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Coforge CEO says AI will disrupt IT yet expand the market not shrink it
Technology
Published on 7 May 2026
Net profit doubled as AI creates new high margin work
Coforge’s CEO argues AI is reshaping traditional IT services but won’t shrink the overall market. The company reported strong March quarter results, including net profit doubling. Coforge says AI is generating new high-margin business opportunities, likening the shift to earlier cloud migration waves, with expectations of wider market expansion and better margins as adoption grows.
- Coforge views AI as a growth driver, not a market threat
- March quarter net profit doubled for the company
- AI is creating new high margin business similar to cloud migration
- Margins and market size are expected to improve with adoption
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times