Infosys has announced a 9% increase in net profit for Q1 FY26, reaching ₹6,921 crore, surpassing analyst expectations. The company's revenue from operations grew by 7.5% year-on-year to ₹42,279 crore, driven by enhanced client spending and new deals, particularly in Europe. Infosys secured 28 large deals valued at $3.8 billion, with significant contributions from the banking and financial services sector.
Despite a slight decline in operating margin to 20.8%, Infosys maintained profitability through cost control and AI-driven efficiency improvements. The company has raised its revenue growth guidance for FY26, reflecting increased confidence amid global challenges. These results are seen as a positive indicator for the Indian IT sector.Source:Show Original
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