
IT major Infosys on Thursday reported a 13.2 per cent rise in consolidated net profit at Rs 7364 crore for the quarter ended September 30 driven by strong large deal wins. The company had posted a net profit of Rs 6506 crore in the same period last year. Revenue from operations rose 8.6 per cent to Rs 44490 crore in the September quarter compared to Rs 40986 crore a year earlier. Infosys also revised its FY26 revenue growth guidance in constant currency terms raising the lower end of the range to 2-3 per cent from the earlier projection of 1-3 per cent made in the June 2025 quarter. Infosys CEO Salil Parikh On Q2 Results The company posted a marginal decline in operating margin to 21 per cent on a year-on-year and quarterly basis. We had a strong performance in Q2. Our operating margin was 21 per cent. Deals were at USD 3.1 billion out of which 67 per cent were net new work. In addition we announced a mega deal worth USD 1.6 billion after the close of the quarter. We have added 8000 employees during the quarter Infosys MD and CEO Salil Parikh said. The free cash flow generation was 131 per cent of net profit to Rs 9677 crore and TCV (total contract value) of large deal wins was USD 3.1 billion (about Rs 27525 crore). The company bagged deals worth USD 2.4 billion in the September 2025 quarter. The financial services segment the biggest contributor in Infosys revenue at 27.7 per cent grew by 5.6 per cent. The manufacturing segment revenue increased 9.3 per cent energy and utilities by 2.4 per cent communications 5.7 per cent and the hi-tech segment surged 8.3 per cent. Its retail segment revenue declined marginally and the life sciences dipped 8.9 per cent. Infosys CEO Salil Parikh On H1B Visa Fee When asked about the impact of H1B visa fee to USD 100000 Parikh hinted at increasing local hiring and said the number of people who require Infosys sponsorship for immigration in the US is a minority. The majority of the people dont require it from our perspective. Second weve built a large number of centres and hubs which are focused on digital on innovation on technology and AI in the US. We have relationships with universities we have a training facility there. With all of that in mind we are clear today that we will work with our clients without any disruption to their services and into the future he said. Revenues from North America increased 1.7 per cent to account for 56.3 per cent of the total earnings during the reported quarter. Infosys business in Europe rose 10.6 per cent accounting for 31.7 per cent of the company’s total revenue while India business contributed 2.9 per cent to the total business.
-
Pakistan Foils Suicide Attack On Army Camp In Khyber Pakhtunkhwa; 4 Terrorists Killed
-
Ex-Trump Advisor John Bolton Pleads Not Guilty To Mishandling Classified Documents
-
Ex-Chelsea star's agent drops Real Madrid transfer bombshell - 'There was a chance'
-
Dormice, otters and other rare wildlife 'at risk' from latest planning reforms
-
Tech hacks: Here's how you can speed up your smartphone