Coforge shares surge 7% after Q1 profit spikes 63% YoY
Shares of Coforge surged 6.64% to Rs 1,630.20 in Tuesday’s trading session after the IT services firm reported a strong Q1FY27 performance. Net profit jumped 63% YoY, while revenue grew 49%, reflecting strong business momentum and improved operational efficiency. However, profit declined 15% sequentially compared with the previous quarter due to quarterly fluctuations.
Coforge reported revenue from operations of Rs 5,527.7 crore for the quarter ended June 2026, registering a growth of 24% quarter-on-quarter (QoQ) and 49% YoY.
