Infosys Limited (NYSE: INFY) posts $5,082 million Q1 revenue and 21.1% margin

Rhea-AI Filing Summary

Infosys Limited reported consolidated revenue of $5,082 million for the quarter ended June 30, 2026, up 2.8% year on year and 0.8% sequentially, with operating margin of 21.1%. Net profit was $820 million and basic EPS $0.20; free cash flow reached $955 million, 116.5% of net profit. Large deal total contract value was $3.6 billion, with 61% net new, and AI-related revenue contributed 8.2% of quarterly revenue. The company guided for FY27 constant-currency revenue growth of 1.5%-3.0% and operating margin of 20%-22%. In rupee terms, revenue from operations was 48,211 crore with profit for the period of 7,775 crore. The board named Ashiss Kumar Dash as CEO Designate until March 31, 2027, with the intention to appoint him Chief Executive Officer and Managing Director from April 1, 2027, approved grants of 9,836 RSUs to new hires, and cleared formation of a step-down wholly owned subsidiary in Singapore.

Filing Explained

The July 23 filing leaves the CEO/MD succession conditional and describes approved new-hire RSUs vesting equally over three years.

The board disclosures leave Ashiss Kumar Dash as CEO Designate through March 31, 2027, with the intended CEO and Managing Director appointment from April 1, 2027 conditional on statutory requirements; the leadership change is planned, not yet effective.

The board approved 9,836 RSUs for eligible new hires, to be granted on August 1, 2026 at the share’s par value and vest equally over three years, establishing staged compensation terms rather than an immediately vested award.

At June 30, 2026, cash and cash equivalents plus current investments were $3,124 million, compared with $3,706 million at March 31, 2026.

The next disclosed resolution points are fulfilment of statutory requirements before the April 1 appointment and additional Regulation 30 information on the Singapore subsidiary, which the filing says will come later.

Key Figures

Quarterly revenue: $5,082 million Operating margin: 21.1% Net profit: $820 million +5 more

8 metrics

Quarterly revenue $5,082 million Consolidated IFRS revenue for quarter ended June 30, 2026

Operating margin 21.1% Consolidated margin for quarter ended June 30, 2026

Net profit $820 million Consolidated net profit for quarter ended June 30, 2026

Free cash flow $955 million FCF for quarter ended June 30, 2026; 116.5% of net profit

Large deal TCV $3.6 billion Total contract value of large deal wins in the quarter, 61% net new

AI revenue share 8.2% AI-related revenues as a percentage of Q1 revenue

FY27 revenue growth guidance 1.5%-3.0% Expected constant-currency revenue growth range for FY27

Ind-AS quarterly revenue 48,211 crore Revenue from operations for quarter ended June 30, 2026 under Ind-AS

Key Terms

Free cash flow, Total contract value, Restricted Stock Units, Exceptional item, +1 more

5 terms

Free cash flow financial

"FCF at $955 million; FCF conversion at 116.5% of net profit"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

Total contract value financial

"TCV of large deal wins was $3.6 billion, with 61% net new"

Total contract value is the full dollar amount a company expects to receive from a customer under a contract over its entire life, including recurring charges, one-time fees and any guaranteed add‑ons. Investors use it like a deal’s headline price to gauge the size of future revenue tied to sales, but it can overstate near‑term cash because it bundles multi‑year payments into one number—think of it as the sticker price on a multi‑year subscription.

Restricted Stock Units financial

"grant of 9,836 Restricted Stock Units (‘RSUs’) under the 2015 Incentive Compensation Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Exceptional item financial

"Profit before exceptional item and tax | 11,028 | ... Exceptional item | Impact of Labour Codes"

Ind-AS 108 - Operating Segments financial

"Based on the "management approach" as required by Ind-AS 108 - Operating Segments"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What were Infosys (INFY) revenue and net profit for the quarter ended June 30, 2026?

Infosys reported revenue of $5,082 million and net profit of $820 million for the quarter ended June 30, 2026 under IFRS, with reported revenues growing 2.8% year on year and 0.8% sequentially in US-dollar terms.

What operating margin and EPS did Infosys (INFY) deliver in this quarter?

Infosys posted an operating margin of 21.1% and basic EPS of $0.20 for the quarter. The company noted EPS increased 3.7% year on year, while margins rose both sequentially and compared with the prior-year quarter.

What FY27 guidance has Infosys (INFY) provided for revenue growth and margins?

Infosys guided for FY27 revenue growth of 1.5%-3.0% in constant currency and an operating margin range of 20%-22%. This outlook frames management’s expectations for growth and profitability over the fiscal year ending March 31, 2027.

