# Coforge shares surge 10% on 49% profit jump in Q1

2026-08-08T03:24:04+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Coforge shares rose over 10 per cent on Tuesday after the IT firm reported a 49.1 per cent year-on-year rise in consolidated net profit to Rs 531.7 crore for the first quarter of FY27. Revenue from operations climbed 49.2 per cent to Rs 5,527.7 crore, while EBITDA jumped 74 per cent to Rs 1,123.3 crore, with margins expanding 285 basis points to 20.3 per cent. The board declared an interim dividend of Rs 4 per share and approved setting up a subsidiary in China. The company posted an order intake of $691 million in total contract value for the quarter. Its 12-month signed order book stands at $2.23 billion. Chief executive Sudhir Singh attributed the growth to AI-led capabilities, with 86 per cent of revenue coming from engineering, data and cloud services. The Encora acquisition has been fully integrated, and the company expects FY27 to be an exceptional year, he said.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/coforge-shares-jump-over-9-after-q1fy27-profit-rises-49-y-o-y/article71275491.ece>

Tags: AI services, Coforge, IT sector, Q1 results, stock market
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