Coforge Revenue Jumps 53.6% as Encora Acquisition Boosts Growth
What Happened
Indian IT services company Coforge reported a 53.6% year-on-year revenue increase for the quarter ended September 30, 2026. Reuters attributed the growth to a full-quarter contribution from acquired engineering-services firm Encora and demand for AI-led engineering, data and cloud services. Coforge's consolidated revenue reached approximately ₹6,171 crore, according to financial results reported from its exchange filing.
Key Takeaways
Encora's integration contributed to Coforge's reported revenue growth, alongside demand for digital engineering services. However, acquisition-led growth should not be confused with growth from existing operations alone.