Coforge has reported strong third-quarter results, with net profit rising 71.2% year-on-year to ₹364 crores and consolidated revenues increasing 28.5% to ₹4,188 crores. The company secured orders worth $593 million during the quarter, with its executable order book standing at $1.72 billion. The results follow Coforge's $2.35 billion acquisition of Encora through a share swap deal. Encora's shareholders will receive approximately 20% of the combined entity's stock. The acquisition is expected to make Coforge India's seventh-largest IT firm upon closing in six months. Coforge's total debt stands at ₹2,925 crores as of December 2025 and plans to raise up to ₹5,000 crores through bridge loans or qualified institutional placement to retire Encora's liabilities. The company announced a ₹4 interim dividend per share.

Coforge inks $2.35 bn deal to acquire Encora; contrasting outcomes for Advent, Warburg Pincus. Indian IT services provider Coforge said Friday it has signed a definitive agreement to acquire Encora, a United States-based firm that provides artificial intelligence (AI)-driven engineering services, from private equity groups Advent International and Warburg Pincus at an enterprise value of $2.35 billion. Under the deal structure, Coforge will fund the acquisition...

Coforge plans to acquire Encora for $2 Billion; stock in focus. Coforge Ltd. is planning to acquire Encora in a transaction that has an aggregate value of $2 Billion, sources stated. This development comes ahead of the company's board meeting later today for considering a fund raise proposal. Following this meeting, the company will also convene an analyst meeting. At around 9.54 AM, Coforge was trading 0.89% lower at ₹1,722.30 per share against the previous close of ₹1,737.70 on NSE. The counter touched an intraday high and low of ₹1,744.70, and ₹1,711, respectively. Currently, private equity firm Advent International owns Encora. Advent acquired the stake in 2021. It bought the stake from Warburg Pincus at a valuation of approximately $1.5 Billion. Warburg helped the company scale its offshore delivery footprint and deepen its exposure to US enterprise clients during its earlier growth phase. Later it exited as the business matured into a global digital engineering platform. Encora is engaged in digital engineering and product development services. Its capabilities span across cloud-native applications, data engineering, platform modernisation, and enterprise software development. The company marks a robust presence in North America. In 2024, Coforge acquired Cigniti Technologies at a transaction value of ₹2,000 Crore. The company has completed that through QIP. * Coforge Ltd * Coforge Ltd news * Coforge Ltd share price * Coforge Ltd. Acquisition * Coforge Ltd. News Today * Coforge Ltd. Stock * Coforge Ltd. Updates