Coforge Posts 53 Percent Revenue Jump on Encora Deal
Coforge reported a 53.6 percent rise in quarterly revenue following the integration of Encora and strong demand for cloud services. Consolidated net profit grew 56.5 percent year-on-year.
Xurve View
Insights:
Xurve View
COFORGE LIMITED posted a 53.6% rise in second-quarter revenue to 61.71 billion rupees ($649.99 million) on Friday afternoon. The India-based IT services provider benefited from the integration of Encora and robust demand for AI-led engineering. The strong performance highlights how major outsourcing firms are capturing technology-transformation contracts across the United States and international markets.
