SynopsisThe company also had a planned exit from two projects in the quarter, impacting revenue of $15 million from a India government portfolio, and another $4 million from the divestment of a data centre business, dragging the organic revenue growth for the quarter to 1.1% sequentially. Excluding the impact of these two accounts, the growth rate would be 5.2%.Mid-tier IT services firm Coforge reported a 63.4% rise year-on-year in net profit for first quarter of fiscal 2027 to Rs. 518.6 crore, although sequentially the profit dropped by 15.3%. The quarter’s sequential profitability was impacted by multiple one-offs, including integration costs worth Rs. 61.3 crore for the $2.35 billion Encora acquisition announced in December 2025.Revenue for the April-June quarter grew by 24.2% from the previousNow Playing
Coforge Q1 profit up 63% to Rs 519 crore; revenue rises 24% - The Economic Times
The company also had a planned exit from two projects in the quarter, impacting revenue of $15 million from a India government portfolio, and another $4 million from the divestment of a data centre business, dragging the organic revenue growth for the quarter to 1.1% sequentially. Excluding the impact of these two accounts, the growth rate would be 5.2%.
TL;DRAI
Coforge's Q1 profit rose 63% YoY to Rs 519 crore, but Rs 61 crore Encora integration costs compressed sequential performance. Exits from India government and data-centre units reduced organic growth to 1.1%, revealing consolidation headwinds for mid-tier IT.
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