How significant were AI revenues and large deal wins for Infosys (INFY) this quarter?

AI-related revenue represented 8.2% of Q1 revenue, while large deal total contract value reached $3.6 billion with 61% net new. Management highlighted these metrics as evidence of demand for its AI-first offerings and strategic client relationships.

Who is the new CEO Designate at Infosys (INFY) and when will he assume the role?

The board appointed Ashiss Kumar Dash as CEO Designate until March 31, 2027. It also approved its intention to appoint him Chief Executive Officer and Managing Director from April 1, 2027, subject to fulfillment of all statutory requirements.

What dividends related to FY 2026 did Infosys (INFY) pay to shareholders?

For financial year 2026, Infosys paid a final dividend of ₹25 per share (par value ₹5) after shareholder approval at the June 23, 2026 AGM. The final dividend was paid on June 25, 2026, following an earlier interim dividend of ₹23 per share.

What new RSU grants and structural changes did Infosys (INFY) approve?

The board approved a grant of 9,836 Restricted Stock Units (RSUs) to eligible new hires under the 2015 Incentive Compensation Plan, vesting equally over three years from August 1, 2026. It also approved incorporation of a step-down wholly owned subsidiary in Singapore.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

For the month of July 2026

Commission File Number 001-35754

Infosys Limited

(Exact name of Registrant as specified in its charter)

Not Applicable.

(Translation of Registrant's name into English)

Electronics City, Hosur Road, Bengaluru - 560 100, Karnataka, India. +91-80-2852-0261

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F þ Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

TABLE OF CONTENTS

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

INDEX TO EXHIBITS

SIGNATURE

EXHIBIT 99.1

EXHIBIT 99.2

EXHIBIT 99.3

EXHIBIT 99.4

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Infosys Limited (“we” or “the Company”) hereby furnishes the United States Securities and Exchange Commission with copies of the following information concerning our public disclosures regarding our results of operations and financial condition for the quarter ended June 30, 2026.

The following information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On July 23, 2026, we announced our results of operations for the quarter ended June 30, 2026. A copy of the outcome of the board meeting is attached to this Form 6-K as Exhibit 99.1. 

We issued press releases announcing our results under International Financial Reporting Standards ("IFRS"), copies of which are attached to this Form 6-K as Exhibit 99.2.

We have placed the form of release to stock exchanges concerning our results of operations for the quarter ended June 30, 2026 under Indian Accounting Standards (Ind-AS). A copy of the release to stock exchanges is attached to this Form 6-K as Exhibit 99.3.

Based on the recommendations of the Nomination and Remuneration Committee, the Board approved and appointed Ashiss Kumar Dash as the Chief Executive Officer Designate (“CEO Designate”) of the Company until March 31, 2027. Further, the Board approved its intention to appoint Ashiss Kumar Dash as the Chief Executive Officer and Managing Director of the Company with effect from April 1, 2027, upon fulfilment of all statutory requirements.

A brief profile and press release titled “Infosys Board Appoints Ashiss Kumar Dash as CEO designate” is enclosed as Exhibit 99.4.

Among other things, based on the recommendations of the Nomination and Remuneration Committee, the Board approved the grant of 9,836 Restricted Stock Units (‘RSUs’) under the 2015 Incentive Compensation Plan (’2015 Plan’) to eligible new hires. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f., August 1, 2026 and the exercise price will be equal to the par value of the share.

Further, the Board approved incorporation of a step down wholly owned subsidiary of the Company in Singapore. Additional information as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be disclosed in due course.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Infosys Limited
Date: July 23, 2026	Jayesh Sanghrajka Chief Financial Officer

INDEX TO EXHIBITS

Exhibit No.	Description of Document
99.1	Outcome of the Board Meeting
99.2	IFRS USD press release
99.3	Form of Release to Stock Exchanges
99.4	Press Release - Infosys Board Appoints Ashiss Kumar Dash as CEO designate

 Exhibit 99.1
Outcome of the Board meeting

 

 

 

Exhibit 99.2

IFRS – USD Press Release

AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%

Strong Large Deal Wins at $3.6 Billion with 61% Net New; Robust Free Cash Flow of $0.96 Billion

FY 27 Revenue Guidance Revised to 1.5%-3.0%, Margin guidance Retained at 20%-22%

Bengaluru, India – July 23, 2026: Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,082 million in Q1 revenues, year on year growth of 2.4% and sequential growth of 1.0% in constant currency. Operating margin was at 21.1%, sequential increase of 0.2%. EPS growth was 14.9% year on year in rupee terms. TCV of large deal wins was $3.6 billion, with 61% net new.

