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Coforge reported a significant surge in net profit and revenue for the second quarter, driven by the integration of artificial intelligence into fixed price projects. This demonstrates how technology firms are increasingly leveraging automation to improve their financial margins and execution efficiency.
Coforge posted a 56.5 per cent increase in consolidated profit to Rs 588 crore in the second quarter ended September 30, 2026, driven by AI-led execution of deals, the company said on Friday. The IT firm had posted a net profit of Rs 375.8 crore in the same period a year ago. "Right now the margin uptake that we are seeing is in the existing fixed price projects where AI is getting infused," Coforge Chief Executive Officer and Executive Director, Sudhir Singh, said during the company's earnings
IT services companies often rely on fixed price projects, where they deliver a defined scope of work for a set fee, making operational efficiency crucial for profitability.