Infosys Q1 Results: Lower end of FY26 revenue growth guidance raised; USD topline beats

Bengaluru-based IT services giant Infosys Ltd. reported its June quarter (Q1FY26) results after market hours on Wednesday, July 23. Infosys is the last among the IT companies that are part of the Nifty 50 index to report earnings.On expected lines, Infosys has raised the lower end of its financial year 2026 constant currency revenue growth guidance. The company now sees FY26 revenue growth to be between 1% and 3%. The Street was also expecting Infosys to raise the lower end of its FY26 revenue growth guidance to 1% to 3% from the earlier guidance of 0% to 3%.
The margin guidance has been maintained. Infosys has maintained its FY26 margin guidance to be between 20% to 22%, which is what it had guided for previously.
For the June quarter, Infosys reported a net profit of ₹6,921 crore, which was higher than CNBC-TV18 poll estimate of ₹6,719 crore. Infosys’ profit fell by 1.5% from ₹7,033 in the March quarter.Revenue in dollar terms rose 4.5% quarter-on-quarter to $4,941 million from $4,730 million last year.

In rupee terms, Infosys’ revenue was above expectations at ₹42,279 crore. A CNBC-TV18 poll had projected the figure at ₹41,767 crore. That is a growth of 3.3% from ₹40,925 crore in the March quarter.Infosys’ earnings before interest and tax (EBIT) stood at ₹8,803 crore, which was higher than the expectations of ₹8,631 crore.

EBIT margin stood at 20.8%, which was higher then CNBC-TV18’s expectations of 20.7% as well.

Infosys won large deals worth $3.8 billion during the quarter.

The attrition rate during the quarter stood at 14.4% from 14.1% during the March quarter.

Shares of Infosys have witnessed a sharp fall ahead of the first quarter results. The stock ended 0.76% lower on Wednesday, at ₹1,558.90. The stock has declined 17% so far in 2025.