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Coforge Q2 results: Net profit surges 56.5% to ₹588 cr, revenue up 53.6%Photo: Business Standard Companies
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BUSINESSBusiness Standard Companies · 2 days agoLive

Coforge Q2 results: Net profit surges 56.5% to ₹588 cr, revenue up 53.6%

Reported by Business Standard Companies, not nibnow. We are not the publisher of this story, only the source is.

WHY IT MATTERS

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.

WHAT HAPPENED

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

KEY CONTEXT

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.

WHAT TO WATCH
  • •Whether the company can sustain margin improvements through artificial intelligence integration in future quarters
  • •Further commentary from leadership on demand trends across key markets
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Read full article at Business Standard Companies