Coforge Is Outgrowing Its Larger Rivals. Is AI the Reason?
Coforge posted ₹6,170 crore revenue in Q2 FY27 with 53.6% year-on-year growth (40.1% in dollar terms), raising EBIT margin guidance to 16%. The company completed its Encora acquisition in April, with 3.8% organic growth and the rest from the acquisition. CEO Sudhir Singh attributed the quarter as a tipping point for AI adoption internally, linking the margin upgrade to AI's ability to decouple scaling from proportional cost increases.
Key points
- Coforge Q2 FY27: ₹6,170 cr revenue, 53.6% YoY growth; EBIT margin raised to 16%
- Encora acquisition (April) contributed bulk of sequential growth; organic growth 3.8%
- CEO credits AI adoption as tipping point for margin expansion without linear cost scaling
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Analytics India Magazine did the reporting; read the original for the full story.
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