Coforge has appointed Akhil Gupta as its new Chairperson, with his term starting on September 29, 2026, and lasting for five years. This decision follows a thorough global search by the company's board to find a leader with strong governance and strategic expertise. Akhil Gupta brings more than 40 years of experience to the role, having previously served as Vice Chairman of Bharti Enterprises.
- Akhil Gupta's appointment begins September 29, 2026, for five years.
- Gupta has over 40 years of experience, including leadership at Bharti Enterprises.
- Coforge reported a 110% year-on-year profit increase in Q1 FY27.
- The company’s revenue grew 49% year-on-year in the same quarter.
- Coforge’s market capitalization stood at ₹78,881.11 crore as of September 29, 2026.
Who is Akhil Gupta and what experience does he bring?
Akhil Gupta has a distinguished career spanning more than four decades. He was the Vice Chairman of Bharti Enterprises, where he played a key role in the company's growth since its inception. Additionally, Gupta serves as Chairman of the Board for 360 ONE WAM Ltd and Bharti Life Insurance Ltd. He is also a board member of several companies, including Zepto, Snapdeal, Eutelsat Communications, and Lodha Developers. His extensive leadership and governance experience made him the unanimous choice for Coforge’s Chairperson.
How was the selection process for the new Chairperson conducted?
The selection process was rigorous and global in scope. Coforge’s board, led by interim Chairperson Vivek Sharma, partnered with Egon Zehnder to identify candidates with strong governance experience, professional expertise, and strategic vision. Starting with a list of 60 candidates, the board carefully evaluated each one, ultimately selecting Akhil Gupta unanimously. The process involved collaboration across time zones and weekends to ensure thorough assessment and compliance with governance standards.
What are the recent financial highlights of Coforge?
In the first quarter of the 2026-27 financial year, Coforge reported a profit after tax (PAT) of ₹518.6 crore, which is a 110% increase compared to the same quarter last year. In US dollar terms, PAT was $55.6 million, up 46% year-on-year. The company’s revenue for the quarter was ₹5,527.7 crore, marking a 49% increase year-on-year. Revenue in US dollars stood at $592.2 million, a 33% rise compared to the previous year. These figures demonstrate strong growth for the mid-tier IT company.
How has Coforge’s stock performed recently?
As of September 29, 2026, Coforge’s shares were trading slightly higher at ₹1,780.40 per equity share. The stock has seen a decline of over 1% in the past week and 12% over the last month. However, on a year-to-date basis, the shares have increased by 7%. The stock reached a 52-week high of ₹2,021.20 on August 31, 2026, and a 52-week low of ₹1,008.10 on March 17, 2026. Coforge’s market capitalization stood at ₹78,881.11 crore on the same date.
What do company leaders say about Akhil Gupta’s appointment?
Vivek Sharma, Non-Executive Director and interim Chairperson, expressed excitement about bringing an exceptional candidate like Akhil Gupta on board. Sharma highlighted the thorough search process and the unanimous support from the board. Sudhir Singh, CEO and Executive Director of Coforge, noted Gupta’s instrumental role in Bharti Enterprises’ success and expressed optimism about Gupta’s leadership as Coforge navigates the AI-driven future. Singh emphasized the opportunities ahead and the value Gupta’s governance experience brings to the company.
