New Delhi & Princeton, May 5, 2025 – Coforge Ltd, a global digital services and IT solutions provider, has wrapped up FY25 with outstanding growth, driven by strong large-deal momentum, cross-vertical expansion, and sustained operational performance. The company reported a 32.0% YoY growth in constant currency (CC) and 33.8% in INR terms, with revenue hitting ₹12,050.7 crore (US$ 1.45 billion). Excluding the divested AdvantageGo business, Coforge continued to demonstrate robust core strength in its ongoing operations.

Strong FY25 Financial Highlights

Coforge saw exceptional financial performance across the board in FY25:

• Revenue reached ₹12,050.7 crore, up 32.0% YoY in CC, 31.5% in USD, and 33.8% in INR.

• EBITDA surged to ₹1,998.2 crore, up 31.7% YoY, showing strong operational efficiency.

• The company's Order Executable Book for the next 12 months stood at $1.5 billion, marking a 47.7% YoY increase.

This growth reflects strong client trust, effective execution, and Coforge’s capability to deliver complex digital transformation initiatives globally.

Q4 FY25: A Quarter of Acceleration

The fourth quarter (Q4 FY25) marked a major leap in performance:

• Revenue stood at ₹3,409.9 crore (US$ 403.5 million), up 4.7% QoQ and 47.1% YoY in INR terms.

• In constant currency, revenue rose 3.4% QoQ and 43.8% YoY, driven by new deal signings and delivery ramp-ups.

• EBITDA came in at US$ 68 million, marking a 32.7% YoY increase, with EBITDA margins improving by 134 bps QoQ to 16.9%.

This quarter saw Coforge sign a record $1.56 billion TCV deal, showcasing the company's ability to secure large-scale, long-term digital engagements.

Robust Deal Momentum and Order Book

The company's ability to maintain a strong pipeline of transformational deals was a defining theme in Q4:

• Order intake for Q4 stood at a record US$2.1 billion.

• The executable order book for the next 12 months surged to $1.5 billion, up 47.7% YoY and 10.3% QoQ.

• 5 large deals were signed in Q4 across key geographies — North America, UK, and APAC.

This exceptional momentum positions Coforge for continued growth in FY26, underpinned by a healthy and expanding large deal pipeline.

Strong Operational Metrics and Talent Strategy

Coforge’s human capital strategy continued to yield results:

• Headcount stood at 33,497, with a net addition of 403 employees in Q4 and a 35.5% increase over the year.

• Attrition dropped to 10.9%, improving 60 bps YoY — among the lowest in the IT industry.

• These figures reflect the company’s employee engagement, culture, and retention strategies.

Dividends and Shareholder Returns

The Board recommended an interim dividend of ₹19 per share, with May 12, 2025, as the record date. This reflects Coforge’s consistent shareholder value creation, backed by strong cash flows and profitability.

Technology Leadership: GenAI and Innovation

Coforge made significant strides in emerging tech capabilities:

• Launched a GenAI Center of Excellence (CoE) in collaboration with ServiceNow.

• The CoE will focus on Agentic AI solutions for BFSI and travel industries, specifically in:

  • Payment systems

  • Fraud detection

  • Dispute management

  • Digital operations resiliency

This initiative marks Coforge's continued investment in next-generation technologies, enabling it to stay ahead in a competitive digital services landscape.

Recognitions and Industry Leadership

In FY25, Coforge received multiple recognitions from top analyst firms and institutions:

• NelsonHall recognized Coforge as a Leader in IT Infrastructure Transformation – Cognitive & Self-Healing, across:

  • Overall services

  • AI capabilities

  • Server-centric services

• Everest Group ranked Coforge as a Leader in BFSI IT Services across both Banking and Insurance domains.

• ISG named Coforge a Leader in Salesforce Ecosystem Services, particularly in:

  • Implementation for Core Clouds

  • AI Agents (Midmarket)

  • Managed Application Services (Midmarket, US)

• ISG also recognized Coforge as a Product Challenger in Global Capability Center (GCC) Services.

These recognitions confirm Coforge’s industry relevance, delivery excellence, and client impact.

Strategic Partnerships and Ecosystem Expansion

In addition to its work with ServiceNow, Coforge was:

• Re-certified as a Pega Global Elite Partner for 2025, for the second consecutive year, indicating its strong performance in Pega-led implementations.

This further validates Coforge’s strategic position in the automation and AI-driven enterprise transformation space.

Commitment to Diversity and Compliance

Coforge also showcased its corporate responsibility and governance focus:

• Recognized by ET Now as one of the ‘Best Organizations for Women 2025’, for promoting gender inclusion and leadership.

• Achieved ISO/IEC 27701 certification from the British Standards Institution (BSI), reinforcing its commitment to data privacy and security compliance.

CEO's Outlook for FY26

Sudhir Singh, CEO and Executive Director of Coforge, stated:

“FY25 was an exceptional year where the firm grew 32.0% in CC terms — driven by 14 large deals and broad-based growth across verticals and geographies… The $1.56 Bn TCV deal signed in Q4, a 47.7% YoY increase in order book, and a growing large-deal pipeline positions us well for strong growth in FY26.”

This underlines Coforge’s confidence in sustaining growth, even amidst a complex global macroeconomic backdrop.

Conclusion

With strong revenue growth, high-value deal wins, improved profitability, and innovation in GenAI, Coforge has positioned itself as a leading digital transformation partner for global enterprises. The company's performance in FY25 reflects its agility, customer-centricity, and technological prowess, setting a high benchmark for FY26.

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