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Coforge announced the launch of Momentuum AI, a specialized operating unit built around the company's Forward Deployed Engineer (FDE) model and designed to help enterprises accelerate AI transformation and deliver measurable business outcomes.
Momentuum AI is a new operating unit designed specifically to execute enterprise AI projects. It enters the market with FDEs and human + agent pods already deployed within multiple global enterprises, an outcome-based pricing model, and a dedicated academy already producing the next generation of AI-native talent.
The division takes its name from a simple belief: Transformation is not instantaneous, but a sustained effort propelled by a constant drive to innovate. Working side-by-side with clients, Momentuum AI's FDEs turn every interaction, insight, and innovation into continuous progress, helping organizations move quickly from ideas to execution and from experimentation to measurable business value.
A critical enabler of the model is the company's AI Operating System, Coforge Nuuron. It provides the intelligence layer that connects enterprise knowledge, workflows, decisions, and actions, enabling Momentuum AI teams to rapidly operationalize business context, deploy AI agents, and accelerate execution across the enterprise.
Coforge Ltd gained for a fifth straight session today. The stock is quoting at Rs 1759, up 2.57% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 24308.35. The Sensex is at 77816.27, up 0.21%. Coforge Ltd has risen around 28.33% in last one month.
Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has risen around 22.57% in last one month and is currently quoting at 31123.1, up 1.48% on the day. The volume in the stock stood at 31.26 lakh shares today, compared to the daily average of 37.22 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 1756.7, up 2.24% on the day. Coforge Ltd is up 0.62% in last one year as compared to a 1.86% drop in NIFTY and a 10.53% drop in the Nifty IT index.
The PE of the stock is 56.73 based on TTM earnings ending June 26.
On a consolidated basis, the company's net profit rose 63.4% YoY to Rs 518.60 crore, while it declined 15.3% sequentially.
Gross revenue increased 49.2% YoY and 24.2% QoQ to Rs 5,527.70 crore in the June 2026 quarter. In US dollar terms, revenue stood at $592.2 million, up 33.3% YoY and 21.1% QoQ.
Gross profit rose 50.4% YoY and 23.8% QoQ to Rs 1,893.40 crore. Gross margin improved to 34.3% from 34.0% in Q1 FY26.
EBITDA climbed 73.6% YoY and 22.5% QoQ to Rs 1,123.30 crore. EBITDA margin expanded 285 basis points YoY to 20.3%.
Profit before tax stood at Rs 702.10 crore in Q1 FY27, up 92.1% YoY and 12.3% QoQ.
Total direct costs rose 48.6% YoY to Rs 3,634.30 crore, led by a 51.8% increase in direct people costs to Rs 2,620.80 crore and a 52.4% rise in subcontractor costs to Rs 592.10 crore. Selling, general and administration expenses increased 25.9% YoY to Rs 770.10 crore, while depreciation and amortisation expense rose 17.2% YoY to Rs 129.40 crore.
During the quarter, Coforge secured $691 million in total contract value (TCV) order intake. Its executable order book for the next 12 months stood at $2.23 billion, up 27% QoQ, while the company signed four large deals across North America, Europe and Latin America. Last twelve months attrition declined to 10.4% from 10.8% in the previous quarter.
Sudhir Singh, chief executive officer and executive director, said the company's strong quarterly performance reflected its differentiated capabilities and execution. He said 86% of revenue now comes from AI-led engineering, data and cloud services, while the robust order book, expanding AI-led pipeline and full operational integration of Encora position the company for another year of industry-leading growth. He added that EBIT margin expanded 414 basis points YoY and EBITDA margin widened 285 basis points due to AI adoption across client delivery and internal operations.
The board also recommended an interim dividend of Rs 4 per share. The record date for the dividend has been fixed as 3 August 2026.
Coforge is an AI-focused engineering services company that combines AI capabilities with industry expertise to develop enterprise solutions. The company integrates AI agents with its delivery teams to improve operational efficiency and focuses on secure, governed AI deployments.
Coforge Ltd gained 4.35% today to trade at Rs 1594.95. The BSE Information Technology index is up 1.1% to quote at 28663.15. The index is up 7.55 % over last one month. Among the other constituents of the index, Mphasis Ltd increased 2.56% and Tata Consultancy Services Ltd added 2.51% on the day. The BSE Information Technology index went down 17.76 % over last one year compared to the 5.02% fall in benchmark SENSEX.
Coforge Ltd has added 6.82% over last one month compared to 7.55% gain in BSE Information Technology index and 0.35% drop in the SENSEX. On the BSE, 58463 shares were traded in the counter so far compared with average daily volumes of 2.31 lakh shares in the past one month. The stock hit a record high of Rs 1988.9 on 08 Dec 2025. The stock hit a 52-week low of Rs 1008.5 on 17 Mar 2026.
Affle 3i Ltd, Lodha Developers Ltd, Mastek Ltd and Hexaware Technologies Ltd are among the other gainers in the BSE's 'A' group today, 28 July 2026.
Coforge Ltd spiked 9.23% to Rs 1669.45 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 10.85 lakh shares were traded on the counter so far as against the average daily volumes of 2.26 lakh shares in the past one month.
Affle 3i Ltd surged 8.71% to Rs 1623. The stock was the second biggest gainer in 'A' group. On the BSE, 1.04 lakh shares were traded on the counter so far as against the average daily volumes of 22985 shares in the past one month.
Lodha Developers Ltd soared 7.06% to Rs 1284.4. The stock was the third biggest gainer in 'A' group. On the BSE, 5.94 lakh shares were traded on the counter so far as against the average daily volumes of 4.43 lakh shares in the past one month.
Mastek Ltd rose 6.81% to Rs 1850. The stock was the fourth biggest gainer in 'A' group. On the BSE, 19281 shares were traded on the counter so far as against the average daily volumes of 14064 shares in the past one month.
Hexaware Technologies Ltd spurt 6.51% to Rs 597.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.48 lakh shares were traded on the counter so far as against the average daily volumes of 2.62 lakh shares in the past one month.