformation programs that deliver measurable business value. Organizations are increasingly looking to move beyond isolated AI initiatives and embed intelligence into their core operations. The pipeline of material AI-led transformation conversations across our markets continues to expand rapidly, as clients seek partners who can move from experimentation to enterprise-scale execution. By combining modern platforms, AI-powered automation, and our deep engineering capabilities, we will help the client accelerate innovation, improve operational efficiency, and create a more agile and future-ready enterprise. Coforge is an AI-native engineering services company that provides technology and digital transformation solutions across multiple industries. The company reported a 144.72% surge in consolidated net profit to Rs 612.3 crore on 5.17% jump in revenue from operations to Rs 4450.4 crore in Q4 FY26 over Q3 FY26. Powered by Capital Market - Live