Home / Business and Economy / Coforge Q3 Results: Order Book Soars 30% Amid Steady Revenue
Coforge Q3 Results: Order Book Soars 30% Amid Steady Revenue
23 Jan
Summary
- Coforge's executable order book surged over 30% year-over-year.
- Revenue reached $478.2 million, meeting street expectations sequentially.
- The company approved an interim dividend of ₹4 per share.
Technology services provider Coforge announced its December quarter financial results on January 23, 2026, which were largely in line with analyst expectations.
Revenue in US dollars stood at $478.2 million, marking a 3.5% sequential increase. The company's order intake during the quarter was $593 million, contributing to an executable order book that has grown by over 30% year-on-year to $1.72 billion.
Earnings Before Interest and Tax (EBIT) remained stable at ₹559.4 crore, though margins narrowed slightly to 13.4%. Coforge's CEO expressed confidence that the integration with Encora will drive sustained outperformance.
The board also approved an interim dividend of ₹4 per share, with the record date set for January 31, 2026. The IT attrition rate was reported at 10.9% at the quarter's end.
