Coforge's 2030 plan is bold. Now it needs global macros to turn favourable for IT sector
New Delhi, June 18 -- Coforge is looking to double revenue from about $2.6 billion in FY27 to $5 billion by FY30, and also improve profitability and free cash flows. The target implies a revenue CAGR (compound annual growth rate) of around 19% over FY26-FY30, led by annual organic growth of 15%. This factors in Encora and other potential acquisitions.
The next leg of growth will be driven by scaling existing franchises and artificial intelligence (AI) led opportunities, Coforge said at its Investors Day 2026. Revenue of key verticals, banking and financial services, and travel, is seen expanding from $625 million to $1 billion and from $511 million to $850 million, respectively, in this span.
Disciplined acquisitions remain central to C...
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