Infosys reported a consolidated net profit of ₹6,921 crore for the first quarter of FY26, an increase of 8.6% year-on-year. Revenue from operations grew by 7.5% to ₹42,279 crore. The company's board took the audited interim condensed consolidated financial statements for the quarter ended June 30, 2025, on record at its meeting held on July 23, 2025.
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 | YoY Change | QoQ Change |
|---|---|---|---|---|---|
| Revenue from operations | 42,279 | 40,925 | 39,315 | 7.5% | 3.3% |
| Other income, net | 1,042 | 1,190 | 838 | 24.3% | -12.4% |
| Total Income | 43,321 | 42,115 | 40,153 | 7.9% | 2.9% |
| Employee benefit expenses | 22,847 | 22,015 | 20,934 | 9.1% | 3.8% |
| Cost of technical sub-contractors | 3,497 | 3,276 | 3,169 | 10.3% | 6.7% |
| Travel expenses | 516 | 520 | 478 | 8.0% | -0.8% |
| Cost of software packages and others | 3,746 | 3,899 | 3,455 | 8.4% | -3.9% |
| Communication expenses | 144 | 147 | 147 | -2.0% | -2.0% |
| Consultancy and professional charges | 464 | 301 | 445 | 4.3% | 54.2% |
| Depreciation and amortisation expenses | 1,140 | 1,299 | 1,149 | -0.8% | -12.2% |
| Finance cost | 105 | 102 | 105 | 0.0% | 2.9% |
| Other expenses | 1,122 | 893 | 1,250 | -10.2% | 25.6% |
| Total expenses | 33,581 | 32,452 | 31,132 | 7.9% | 3.5% |
| Profit before tax | 9,740 | 9,663 | 9,021 | 8.0% | 0.8% |
| Tax expense: Current tax | 3,053 | 2,784 | 2,998 | 1.8% | 9.7% |
| Tax expense: Deferred tax | (237) | (159) | (351) | -32.5% | 49.1% |
| Profit for the period | 6,924 | 7,038 | 6,374 | 8.6% | -1.6% |
| Basic (in per share) | 16.70 | 16.98 | 15.38 | 8.6% | -1.6% |
| Diluted (in per share) | 16.68 | 16.94 | 15.35 | 8.7% | -1.5% |
Financial Performance
In constant currency terms, revenues grew by 3.8% year-on-year and 2.6% quarter-on-quarter. Reported revenues reached ₹42,279 crore, a growth of 7.5% year-on-year. The operating margin stood at 20.8%, a decline of 0.3% year-on-year and 0.2% quarter-on-quarter. Basic EPS increased by 8.6% year-on-year to ₹16.70. Free cash flow (FCF) was ₹7,533 crore, a decline of 17.7% year-on-year, with FCF conversion at 108.8% of net profit.Segment Reporting
The company provided a breakdown of revenue by business segment:- Financial Services: ₹11,614 crore
- Manufacturing: ₹6,527 crore
- Energy, Utilities, Resources and Services: ₹5,308 crore
- Retail: ₹5,440 crore
- Communication: ₹4,798 crore
- Hi-Tech: ₹3,397 crore
- Life Sciences: ₹2,765 crore
- All other segments: ₹1,076 crore
