Coforge closes FY25 with 32% growth in constant currency, signs record $2.1 billion deals in fourth quarter

Coforge Limited , a global digital services and IT solutions provider, has delivered a strong performance in the financial year ended March 31, 2025, clocking 32% year-on-year growth in constant currency terms for its continuing business. Revenue stood at ₹12,050.7 crore ($1.45 billion), while adjusted EBITDA rose 31.7% year-on-year to ₹1,998.2 crore, according to the company’s regulatory filing and investor presentation.

The board recommended an interim dividend of ₹19 per share, with May 12 as the record date.

In the fourth quarter, revenue reached ₹3,409.9 crore ($403.5 million), marking a 47.1% year-on-year increase in INR terms and a 43.6% increase in USD terms. The company’s adjusted EBITDA for the quarter came in at ₹6,364 million, reflecting 10.6% sequential growth and a 42.9% jump over Q4 FY24. Net profit (PAT) stood at ₹3,059 million, a 32.8% year-on-year increase.

One of the key highlights was the closure of five large deals in Q4, including a $1.56 billion total contract value (TCV) agreement, contributing to a record order intake of $2.1 billion in the quarter. The executable order book for the next 12 months now stands at $1.5 billion, up 47.7% year-on-year, reinforcing visibility for future growth.

“FY25 was an exceptional year,” said Sudhir Singh, CEO and Executive Director of Coforge. “Our ability to deliver this performance amid macro uncertainty reflects the strength of our client relationships, execution discipline, and deal momentum.”

Growth was well distributed across geographies and verticals. The Americas contributed 53.9% to FY25 revenue, followed by EMEA at 34.7%. Banking and Financial Services (BFS), Insurance, and Travel and Hospitality accounted for over 67% of total revenue.

The company added 47 new clients during the year, taking the total number of clients with revenue exceeding $10 million to 31, up from 24 a year ago. Repeat business stood at 94%, underscoring client stickiness and service reliability. Coforge ended the year with a global headcount of 33,497, adding 8,771 employees during FY25. The attrition rate was 10.9%.

The company launched a GenAI Center of Excellence in collaboration with ServiceNow and received multiple recognitions, including leadership rankings from NelsonHall, Everest Group, and ISG for capabilities across BFSI, Salesforce ecosystems, and cognitive IT infrastructure.