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Coforge has a record deal pipeline but execution is key
Mint Mumbai
|May 08, 2025
Giving an edge
Coforge Ltd has entered FY26 with a record high order intake, setting the stage for another strong year. The total contract value of deal wins for the tier-II IT company surged 174% year-on-year at $2.1 billion for the March quarter (Q4FY25) after it got a big boost from the 13-year mega contract with Sabre worth $1.56 billion.
Coforge signed five large deals in Q4 across North America, the UK, and Asia-Pacific, taking the total for FY25 to 14. Its 12-month executable order book at $1,505 million, surged 48% on-year. The improving bill-to-book ratio aids revenue visibility. Despite an uncertain demand situation, it expects FY26 organic revenue growth to be higher than FY25.
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