Coforge Shares Surge 5% on Oct 27, Post Strong Q2FY26 Results and Robust Outlook

Shares of Coforge Ltd. opened sharply higher on Monday, October 27, following the company’s better-than-expected performance in the September quarter (Q2FY26). The stock gained as much as 5% in early trade after the IT firm reported solid growth in revenue, profits, and order inflows, signalling sustained business momentum.

Q2FY26 Performance Highlights

Coforge delivered a strong 5.9% growth in revenue, supported by robust deal execution and foreign exchange gains. Net profit for the quarter stood at ₹376 crore, surpassing market estimates of ₹357 crore. Operating performance also improved, with EBIT margins expanding by 80 basis points sequentially to 14%, outperforming expectations of 13.7%.

The company reported order wins worth $514 million during the quarter, taking its total order book to $1.63 billion, underlining continued client confidence and visibility. Management reiterated that the second half of the fiscal year typically sees stronger performance, particularly in the fourth quarter, backed by a healthy deal pipeline.

Coforge Business Outlook

Coforge stated that it is well-positioned to maintain an EBIT margin of around 14% for the full year, but emphasised that its primary focus remains on driving growth rather than margin expansion.

Free cash flow conversion remained healthy at 84% during Q2, with the company expecting FCF to sustain in the 70–80% range of profit after tax going forward.

Coforge Share Price Performance

As of 10:13 AM on October 27, 2025, shares of Coforge Ltd were trading at ₹1,837.10, up ₹77.10 or 4.38% from the previous close of ₹1,760. The stock opened firm at ₹1,850.00 and touched an intraday high of ₹1,866.60, while the low stood at ₹1,820.00. The volume-weighted average price (VWAP) was reported at ₹1,840.78, indicating strong buying interest throughout the session.

Read More: Best Artificial Intelligence Stocks for November 2025: Persistent, Saksoft, and More Based on 5-Year CAGR.

Conclusion

Coforge’s strong quarterly numbers and upbeat guidance for the remainder of FY26 have reinforced market confidence in the company. The robust order book, margin stability, and disciplined cash flow management underline its operational strength.

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