Infosys Q4 results: India’s second largest IT services firm, Infosys, on Thursday reported a 20.8 per cent increase in consolidated net profit to Rs 8,501 crore for the January to March quarter, while projecting revenue growth of 1.5 to 3.5 per cent for FY27. The company said its outlook is supported by continued traction in financial services, utilities and artificial intelligence offerings.Senior management noted that the year began on a strong footing but highlighted a shift in the economic backdrop due to tensions in West Asia, adding that conditions now appear to be stabilising.Revenue from operations rose 13.4 per cent year-on-year to Rs 46,402 crore in Q4 FY26, compared with Rs 40,925 crore in the same period last year. For the full financial year 2025-26, net profit grew 10.2 per cent to Rs 29,440 crore, up from Rs 26,713 crore in the previous year, while revenue increased 9.6 per cent to Rs 1,78,650 crore.For FY27, the company has guided for revenue growth in the range of 1.5 to 3.5 per cent in constant currency terms.“We had strong growth in financial services, in communications, and in manufacturing from the industry side and in Europe from the geography side. As we look ahead to the financial year 2027, we see large opportunities in AI services. We expect acceleration of growth in financial services and in the energy, utility, resources and services vertical. “With the Iran war, there was a change in the economic environment…(but) there seem to be paths towards things stabilising. What we understand, (through) talking to people in the market and the clients, is that the underlying resilience of some of the economies where we have big markets is pretty good. The economies are doing well. There are good investments. AI is growing well,” said Salil Parekh.Despite the earnings, the company’s American depositary receipts declined about 5 per cent in US pre-market trading.Peers have also pointed to an uncertain macro environment marked by geopolitical risks and concerns around artificial intelligence. HCLTech has flagged volatile demand conditions influenced by tariffs and weaker discretionary spending, while Wipro described the challenging macro backdrop as a persistent trend.Infosys’ total workforce stood at 3,28,594 at the end of Q4 FY26, reflecting a sequential decline of 8,440 employees from the previous quarter, but an increase of 5,016 compared to the year-ago period.Chief Financial Officer Jayesh Sanghrajka attributed the quarter-on-quarter variation to softer volumes and broader market dynamics affecting demand and supply. He added that the company onboarded more than 20,000 fresh graduates in FY26 and intends to continue at a similar pace in FY27.“We announced (a target of) 20,000 for FY26, and we have hired more than 20,000 freshers from the market. This year, we are expecting at least 20,000 freshers to be hired,” Sanghrajka said.Ahead of the results, shares of Infosys ended 2.04 per cent lower at Rs 1,242 on the BSE on Thursday.
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