Infosys Q1 profit up 8.6 pc to Rs 6,921 crore; revenue rises 7.5 pc to Rs 42,279 crore

New Delhi, Jul 23 : Infosys on Wednesday reported an 8.7 per cent increase in consolidated net profit in the June quarter to Rs 6,921 crore, as India’s second-largest IT services firm forecast a 1-3 per cent revenue growth for the full FY26.

Advertisement

The Bengaluru-headquartered firm had logged a net profit (attributable to owners of the company) of Rs 6,368 crore in the year-ago period, according to a regulatory filing.

Infosys’ revenue from operations for the quarter under review increased 7.53 per cent to Rs 42,279 crore, compared to Rs 39,315 crore in Q1 FY25.

Seen sequentially, profit fell 1.5 per cent, while revenue rose 3.3 per cent.

“Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees. Our large deal wins of USD 3.8 billion reflect our distinct competitive positioning and deep client relationships,” Infosys CEO and MD Salil Parekh said.

advertisement

The company has raised the lower end of revenue growth guidance for FY26 – it now stands at 1-3 per cent in constant currency against 0-3 per cent guided at the beginning of the fiscal year.

Shares of Infosys settled 0.90 per cent lower at Rs 1,556 apiece on the BSE on Wednesday. The results were announced after the market closed. (PTI)

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Australia, Jharkhand discuss cooperation in skills, minerals, tourism

Ranchi, Sep 16: Australian Consul-General in Kolkata Bernard Lynch...

Allahabad HC disposes of habeas corpus plea against detention of adult son by father

Prayagraj, Sep 16: The Allahabad High Court on Wednesday...

Twenty-Five Years, One Mission: Nation-Building Under Narendra Modi

By Sarbananda Sonowal Union Minister of Ports, Shipping and Waterways There...

Indian envoy meets Nepal’s foreign minister, discusses bilateral ties

Kathmandu, Sep 16: India's outgoing Ambassador to Nepal Naveen...

Gehlot slams new UPI rules, says move meant for the rich

Jaipur, Sep 16: Former Rajasthan chief minister Ashok Gehlot...

EXCLUSIVE | Manipur’s 36 athletes carry a sporting legacy amid challenging times

By Prarthana Hazarika Imphal, Sept 16: Manipur will have 36...
spot_img

Related Articles

Popular Categories