Coforge has announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company reported a revenue of ₹38,120 Mn for the standalone operations in Q2 FY27. Additionally, Coforge has appointed Price Waterhouse Chartered Accountants LLP as its new statutory auditor for a term of 5 years, commencing from the 35th AGM in 2027.
Coforge Approves Q2 FY27 Financial Results
The Board of Directors of Coforge Limited, at its meeting on October 23, 2026, officially approved the company’s unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2026. The company also received unmodified limited review reports from its statutory auditors, S R Batliboi & Associates LLP.
Standalone Financial Highlights (Q2 FY27)
For the standalone operations, Coforge reported total income of ₹38,844 Mn for the quarter ended September 30, 2026. Revenue from operations stood at ₹38,120 Mn. Total expenses for the quarter were ₹35,702 Mn, leading to a profit before exceptional items and tax of ₹3,142 Mn. Profit for the period from operations after tax was ₹2,103 Mn.
Consolidated Financial Highlights (Q2 FY27)
On a consolidated basis, Coforge reported total income of ₹61,952 Mn for the quarter ended September 30, 2026, with revenue from operations at ₹61,708 Mn. Total consolidated expenses were ₹53,406 Mn. The profit for the period from continuing operations after tax was ₹6,049 Mn.
New Statutory Auditor Appointed
In a significant governance update, the Board, upon the recommendation of the Audit Committee, has approved the appointment of Price Waterhouse Chartered Accountants LLP as the company’s statutory auditors. This appointment is for a term of 5 years, commencing from the conclusion of the 35th AGM in 2027 until the conclusion of the 40th AGM in 2032, subject to shareholder approval.
US Entity and Subsidiary Liquidation
Coforge also announced the in-principal approval to set up a new entity, Momentuum Blue, in the USA, aimed at building a talent pool of Forward Deployed Engineers. Furthermore, the Board took note of the voluntary liquidation of its step-down wholly-owned subsidiary in Italy, Digital Mobile Innovations Italy S.R.L., to streamline the entity structure and enhance operational efficiency. This liquidation process has been completed.
Source: BSE