“AI momentum is now rapidly converting into revenue, which demonstrates how Infosys’ differentiated enterprise AI value proposition is translating into consistent market share gains. Strong large deal wins, powered by Infosys Topaz, reinforce client confidence in our ability to be the strategic partner of choice for AI transformation driving tangible business value”, said Salil Parekh, CEO and MD. “With strategic partnerships established with all leading AI companies, we are bringing the power of the innovation ecosystem to help clients accelerate operational productivity and unlock growth opportunities. We remain committed to reskilling our employee base across levels and this sustained focus has positioned Infosys as a frontier organization with deep expertise accelerating AI journeys for some of the largest enterprises the world over”, he added.

 

Guidance for FY27:

·	Revenue growth of 1.5%-3.0% in constant currency
·	Operating margin of 20%-22%

Key highlights :

For the quarter ended June 30, 2026

· Revenues in CC terms grew by 2.4% YoY and by 1.0% QoQ

· Reported revenues at $5,082 million, growth of 2.8% YoY and 0.8% QoQ

· Operating margin at 21.1%, increase of 0.3% YoY and 0.2% QoQ

· Basic EPS at $0.20; increase of 3.7% YoY

· FCF at $955 million; FCF conversion at 116.5% of net profit

“Our resilient margins of 21.1% and consistent strong cash generation reflect the strength of our business model, disciplined execution and continued focus on operational excellence in a challenging business environment”, said Jayesh Sanghrajka, CFO. “We are accelerating investments in AI, talent, and platforms to drive future growth and remain committed to improving productivity, expanding operating leverage and maintaining the financial flexibility needed to capitalize on emerging opportunities while delivering sustainable shareholder value”, he added.

Client Wins & Testimonials

· Infosys renewed its long-standing collaboration with Mercedes-Benz Group AG, moving one of the automotive sector’s largest hybrid cloud and data center operations to an AI-led operating model. As part of the extended engagement, Infosys will embed AIOps and agentic AI across the IT landscape, powered by Infosys Topaz and Infosys Cobalt, to further enhance reliability, efficiency and innovation. Bobi Milosevic-Lican, Vice President Tech Infrastructure & Operations Mercedes-Benz AG, said, “Infosys has been a trusted collaborator in supporting our global IT infrastructure and managing complex enterprise technology environments at scale. As we continue to modernize our technology landscape and advance towards an AI-enabled operating model, we value Infosys’ deep technology expertise, strong delivery capabilities and ability to drive innovation across large and complex operations. This helps ensure that our infrastructure not only runs reliably today but is positioned to power our ongoing transformation journey.”

· Infosys collaborated with Nokia to strengthen product engineering capabilities and accelerate innovation across its network portfolio. Kal De, SVP, Core Networks, Mobile Infrastructure Group, Nokia, said, "Nokia and Infosys's strategic partnership focuses on strengthening product engineering across Nokia's core networks portfolio. The collaboration provides access to specialized engineering expertise, helping Nokia accelerate product evolution, improve execution efficiency, and dynamically respond to new market requirements."

· Infosys collaborated with Bendigo Bank to help build a future-ready bank. This 7-year collaboration will allow accelerated innovation and simplification to deliver better experiences for Bendigo Bank’s 2.9 million customers. Richard Fennell, Chief Executive Officer, Bendigo Bank, said, “Partnerships are fundamental to how Bendigo Bank innovates, and with this access to Infosys’ global capabilities, software engineering and AI talent, our Bank has significantly greater capacity to drive innovation.

· Infosys expanded its strategic collaboration with DNB Bank ASA to modernize financial crime operations. Elin Sandnes, COO and Group Executive Vice President Technology & Services, DNB, said, “Protecting customers and the integrity of the financial system requires us to continuously raise the bar on detection and investigation. By working closely with Infosys and leveraging NICE Actimize’s X Sight Enterprise platform, we are enhancing our ability to detect, investigate, and prevent complex financial crime more effectively, while supporting our long-term digital transformation and regulatory compliance objectives.”

· Infosys collaborated with Sentara to unlock AI value and scale enterprise AI adoption in healthcare services. Jamisson Fowler, SVP and Chief Digital Officer, Sentara, said, “As we continue to advance our digital strategy, working with Infosys enables us to take a thoughtful and scalable approach to AI adoption across the enterprise. This collaboration helps ensure AI is deployed in ways that genuinely improve how our hospital teams work supporting efficiency, care delivery and the communities we serve while remaining secure, compliant and patient centered.”

