Encora integration execution
Integration of Encora may face challenges in achieving synergies and margin targets, with integration expenses expected in Q4 and Q1.
medium · management_commentaryCoforge Ltd — Q3 FY26
Coforge delivered a strong Q3 FY26 with 4.4% sequential CC revenue growth, driven by six large deal wins and a record executable order book of $1.72B, up 30% YoY.
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Hedge losses impacting margins
Hedge losses of INR 434 million in Q3 adversely impacted reported EBIT by 26bps; management is revisiting hedging strategy but no final decision yet.
medium · analyst_questionUnbilled revenue and working capital increase
Unbilled revenues increased due to nature of contracts; while management has guardrails, continued rise could pressure cash flows.
low · analyst_question