Noida, Apr 23 (APAC Media): IT major Infosys on Thursday reported a 21% per cent year-on-year rise in consolidated net profit at Rs 8,501 crore for the quarter ended March 31, 2026, as against Rs 7,033 crore in the corresponding period last year, according to a BSE filing.
The company reported a 4.6 per cent year-on-year increase in revenue at Rs 20,158 crore for the quarter under review, as against Rs 19,277 crore in the corresponding period of the previous year.
The Board of Directors of Infosys has declared an interim dividend of Rs 25 per equity share. The record date for determining eligible shareholders has been fixed as June 10, 2026. The approved dividend will be paid on June 25, 2026.
Infosys, on April 23, 2026, said its Board of Directors, on the recommendation of the Nomination and Remuneration Committee, approved annual grants to Salil Parekh, Chief Executive Officer and Managing Director, in line with his employment agreement earlier approved by shareholders.
“We delivered a resilient performance in FY26 with growth of 3.1% and strong large deal wins of $14.9 billion, reflecting the robustness of our enterprise AI value proposition and market share gains in large transformation opportunities,†said Salil Parekh, CEO and MD of Infosys.
Infosys reported a strong rise in earnings per share (EPS), increasing 11.0 per cent for the full financial year and 23.8 per cent year-on-year in the fourth quarter.
“The simplicity and strength of our AI services strategy across six areas is gaining traction in the market, further strengthened by strong ecosystem AI partnerships enabling clients to derive value from AI. Our AI First value framework and differentiated Topaz Fabric position us uniquely to deepen client trust and gain greater share of the market,†he added.
The company’s American Depositary Receipts (ADRs) listed on the New York Stock Exchange fell 5% in pre-market trading, hovering near $12.81.
Infosys will hire 20,000 freshers this year, the company’s chief financial officer said.
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