Infosys Q4 FY25 transcript: FY26 guided 0-3% CC growth, margins 20-22%

Management guided margin improvementOrder pipeline disclosedInvestor Communications View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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₹1423.00

prior close

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announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.7%+3.1% vs market

Computers - Software & Consulting peers, median of 60sector+1.3%+2.5% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty 100 and 2.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty 100Sector · Computers - Software & Consulting peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Infosys posted FY25 CC revenue growth of 4.2% with 21.1% operating margin, $4.1bn free cash flow, and $11.6bn large deal wins of which 56% net new. FY26 guidance is 0-3% CC growth and 20-22% margin band, citing macro uncertainty. Plans 20,000 plus fresher hires. Q4 margins fell 30bps QoQ on wage hikes (140bps) and acquisition amortization (40bps), partly offset by Project Maximus savings and currency benefit.

Likely market impact

Wider guidance range reflects uncertainty; lower margin floor at 20% versus current 21.1% hints at some pressure despite management's improvement push.