· Infosys expanded collaboration with GlobalFoundries to accelerate AI-driven transformation of IT operations. Vishal Mehra, Chief Information Officer, GlobalFoundries, said, “The renewed collaboration marks a significant step forward in GF’s journey to modernize IT operations and achieve higher levels of efficiency, resilience and user experience. As a leading global semiconductor manufacturer, we are committed to advancing our digital transformation to drive greater reliability and value. Collaborating with Infosys will help us equip our teams with next generation capabilities to accelerate this transformation journey.”

· Infosys collaborated with Spark New Zealand to accelerate AI-led transformation across its technology delivery and digital operations. Penny White, General Manager, Business Technology Services, Spark, said, “Our long-standing collaboration with Infosys continues to play a critical role in modernizing how we design, build and operate our technology. By leveraging Infosys Topaz, we are embedding cloud and AI-driven capabilities into our day-to-day operations, enabling greater efficiency, scale and agility as we transform our technology delivery model and deliver more seamless digital experiences for our customers.”

· Infosys collaborated with Cox Communications to modernize its technology operations and enhance the digital experience for its customers. Mark Lawson, Chief Technology, Digital and AI Officer, Cox Communications, said, "Infosys has been instrumental in helping Cox deliver impactful digital transformation, with AI supporting key parts of that journey. By combining deep engineering expertise with a strong understanding of our business, they have helped us create seamless customer experiences, improve operational efficiency, and accelerate business outcomes. We value their partnership and commitment to innovation.”

· Infosys is selected by Ventura Foods as a partner for its enterprise transformation leveraging Oracle Fusion Cloud, and Infosys Topaz for its AI-first value chain strategy. The program will establish a unified digital foundation across finance, human resources, supply chain, product lifecycle management, and the oil value chain, enabling faster innovation, improved resilience, and sustainable growth. Kiran Vankamamidi, Ventura Foods' Chief Information Officer, said, “Infosys’ deep transformation expertise, industry knowledge, and AI-led approach will help Ventura Foods transform into an intelligent, connected enterprise – empowering our teams with speed, insight and simplicity to deliver the customer experience that fuels our growth."

· Infosys Finacle collaborated with Sterling Bank of Asia to enhance employee and customer experience, improve banking services, and reduce operational complexity. Cecilio Paul D. San Pedro, President and Chief Executive Officer, Sterling Bank of Asia, said, “At Sterling Bank of Asia, we aim to integrate forward thinking solutions into our operations to better serve the Philippine market. Achieving this requires us to continuously respond to fast evolving customer expectations, the accelerating pace of digital innovation, and an increasingly complex regulatory landscape. Modernizing our technology foundation for both core and digital banking is essential to realizing our goals. With Infosys Finacle, we have a trusted transformation partner and a next generation banking platform that will equip us to meet the dynamic requirements of our business, our customers, and the wider regulatory environment.”

· Infosys Finacle and Bank of Sydney announced the successful go-live of Finacle Digital Banking Suite for Bank of Sydney in Australia, powered by Finacle Software-as-a-Service on Amazon Web Services (AWS) cloud. Geoff Wenborn, COO, Bank of Sydney said, “This marks a significant milestone in the bank's digital transformation journey. 'With the go live of the Infosys Finacle platform Bank of Sydney has gained a future-ready digital foundation to support growth, scalability and innovation for evolving customer expectations, while simplifying our IT landscape for a more agile operating environment.”

· Infosys collaborated with OpenAI to accelerate enterprise AI transformation and unlock AI value at scale. Denise Dresser, Chief Revenue Officer, OpenAI, said, “Codex is becoming a powerful workspace for managing agents across software development and business workflows. As enterprises move quickly to put Codex to work, we’re working with leading partners like Infosys to help more organizations move from early usage to repeatable deployment. Infosys's deep expertise in large-scale software transformation enables enterprises to deploy Codex across areas like legacy code modernization, code review automation, vulnerability detection, and application development, while extending its impact to the systems and workflows where knowledge work gets done. We will work together to bring Codex to organizations worldwide.”

· Infosys collaborated with Harness to Unlock AI Value for enterprise transformation and modernization programs. Jyoti Bansal, Co-founder and Chief Executive Officer, Harness, said, “As AI accelerates code generation, the real challenge for enterprises is ensuring that innovation reaches production safely and efficiently. This creates what we call the AI Velocity Paradox: development speeds up, but downstream processes like testing, security, compliance, and deployment struggle to keep pace – introducing new risk and complexity. By bringing Harness’s intelligent delivery platform together with Infosys’ deep enterprise expertise, we’re helping organizations deliver AI-driven software innovation with greater speed, predictability, and control.”

