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Coforge Revenue Soars 53.6% on Acquisitions, AI Demand
23 Oct
Summary
- Coforge reported a 53.6% revenue increase for the second quarter.
- Acquisition of Encora contributed significantly to the revenue growth.
- Strong demand for AI-led engineering, data, and cloud services fueled performance.
Indian IT services provider Coforge announced a substantial 53.6% surge in its second-quarter revenue. This impressive financial performance, as of October 23, 2026, was largely attributed to the successful integration and full-quarter contribution of the acquired engineering-services firm, Encora.
The company's growth trajectory has been significantly bolstered by the increasing market demand for cutting-edge technological solutions. Specifically, Coforge has seen high interest in its AI-led engineering services, alongside its offerings in data management and cloud computing.
This dual strategy of strategic acquisitions and a focus on high-demand technological services has positioned Coforge for continued expansion in the competitive IT sector.