Coforge raises FY27 EBIT margin guidance to 16% on record deal momentum
Coforge posted 10.9% combined sequential constant-currency growth in Q2 and lifted its FY27 margin outlook, citing AI efficiencies and deal activity.
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what happened
According to TradingView, Indian IT services firm Coforge reported combined sequential constant-currency growth of 10.9% in the second quarter. The company recorded its highest deal activity on record and a 16% EBIT margin.
On that basis, management raised its FY27 margin guidance. AI adoption and the integration of Encora are central to both the growth and the margin outlook.
why it matters
For markets, the update suggests AI-driven efficiencies are starting to show up in IT services margins. It concerns one company, but it may support investor interest in the broader sector.
market impact
Nifty IT: Coforge's margin gains support interest in Indian IT services stocks
tags
instruments
sources
- COFORGE: Record deal momentum and AI efficiencies lifted FY27 EBIT guidance to 16% — TradingView, 23 October 2026 at 14:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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