Recognitions & Awards

Brand & Corporate

· Won multiple awards at the 2026 Asia Executive Survey by Extel and ranked among the Top 3 overall in three categories: Best CFO, Best IR Program, and Best ESG Program

· Ranked #1 on LinkedIn Top Companies in India for 2026

· Awarded the Bronze Stevie® Award for Innovation in Investor Relations

· Infosys BPM awarded the Global CSR, Sustainability & ESG Awards 2026 for the ‘Best Skill Development Programme of the Year’

· Infosys BPM awarded HR Distinction Awards 2026 for the ‘Best Resourcing Strategy

AI and Cloud Services

· Recognized as a Leader in the Gartner Magic Quadrant for Cloud ERP Services

· Featured as a Leader in Everest Group Google Cloud Services PEAK Matrix® Assessment 2026

· Featured as a Leader in Oracle Cloud Applications Services PEAK Matrix® Assessment 2026

· Recognized as a Leader by HFS Horizons for Data Modernization and AI, 2026

· Infosys BPM Awarded the Hackett Innovation Awards 2026 for the ‘Order-to-Cash: Agentic AI in Finance’ initiative

· Awarded the HPE Networking (Aruba) Partner of the year 2026

Key Digital Services

· Featured as a Leader in Everest Group Marketing Transformation Services PEAK Matrix® Assessment 2026

· Featured as a Leader in Everest Group Healthcare Payer Digital Services PEAK Matrix® Assessment 2026

· Recognized as a Leader by HFS Horizons for SAP S/4HANA Transformation Services, 2026

· Recognized as a Leader by HFS Horizons for Global Capability Centers (GCC) Services, 2026

· Featured as a Leader in PAC Radar Global Leaders in Quality Engineering in 2026

Industry & Solutions

· Recognized as a Leader by HFS Horizons for Financial Crime Compliance (FCC) in Financial Services, 2026

· Awarded by NelsonHall for Transforming Wealth and Asset Management Services

· Ranked as the number one IT services provider for banking in Europe and financial services in Nordics by Whitelane Research

· Infosys Finacle rated as a Leader in The Forrester Wave™: Digital Banking Engagement Platforms, Q2 2026 report

· Infosys Finacle ranked as a Leader across 22 categories by IBS Intelligence (IBSi) in its Annual Sales League Table (SLT) 2026 report

· Infosys Finacle received the MEA Finance Banking Technology Awards 2026 in three categories: 'Best Core Banking Technology Implementation' with Emirates Investment Bank; 'Best Open Banking & API Implementation' with Zand; and 'Best Open Banking and API Solutions Provider'

· Awarded the HPE GSI Financial Services Partner of the year 2026

Read more about our Awards & Recognitions here.

About Infosys

Infosys (NSE, BSE, NYSE: INFY) is a global leader in AI first business consulting and technology services. Over 325,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. As navigators of enterprise transformation, we enable businesses in 59 countries to unlock AI value at scale. With over four decades of experience in managing the systems and workings of global enterprises, we accelerate business transformation through our AI-first value framework, deep domain expertise, and our unique ability to orchestrate innovations from our AI-native partner ecosystem. Infosys is recognized as the fastest growing IT services brand globally, committed to being a well-governed, environmentally sustainable partner for our clients where deep talent expertise, in an inclusive workplace, help them navigate their next. Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

.

Safe Harbor

Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at https://www.sec.gov/. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Contact

Investor Relations	Sandeep Mahindroo +91 80 3980 1018 Sandeep_Mahindroo@infosys.com
Media Relations	Rishi Basu +91 80 4156 3998 Rajarshi.Basu@infosys.com	Chad Darwin +1 323 422 3815 Chad.darwin@infosys.com

Infosys Limited and subsidiaries

Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:

(In $ million)

Particulars	June 30, 2026	March 31, 2026
ASSETS
Current assets
Cash and cash equivalents	2,287	2,341
Current investments	837	1,365
Trade receivables	3,569	3,715
Unbilled revenue	1,759	1,633
Other current assets	1,953	1,858
Total current assets	10,405	10,912
Non-current assets
Property, plant and equipment and Right-of-use assets	2,066	2,057
Goodwill and other Intangible assets	2,042	1,576
Non-current investments	924	942
Unbilled revenue	207	183
Other non-current assets	715	776
Total non-current assets	5,954	5,534
Total assets	16,359	16,446
LIABILITIES AND EQUITY
Current liabilities
Trade payables	463	500
Unearned revenue	1,222	1,248
Employee benefit obligations	388	372
Other current liabilities and provisions	3,515	3,396
Total current liabilities	5,588	5,516
Non-current liabilities
Lease liabilities	563	634
Other non-current liabilities	534	456
Total non-current liabilities	1,097	1,090
Total liabilities	6,685	6,606
Total equity attributable to equity holders of the company	9,619	9,786
Non-controlling interests	55	54
Total equity	9,674	9,840
Total liabilities and equity	16,359	16,446

