Infosys reported a 12% year-on-year increase in consolidated net profit for the April-June quarter of FY27, driven by higher revenue and robust deal wins. The company, however, trimmed the upper end of its revenue growth guidance for the financial year and announced a major leadership transition.
The IT services giant posted a consolidated net profit of Rs 7,769 crore for the quarter ended June 30, 2026, compared with Rs 6,921 crore in the corresponding period last year. Revenue from operations climbed 14% year-on-year to Rs 48,211 crore from Rs 42,279 crore.
Revenue outlook revised
Despite delivering healthy annual growth, Infosys narrowed its FY27 revenue guidance. The company now expects constant-currency revenue growth of 1.5% to 3%, compared with its earlier forecast of 1.5% to 3.5%.
Its operating margin guidance remains unchanged at 20% to 22%.
In rupee terms, Infosys said revenue grew sequentially at a faster pace than in the previous two quarters. However, the company also recorded its second-steepest quarter-on-quarter decline in net profit over the past eight quarters.
AI-driven growth gains momentum
Infosys said demand for AI-led services continued to accelerate during the quarter, contributing to strong large deal wins and deeper client engagement.
CEO and Managing Director Salil Parekh said, "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."
He added that Infosys has expanded partnerships across the AI ecosystem to help clients accelerate digital transformation.
"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 organisation with deep expertise accelerating AI journeys for some of the largest enterprises the world over," Parekh said.
Leadership transition underway
Alongside its quarterly earnings, Infosys announced that its Board has appointed Ashiss Kumar Dash as CEO-designate with immediate effect.
Dash will serve as CEO-designate until March 31, 2027, before taking over as Managing Director and Chief Executive Officer from April 1, 2027, subject to the necessary statutory approvals.
