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Coforge eyes $2-billion revenue run rate by Q4

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Coforge has set a target of hitting $2 billion in annualised revenue run rate by the fourth quarter of this fiscal, the IT services company’s management said in its Investor Day on Monday.

It prompted at least four major brokerages to issue reports on Coforge, betting that a mix of AI-led transformation, proactive large deals and focused bets in select verticals will keep it among the fastest-growing IT services firms despite a still-uneven demand environment.

While Coforge’s management pointed out that tech spending is being reinvented rather than…

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