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Coforge Q2 Net Profit Jumps 56.5% to 588 Crore

Coforge reported second-quarter fiscal 2027 net profit of 588.1 crore, up 56.5% year over year, with a full-quarter contribution from its $2.35 billion acquisition of Encora.

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04:15:16 AM UTC
SquawkNews
Coforge Q2 Net Profit Jumps 56.5% to 588 cr on Encora Deal

Bengaluru: Mid-size IT services firm Coforge reported a 56.5% year-on-year increase in net profit to 588.1 crore for the second quarter of the fiscal year 2027, aided by a full-quarter contribution from its acquisition of engineering services firm Encora for $2.35 billion.Sequentially, net profit r…