Infosys Reports 9% YoY Growth in Q1 Net Profit
Infosys is India’s second-largest IT services exporter. The company has reported a 9% year-on-year (YoY) growth in its consolidated net profit for the first quarter ended June. The company’s net profit rose to Rs 6,921 crore.
Key Highlights:
- Revenue Growth: Revenue from operations increased 8% YoY to Rs 42,279 crore.
- Constant Currency Growth: Revenue growth in constant currency (CC) terms was 3.8% YoY and 2.6% QoQ.
- Deal Wins: The company won deals worth $3.8 billion, with 55% being net new.
Segment-wise Performance:
- Financial Services: 5.6% CC growth
- Manufacturing: 12.2% CC growth
- Retail: Flat growth at 0.4%
- Hi-tech: 1.7% CC growth
Guidance and Outlook:
- Revenue Growth: Infosys has upped its lower end of revenue growth guidance to 1-3% in constant currency for FY26.
- Operating Margin: The company expects operating margin to hover around 20-22% for the rest of FY26.
Other Key Metrics:
- Free Cash Flow: Strong free cash flow generation of $884 million.
- Headcount: Total headcount at the end of June quarter was 323,788, almost flat compared with Q4 of FY25.
