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Coforge sees large deals, AI driving growth
Financial Express Kochi
|May 07, 2025
MID-CAP IT SERVICES firm Coforge is projecting strong growth in FY26, buoyed by a steady pipeline of large deals and rising demand for AI-driven solutions.
The company is bullish about its growth prospects despite global macroeconomic uncertainties and tariff-related challenges.
In an interaction with FE, Sudhir Singh, CEO and executive director of Coforge, expressed confidence in the company's momentum, citing broad-based growth and sustained profitability as key drivers.
"I continue to see very strong growth in FY26, despite the headwinds on account of the tariff situation," Singh said.
He added, "We expect a simultaneous expansion in Ebit, which will be material".
The company is banking on consistent large deal activity, with Singh stating, "The number of large deals will continue both in terms of the velocity and the median size to go up in FY26 over FY25".
Coforge ended FY25 with a solid financial performance.
The company posted a 21.2% year-on-year increase in net profit for Q4, reaching ₹261 crore, while revenue rose by 4.7% to ₹3,410 crore.
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