Infosys Limited reported its financial results for the quarter ended June 30, 2025 (Q1 FY26), showing muted growth amid weak discretionary spending and macroeconomic headwinds. The company also shared a cautious outlook for the full year FY26.

Q1 FY26 Results:

  • Revenue: ₹38,920 crore, up 0.8% QoQ from ₹38,610 crore in Q4 FY25.

  • Net profit: ₹6,153 crore, up 3.1% QoQ from ₹5,973 crore in Q4 FY25.

  • Operating profit: ₹7,981 crore, up slightly from ₹7,888 crore QoQ.

  • Operating margin: 20.5% vs 20.4% QoQ — stable.

  • Earnings per share (EPS): ₹14.66 vs ₹14.20 QoQ.

While the revenue grew marginally sequentially, cost control and higher other income supported profitability.

FY26 Guidance:

Infosys issued a subdued outlook for FY26:

  • Revenue growth (constant currency): 1% to 3% YoY.

  • Operating margin: Expected to be in the range of 20%–22%.

“Q1 performance is a clear reflection of our unwavering focus on multiple fronts resulting in strong growth at 2.6% QoQ, resilient margins at 20.8% and EPS increase of 8.6% YoY. We continue to leverage Project Maximus to make investments in strategic priorities to drive profitable growth and enhance shareholder value”, said Jayesh Sanghrajka, CFO. “Cash flow conversion was well above 100% for the fifth consecutive quarter. The impact of currency volatility was effectively managed through our proactive hedging strategy”, he added.

Infosys added that it remains confident about its long-term digital transformation opportunities and will continue to invest in capability building and client partnerships.