Extracted from the Condensed Consolidated Statement of Comprehensive Income under IFRS for:

(In $ million except per equity share data)

Particulars	3 months ended June 30, 2026	3 months ended June 30, 2025
Revenues	5,082	4,941
Cost of sales	3,482	3,416
Gross profit	1,600	1,525
Operating expenses:
Selling and marketing expenses	270	258
Administrative expenses	258	239
Total operating expenses	528	497
Operating profit	1,072	1,028
Other income, net of finance cost	91	110
Profit before income taxes	1,163	1,138
Income tax expense	343	329
Net profit (before non-controlling interests)	820	809
Net profit (after non-controlling interests)	819	809
Basic EPS ($)	0.20	0.20
Diluted EPS ($)	0.20	0.19

NOTES:

a) The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter ended June 30, 2026, which have been taken on record at the Board meeting held on July 23, 2026.

b) Revenue growth in reported currency includes the impact of currency fluctuations. Additionally, we calculate constant currency (CC) growth by comparing current period revenues in respective local currencies converted to US$ using prior period exchange rates and comparing the same to our prior period reported revenues.

c) A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.

Exhibit 99.3
Form of Release to Stock Exchanges

Infosys Limited Regd. office: Electronics City, Hosur Road, Bengaluru 560 100, India CIN : L85110KA1981PLC013115 Website: www.infosys.com email: investors@infosys.com T: 91 80 2852 0261, F: 91 80 2852 0362

Statement of Consolidated Audited Results of Infosys Limited and its subsidiaries for the quarter ended June 30, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS)

(in crore, except per equity share data) 

Particulars	Quarter ended June 30,	Quarter ended March 31,	Quarter ended June 30,	Year ended March 31,
	2026	2026	2025	2026
	Audited	Audited	Audited	Audited
Revenue from operations	48,211	46,402	42,279	178,650
Other income, net	984	1,159	1,042	4,322
Total Income	49,195	47,561	43,321	182,972
Expenses
Employee benefit expenses	25,287	24,688	22,847	95,094
Cost of technical sub-contractors	4,181	3,952	3,497	15,421
Travel expenses	701	532	516	2,097
Cost of software packages and others	4,421	3,969	3,746	15,722
Communication expenses	150	141	144	603
Consultancy and professional charges	603	661	464	2,090
Depreciation and amortisation expenses	1,246	1,424	1,140	4,902
Finance cost	119	105	105	416
Other expenses	1,459	1,292	1,122	5,343
Total expenses	38,167	36,764	33,581	141,688
Profit before exceptional item and tax	11,028	10,797	9,740	41,284
Exceptional item
Impact of Labour Codes	–	–	–	1,289
Profit before tax	11,028	10,797	9,740	39,995
Tax expense:
Current tax	3,356	2,664	3,053	11,767
Deferred tax	(103)	(376)	(237)	(1,246)
Profit for the period	7,775	8,509	6,924	29,474
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss
Remeasurement of the net defined benefit liability/asset, net	296	(236)	(70)	(288)
Equity instruments through other comprehensive income, net	60	374	35	397
Items that will be reclassified subsequently to profit or loss
Fair value changes on derivatives designated as cash flow hedge, net	49	(11)	6	(1)
Exchange differences on translation of foreign operations	(94)	1,021	1,019	3,256
Fair value changes on investments, net	60	(93)	123	(27)
Total other comprehensive income/(loss), net of tax	371	1,055	1,113	3,337
Total comprehensive income for the period	8,146	9,564	8,037	32,811
Profit attributable to:
Owners of the company	7,769	8,501	6,921	29,440
Non-controlling interests	6	8	3	34
	7,775	8,509	6,924	29,474
Total comprehensive income attributable to:
Owners of the company	8,142	9,546	8,024	32,750
Non-controlling interests	4	18	13	61
	8,146	9,564	8,037	32,811
Paid up share capital (par value ₹5/- each, fully paid)	2,025	2,024	2,074	2,024
Other equity *#	90,828	90,828	93,745	90,828
Earnings per equity share (par value ₹5/- each)**
Basic (in ₹ per share)	19.19	21.01	16.70	71.58
Diluted (in ₹ per share)	19.17	20.98	16.68	71.46

