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Coforge has a record deal pipeline but execution is key
Mint Kolkata
|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.
This story is from the May 08, 2025 edition of Mint Kolkata.
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