New Delhi: IT services giant Infosys reported a sharp rise in profitability for the fourth quarter of FY26, even as its workforce saw a significant decline.
The company posted a consolidated net profit of ₹8,501 crore for the March quarter, marking a 21% increase year-on-year from ₹7,033 crore. On a sequential basis, profit surged nearly 28% from ₹6,654 crore in the previous quarter.
Operating profit came in at ₹9,743 crore, registering a 13.6% annual growth and a 16.6% rise compared to the December quarter.
Revenue for Q4 stood at ₹46,402 crore, up 13.4% from ₹40,925 crore in the same period last year. However, sequential growth remained modest at around 2%, compared to ₹45,479 crore in Q3.
Margins remained stable on a yearly basis at around 21%, but saw a notable improvement from 18.4% in the previous quarter to 21% in Q4. Gross profit rose 16.1% year-on-year to ₹14,344 crore, while total operating expenses increased 21.9% to ₹4,601 crore.
The company’s voluntary attrition rate edged up slightly to 12.6% from 12.3% in the previous quarter, although it improved compared to 14.1% a year ago.
In a notable development, Infosys’ headcount declined by 8,440 employees sequentially, bringing the total workforce down to 3,28,594 during the March quarter.
Looking ahead, the company has projected revenue growth of up to 3.5% in constant currency for FY27, with operating margins expected to remain in the 20–22% range.
Infosys also declared a dividend of ₹25 per share for the quarter, higher than ₹22 per share announced in the same period last year.
Despite the strong earnings performance, shares of Infosys closed at ₹1,231.8 on the NSE, down around 3% for the day. The stock has fallen over 20% so far this year.
With inputs from IANS