* Balances for the quarter ended June 30, 2026 and June 30, 2025 represent balances as per the audited Balance Sheet for the year ended March 31, 2026 and March 31, 2025, respectively as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015

** EPS is not annualized for the quarter ended June 30, 2026, quarter ended March 31, 2026 and quarter ended June 30, 2025

^# Excludes non-controlling interest

1. Notes

a) The audited interim condensed consolidated financial statements for the quarter ended June 30, 2026 have been taken on record by the Board of Directors at its meeting held on July 23, 2026. The statutory auditors, Deloitte Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited interim condensed consolidated financial statements. Those interim condensed consolidated financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.

b) Based on the recommendations of the Nomination and Remuneration Committee, the Board at its meeting held on July 23, 2026, approved and appointed, effective today, Ashiss Kumar Dash as the Chief Executive Officer Designate ("CEO Designate") of the Company until March 31, 2027. Further, the Board approved its intention to appoint Ashiss Kumar Dash as the Chief Executive Officer and Managing Director of the Company with effect from April 1, 2027 upon fulfilment of all statutory requirements.

c) Nitin Paranjpe (DIN: 00045204) an Independent Director was appointed as Vice Chairman of the Company effective April 30, 2026.

d) Michael Nelson Gibbs (DIN: 08177291) an Independent Director of Infosys Limited, retired effective July 12, 2026, upon completion of his second term. The composition of the Board and its Committees continue to be in compliance with the requirements of applicable laws.

e) Update on acquisitions

i) On April 21, 2026, Infosys Nova Holdings LLC, a wholly owned subsidiary of Infosys Limited, acquired a 100% partnership interest in Stratus Global LLC, a leading insurance technology partner serving Property & Casualty insurers and Managing General Agents, headquartered in USA., for a purchase consideration including earnouts amounting to $74 million (₹697 crore). The total purchase consideration includes upfront cash consideration of $69 million (₹646 crore) and contingent consideration with an estimated fair value of $5 million (₹51 crore) as on the date of acquisition. Additionally, this acquisition has retention bonus and management incentives payable to the employees of the acquiree over three years, subject to their continuous employment with the Group and achievement of financial targets for the respective years.

ii) On May 4, 2026, Infosys Nova Holdings LLC, a wholly owned subsidiary of Infosys Limited, acquired 100% voting interests in Optimum Achieve Holdings Inc., a healthcare digital transformation and consulting firm headquartered in USA, along with its other subsidiaries including Optimum Healthcare IT, LLC, for a purchase consideration including earnouts amounting to $365 million (₹3,470 crore). The total purchase consideration includes upfront cash consideration of $299 million (₹2,844 crore) and contingent consideration with an estimated fair value of $66 million (₹626 crore) as on the date of acquisition. Additionally, this acquisition has retention bonus and management incentives payable to the employees of the acquiree over four years, subject to their continuous employment with the Group and achievement of financial targets for the respective years.

f) Stock grants   The Board, on July 23, 2026, based on the recommendations of the Nomination and Remuneration Committee approved the grant of 9,836 Restricted Stock Units (RSUs) under the 2015 Incentive Compensation Plan (2015 Plan) to eligible new hires. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f August 1, 2026 and the exercise price will be equal to the par value of the share.

2. Information on dividends for the quarter ended June 30, 2026

For financial year 2026, the Board recommended a final dividend of 25/- (par value of 5/- each) per equity share. The same was approved by the shareholders in the Annual General Meeting (AGM) of the Company held on June 23, 2026 and paid on June 25, 2026.

(in )

Particulars	Quarter ended June 30,	Quarter ended March 31,	Quarter ended June 30,	Year ended March 31,
	2026	2026	2025	2026
Dividend per share (par value 5/- each)
Interim dividend	–	–	–	23.00
Final dividend	–	25.00	–	25.00

3. Segment reporting (Consolidated - Audited)

(in crore)

