Coforge posts robust Q2FY26, revenue up 8.1% QoQ, EBIT margin expands 251 bps sequentially

• Q2 revenue increases 8.1% QoQ in INR terms
• Q2 EBIT margin at 14%; expands 251 bps QoQ
• $514 Mn TCV order intake during the quarter
• Order Executable at $1.63 Bn, up 26.7% YoY
• Continued momentum on large deals with 5 large deals signed during the quarter

New Delhi and Princeton, New Jersey, October 24, 2025: Coforge Limited (NSE: COFORGE), a leading global IT solutions and services organization, today announced its financial results for the quarter ended September 30, 2025

Key Financial Highlights

• Revenue: INR 3,986 crore / US$ 462 million
  • Up 8.1% QoQ in INR terms, 5.9% in CC terms, 4.5% in USD terms
  • Up 31.7% YoY in INR terms, 25.7% in CC terms, 26.6% in USD terms
• EBIT margin at 14%, up 251 bps QoQ and 240 bps YoY
• EBITDA: US$ 84 Mn, up 11.5% QoQ and 42% YoY in US$ terms
• EBITDA margin at 18.3%, up 115 bps QoQ and 199 bps YoY
• PAT: INR 376 crores, up 18.4% on a QoQ basis and 86.0% on a YoY basis
• The Board has recommended an interim dividend of INR 4/- per share, and the record date for this payout will be October 31, 2025

“The 8.1% sequential INR growth in Q2, a next twelve-month signed order book which is 26.7% higher YoY, a sales execution engine that signed 14 large deals last year and has already closed 10 large deals in the first half of this year, an EBIT margin expansion of 250 bps QoQ, coupled with one of the lowest employee attrition rates across the industry are all pointers to what we believe will be an exceptional fiscal’26. We remain steadfast in our commitment to turning in the ninth consecutive year of sustained and robust growth despite the uncertain macros.” said Sudhir Singh, Chief Executive Officer and Executive Director, Coforge Ltd

Key Business Highlights

• Order Intake: US$ 514 Mn for the Quarter
• Executable Order Book over next twelve months at $1.63 billion, a 26.7% YoY increase
• Large Deal Momentum: 5 large deals signed this quarter across North America and APAC
• Headcount: stood at 34,896; net addition of 709 sequentially
• Attrition Rate: Maintained at 11.4%, among the lowest in the industry

Recognitions

• ISG positioned Coforge as a Leader in AI-Augmented Workforce Services in ISG’s Future of Work Services 2025 Provider Lens™ Study
• Everest group awarded Coforge the Everest Group Elevate Honor award for the Growth Honor of the year (annual revenue between USD 1 to 5 billion category).
• Avasant positioned Coforge as a Disruptor in Avasant Global Capability Center (GCC) Services 2025 RadarView™
• NelsonHall positioned Coforge as an Innovator in the Employee Workflow Services and the Technology Workflow Services in the NelsonHall’s ServiceNow Services 2025 NEAT.

Partnerships

• Salesforce recognized Coforge as the “Market Expansion Partner of the Year” for year 2025 at the Salesforce Agentforce Partner Summit
• Coforge entered into strategic partnerships with Workato and SnapLogic to expand its Integration and API Management portfolio

Awards

• Coforge was certified as a Great Place To Work® by the Great Place To Work India for the fifth consecutive year
• Coforge was recognized as one of the “Most Preferred Workplaces 2025-26” for the fourth time in a row by Marksmen Daily
• Coforge was declared the Winner of the ‘Golden Peacock Award for Excellence in Corporate Governance’ for the year 2025
• The Coforge Public Library in Gurugram was recognized among the ‘Top 3 CSR Projects of the Year’ at the 2025 India CSR Awards, presented by Brand Honchos

About Coforge

Coforge is a global digital services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients.

A focus on select industries, a deep domain understanding of the underlying processes of those industries and partnerships with leading technology platforms, enables Coforge to be a trusted partner of its clients in their transformation initiatives. Coforge leads with its Product Engineering approach and leverages AI, Cloud, Data, Integration and Automation technologies to transform businesses into intelligent, high growth enterprises. Coforge has 33 global delivery centers and is present in 25 countries.

Contact Information

• Investor Relations: investors@coforge.com
• Media Relations: santanu.b@coforge.com

For more information, visit www.coforge.com

Forward Looking Statements Safe Harbor

This presentation contains forward-looking statements. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Among other things, the outlook for the full fiscal year 2025, the business outlook and quotations from management in this announcement, as well as Coforge’s strategic and operational plans, contain forward-looking statements. Coforge may also make written or oral forward-looking statements in its periodic reports to regulators, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Coforge’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the performance of the Coforge's clients; the successful implementation of its business strategy; its ability to compete effectively; its ability to maintain its pricing, control costs or continue to grow its business; the effects of the novel coronavirus (COVID-19) on its business; the continued service of certain of its key employees and management; its ability to attract and retain enough highly trained employees; and its involvement in any disputes, legal, regulatory, and other proceedings arising out of its business operations. All information provided in this presentation is as of the date of this presentation, and Coforge undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Disclaimer

This communication and the information contained herein is not an offer to sell securities in the United States or elsewhere. The securities of Coforge or any of its subsidiaries and affiliates may not be offered or sold in the United States or to, or for the account or benefit of U.S. person (as such term in defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”)) absent registration pursuant to the Securities Act, or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the issuer and management, as well as financial statements. A Registration Statement on Form F-1 relating to certain securities of Coforge has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. The Form F-1 Registration Statement and all subsequent amendments may be accessed through the SEC’s website at www.sec.gov. Such securities not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective under the Securities Act. Nothing in this communication shall constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or sale would be unlawful.