AIThe Next Webabout 2 hours ago
Coforge credits AI for margin expansion
1 min read
Coforge reported Q1 revenue of $592.2 million, up 33% year over year, with EBIT margin reaching 16.0%. CEO Sudhir Singh attributed the 414 basis point margin gain to AI infusion in client delivery and internal operations. Rivals like HCL Technologies warn of AI deflation.
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