Coforge Secures Major Healthcare Deal Outside India in Q4
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CNBC Awaaz•27-01-2026, 16:13
Coforge Secures Major Healthcare Deal Outside India in Q4
- •Coforge Ltd. CEO Sudhir Singh announced a significant deal in the healthcare sector, signed outside India during Q4.
- •The deal is one of the largest for the mid-cap IT services company to date, though not yet officially announced due to the Q3 results call.
- •Healthcare and high-tech segments now contribute 10.5% of total revenue, doubling in size over the last four quarters.
- •Coforge aims for a 15% operating margin (EBIT), with a projected 14% for fiscal year ending March 2026.
- •Operating margin declined to 13.4% in Q3 (Oct-Dec 2025) from 14% due to wage increases and hedging losses.
Why It Matters: Coforge secured a major healthcare deal outside India, signaling growth despite a recent dip in operating margins.
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