Coforge closes an exceptional FY25 with 32.0% CC growth
New Delhi and Princeton, New Jersey, May 6, 2025: Coforge Limited (NSE: COFORGE), a leading global IT solutions
and services organization, today announced its financial results for the quarter and year ended March 31, 2025
FY25 – Key Financial Highlights
● Revenue: INR 12,050.7 crore / US$ 1.45 Bn: Up 32.0% YoY in CC terms, 31.5% YoY in USD terms, 33.8% YoY in INR terms
● EBITDA: INR 1,998.2 crore, up 31.7% YoY
Q4 FY25 – Key Financial Highlights
● Revenue: INR 3,409.9 crore / US$ 403.5 million
§ Up 3.4% QoQ in CC terms, 3.3% in USD terms, 4.7% in INR terms
§ Up 43.8% YoY in CC terms, 43.6% in USD terms, 47.1% in INR terms
● EBITDA: US$ 68 million, up 12.2% QoQ and 32.7% YoY in US$ terms; EBITDA margin at 16.9%, up 134 bps QoQ
● The Board has recommended an interim dividend of INR 19/- per share, and the record date for this payout
will be 12 May, 2025
“FY25 was an exceptional year where the firm grew 32.0% in CC terms —driven by 14 large deals and broad-based growth in all of our verticals and geo-based businesses. Our ability to deliver this very strong performance in an uncertain macro environment demonstrates the strength of our client relationships, the commitment and competence of our team members, and an execution discipline which is uniquely ours.
The $1.56 Bn TCV deal signed in Q4, a 47.7% YoY increase in the order executable book for next twelve months, and a growing large deals pipeline positions us well for strong growth in FY26.” said Sudhir Singh, Chief Executive Officer and Executive Director, Coforge Ltd.
Q4 FY25 – Key Business Highlights
● Order Intake: US$2.1 Bn for the Quarter
● Executable Order Book over next twelve months: at $1.5 billion, a 47.7% YoY increase and a 10.3% QoQ increase
● Large Deal Momentum: 5 large deals signed this quarter across North America, UK, and APAC
● Headcount: stood at 33, 497; net addition of 403 sequentially. Headcount has increased 35.5% since the beginning of the year
● Attrition Rate: Maintained at 10.9%, improved by 60 bps YoY and among the lowest in the industry
● Launched a GenAI Center of Excellence in collaboration with ServiceNow to develop Agentic AI solutions for financial services and travel industries
Recognitions
● NelsonHall recognized Coforge as a Leader within the IT Infrastructure Transformation: Cognitive & Self- Healing NEAT in 3 market segments – Overall, AI Capabilities, Server-Centric Services Capability.
● Everest recognized Coforge as a Leader in BFS in Everest Group’s Banking, Financial Services, and
Insurance (BFSI) IT Services Specialists PEAK Matrix® Assessment 2025
● Everest recognized Coforge as a Leader in Insurance in Everest Group’s Banking, Financial Services, and
Insurance (BFSI) IT Services Specialists PEAK Matrix® Assessment 2025
● ISG recognized Coforge as a Leader in the ISG Provider Lens™ Quadrant study on ‘Salesforce Ecosystem Partners 2025’ for Implementation Services for Core Clouds and AI Agents — Midmarket quadrant in the US and UK regions, and in Managed Application Services – Midmarket quadrant in the US region
● ISG recognized Coforge as a Product Challenger in GCC Design & Setup and Optimization & Enhancement quadrants in the ISG Provider Lens™ Global Capability Center (GCC) Services 2025
Partnerships
● Coforge achieved Pega Global Elite Partner status for 2025 for the second year in a row. This prestigious recognition underscores our exceptional capabilities in delivering Pega-led solutions.
● Coforge launched a GenAI Center of Excellence in collaboration with ServiceNow to develop Agentic AI solutions for financial services and travel industries. The CoE will serve as the foundation for Coforge to accelerate clients’ journey with ServiceNow platform, especially in the areas of payment, fraud detection, dispute management and digital operations resiliency
Awards
● Coforge was recognized by ET Now as one of the ‘Best Organizations for Women 2025’ for demonstrating excellence in fostering a workplace culture that empowers women and promotes gender equality
● Coforge successfully achieved the ISO/IEC 27701 certification from The British Standards Institution (BSI)
