Debasis Mohapatra
Bengaluru, 17 August 2025
Persistent Systems & Coforge remained the two fastest growing mid-tier IT firms in April-June quarter of current financial year (Q1FY26).
Here is a snapshot.
Q1FY26 Performance comparison:
| Particulars | Coforge | Persistent |
| Revenue | $442.4 million | $389.7 million |
| Revenue Growth YoY | 54.5% ↑ | 18.8% ↑ |
| Operating Margin | 17.5% | 15.5% |
| Operating Margin QoQ | 61 basis points ↑ | 10 basis points ↓ |
| Deal Pipeline | $507 million | $520.8 million |
| Total Headcount | 34,187 | 25,340 |
| Headcount Rise/Fall QoQ | 1,164 ↑ | 746 ↑ |
