New Delhi, Oct. 24 -- Coforge Ltd reported the fastest growth among nine of the country's 15 largest information technology (IT) services companies which have declared earnings so far. This marks the fifth straight quarter of outperformance for the company, as banks and travel firms continued to drive growth in a challenging macroeconomic environment.
India's seventh-largest IT outsourcer ended the September quarter with $462 million in revenue, up 4.5% sequentially and 26.6% on an annual basis.
With this, Noida-based Coforge, which jumped three places in Indian IT's pecking order within a year, also exceeded analysts' expectations. According to a Bloomberg poll of 26 analysts, Coforge was expected to report $461.6 billion in revenue fo...
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