Particulars	Quarter ended June 30,	Quarter ended March 31,	Quarter ended June 30,	Year ended March 31,
	2026	2026	2025	2026
Revenue by business segment
Financial Services (1)	13,463	12,976	11,796	49,908
Manufacturing	7,668	7,358	6,804	29,078
Energy, Utilities, Resources and Services	6,452	6,114	5,742	23,818
Retail (2)	6,172	5,958	5,651	23,077
Communication (3)	5,791	5,752	5,097	21,765
Life Sciences (4)	3,842	3,393	2,745	12,267
Hi-Tech	3,710	3,558	3,296	13,928
All other segments (5)	1,113	1,293	1,148	4,809
Total	48,211	46,402	42,279	178,650
Less: Inter-segment revenue	–	–	–	–
Net revenue from operations	48,211	46,402	42,279	178,650
Segment Profit:
Financial Services (1)	3,662	3,410	2,973	12,678
Manufacturing	1,685	1,541	1,416	6,444
Energy, Utilities, Resources and Services	1,576	1,548	1,437	5,984
Retail (2)	1,701	1,811	1,691	7,089
Communication (3)	1,180	1,027	880	3,861
Hi-Tech	911	930	768	3,228
Life Sciences (4)	619	659	554	2,444
All other segments (5)	75	241	224	717
Total	11,409	11,167	9,943	42,445
Less: Other Unallocable expenditure*	1,246	1,424	1,140	6,191
Add: Unallocable other income	984	1,159	1,042	4,157
Less: Finance cost	119	105	105	416
Profit before tax and non-controlling interests	11,028	10,797	9,740	39,995

⁽¹⁾ Financial Services include enterprises in Financial Services and Insurance

⁽²⁾ Retail includes enterprises in Retail, Consumer Packaged Goods and Logistics

⁽³⁾ Communication includes enterprises in Communication, Telecom OEM and Media

⁽⁴⁾ Life Sciences includes enterprises in Life sciences and Health care

⁽⁵⁾ All other segments include operating segments of businesses in India, Japan, China, Infosys Public Services & identified enterprises in Public Services

* Unallocable expense includes ₹1,289 crore towards impact of Labour Codes for the year ended March 31, 2026.

Notes on segment information

Business segments

Based on the "management approach" as required by Ind-AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented along these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments.

Segmental capital employed

Assets and liabilities used in the Group's business are not identified to any of the reportable segments, as these are used interchangeably between segments. The Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

4. Audited financial results of Infosys Limited (Standalone Information)

(in crore)

Particulars	Quarter ended June 30,	Quarter ended March 31,	Quarter ended June 30,	Year ended March 31,
	2026	2026	2025	2026
	Audited	Audited	Audited	Audited
Revenue from operations	39,957	38,641	35,275	148,819
Profit before exceptional item and tax	10,161	9,956	8,660	39,903
Exceptional item - Impact of Labour Codes	–	–	–	1,146
Profit before tax	10,161	9,956	8,660	38,757
Profit for the period	7,249	7,975	6,114	29,211

The audited results of Infosys Limited for the above mentioned periods are available on our website, www.infosys.com and on the stock exchange website www.nseindia.com and www.bseindia.com. The information above has been extracted from the audited interim standalone financial statements as stated.

	By order of the Board for Infosys Limited
Bengaluru, India July 23, 2026	Salil Parekh Chief Executive Officer and Managing Director

The Board has also taken on record the consolidated results of Infosys Limited and its subsidiaries for the quarter ended June 30, 2026, prepared as per International Financial Reporting Standards (IFRS) and reported in US dollars. A summary of the financial statements is as follows:

(in US$ million, except per equity share data)

Particulars	Quarter ended June 30,	Quarter ended March 31,	Quarter ended June 30,	Year ended March 31,
	2026	2026	2025	2026
	Audited	Audited	Audited	Audited
Revenues	5,082	5,040	4,941	20,158
Cost of sales	3,482	3,485	3,416	14,079
Gross profit	1,600	1,555	1,525	6,079
Operating expenses	528	500	497	1,994
Operating profit #	1,072	1,055	1,028	4,085
Other income, net	104	125	122	468
Finance cost	13	12	12	47
Profit before income taxes	1,163	1,168	1,138	4,506
Income tax expense	343	248	329	1,190
Net profit	820	920	809	3,316
Earnings per equity share*
Basic (in $ per share)	0.20	0.23	0.20	0.81
Diluted (in $ per share)	0.20	0.23	0.19	0.80
Total assets	16,359	16,446	17,447	16,446
Cash and cash equivalents and current investments	3,124	3,706	4,089	3,706

* EPS is not annualized for the quarter ended June 30, 2026, quarter ended March 31, 2026 and quarter ended June 30, 2025.

# includes $143 million towards impact of Labour Codes for the year ended March 31, 2026.

Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

 Exhibit 99.4
Press Release - Infosys Board Appoints Ashiss Kumar Dash as CEO designate

 

 

 

 

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 OUTCOME OF THE BOARD MEETING 2.9 KB
• EX-99.2 IFRS USD PRESS RELEASE 79.1 KB
• EX-99.3 FORM OF RELEASE TO STOCK EXCHANGES 106.9 KB
• EX-99.4 PRESS RELEASE 3.5 KB