INFOSYS LIMITED

Provides IT services, consulting, and digital transformation to global enterprises across eight industry verticals. In FY26, total revenue was ₹178,650 crore, with Financial Services the largest vertical at 27.9% of segment revenue (₹49,908 crore), followed by Manufacturing at 16.3%, Energy, Utilities, Resources and Services at 13.3%, Retail at 12.9%, and Communication at 12.2%. The business is people-driven: employee cost is the dominant input at 53.2% of revenue (₹95,094 crore), with other operating expenses at 23.1% and depreciation at 2.7%. On the demand side, AI-focused services (Topaz, Finacle, Cobalt platforms) reached 8.2% of revenue in Q1 FY27, up from 5.5% in Q3 FY26, supported by 80,000 employees using AI coding tools and a target of 6,000 Frontier Engineers in coming years. Q1 FY27 signed large-deal TCV of $3.6 billion at 61% net new, with vendor consolidation contributing about $700 million of net new business, while operating margin held at 21.1% and free cash flow came in at $955 million (116.5% of net profit). FY27 revenue growth guidance was set at 1.5-3% in constant currency and margin guidance at 20-22%, with acquisitions (Stratus Global, Optimum Healthcare IT) and a CEO transition from Salil Parekh to Ashiss Kumar Dash effective April 1, 2027 also disclosed during the quarter.