Coforge opens Data & AI Lab at IIT (BHU) Varanasi to boost industry-academic collaboration

Coforge Limited on Tuesday, October 28, announced the inauguration of the Coforge Data & AI Lab at IIT (BHU), Varanasi, established under a formal Memorandum of Understanding between Coforge and the institute. The facility is located in the I-DAPT building on the IIT (BHU) campus and covers 980 sq ft.

The lab is equipped to provide students and researchers with an enterprise-style environment. It includes 32 high-end Apple desktops, Azure cloud access, a video conferencing facility and curated learning modules delivered via Percipio. Coforge’s Data and AI experts will provide structured learning and mentorship to users of the lab.

“The Coforge Data & AI Lab aims to serve as a living collaboration model where academic rigor meets industry expertise—bridging the gap between theory and enterprise-grade application. It will also contribute to research publications, open-source development, and skill-building certifications in emerging technologies such as cloud computing and machine learning,” the company said in an exchange filing.

At launch, the lab will back four research projects focused on practical needs: AI-assisted vulnerability detection to strengthen cybersecurity; an AI-powered assistive reading system for people with visual impairment; an IoT and AI-based soil health monitoring system aimed at sustainable agriculture; and a cognitive research initiative that seeks to enhance mathematical abilities of schoolchildren in Varanasi through brainwave-based interventions.

Commenting on the development, Sudhir Singh, CEO & Executive Director of Coforge said, “AI is a game-changing technology, and our goal is to empower students from diverse disciplines with hands-on experience in applying AI to solve real-world challenges. We are thrilled that IIT-BHU students and researchers will leverage AI to address large-scale social issues impacting their city and country.”

Coforge Q2 results

Coforge reported an 18.4% quarter-on-quarter (QoQ) increase in its consolidated net profit to ₹375.8 crore in the second quarter of the current financial year. In the quarter-ago period, the company had clocked a profit of ₹349 crore.

During the quarter under review, its revenue from operations witnessed an 8.05% QoQ growth at ₹3,985.7 crore, compared to ₹3,688.9 crore in the first quarter of the same fiscal year.

In the second quarter of FY26, the company signed five large deals across North America and APAC. Furthermore, its order executable stood at $1.63 billion, marking a 26.7% year-on-year (YoY) growth.

Coforge's board of directors also declared its second interim dividend of ₹4 per equity share with a face value of ₹2 each (fully paid-up).

It also fixed October 31, 2025, as the record date for its pay out.