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Coforge Ltd

Q3 FY25IT - Software

Coforge Q3 FY25 earnings call: Revenue & Margins

Q3 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹1,892
Market cap₹80.3K Cr
P/E41.9
Updated23 Aug 2026
Read4 min read

The short version

Coforge anticipates robust and sustained growth, with revenue growing 40.3% YoY in constant currency in Q3 and sequential CC growth of 8.4% in a seasonally weak quarter. Coforge is entering its eighth year of sustained robust growth, with management confident they are "just getting started" (Page 17).

From Coforge Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Coforge anticipates robust and sustained growth, with revenue growing 40.3% YoY in constant currency in Q3 and sequential CC growth of 8.4% in a seasonally weak quarter.
  • The company expects continued strength across all geos, verticals, and service lines, avoiding over-reliance on any single segment.
  • Large deal pipeline is strong with four large deals signed in the quarter, including in the Cigniti client portfolio.
  • The 12-month signed order book has increased over 40% YoY to $1.37 billion, supporting confidence in future growth.
  • Median size of large deals being pursued is higher than historical levels, driven by focus on AI-infused legacy modernization and functional expertise.

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Profitability & Margins

See what Coforge Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Coforge is actively investing in expanding its AI and GenAI capabilities, with over 30 AI-related service offerings.
  • Significant investment in the Quasar AI platform to help clients deploy agentive AI applications.
  • Formation of a Global Capability Centres (GCC) Centre of Excellence to assist clients in setting up and scaling GCCs.
  • Internal investments include upskilling the workforce, with 95% certified in AI tools and foundational AI concepts under the AI Spark initiative.
  • Investment in AI innovation lab focused on edge AI computing and large dataset processing for pharma and healthcare.

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Top-ranked in IT - Software

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
Rev 2Mar 1
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Coforge Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The executable order book of Coforge has increased from $1.3 billion in the previous quarter to $1.37 billion in the current quarter.
  • This represents a 40.1% increase compared to the same period last year.
  • The 12-month signed order book now stands at $1.37 billion.
  • The firm has closed four large deals during the quarter, including one in the Cigniti client portfolio.

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Coforge Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹4.5K Cr, net profit ₹666 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Coforge Ltd Q3 FY25 results?

Coforge anticipates robust and sustained growth, with revenue growing 40.3% YoY in constant currency in Q3 and sequential CC growth of 8.4% in a seasonally weak quarter. Coforge is entering its eighth year of sustained robust growth, with management confident they are "just getting started" (Page 17).

What is Coforge Ltd share price analysis?

Coforge Ltd currently shows a neutral. The stock trades at a P/E of 41.9 with a market cap of ₹80,257 Cr. Investors should review the full earnings analysis for detailed insights.

Is Coforge Ltd planning capital expenditure?

Coforge is actively investing in expanding its AI and GenAI capabilities, with over 30 AI-related service offerings.

Keep Coforge Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.