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Jul 30, 02:30 AM
Infosys Q1 FY26 Net Profit ₹6,920 Crore, 3.3% Revenue Growth, $3.8 Billion Deal Wins; IndiGo, GE Vernova Also Report Results
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Infosys Q1 FY26 Net Profit ₹6,920 Crore, 3.3% Revenue Growth, $3.8 Billion Deal Wins; IndiGo, GE Vernova Also Report Results

Authors
  • Business Standard
  • ETtech
  • Markets Today
3

Infosys reported its Q1 FY26 financial results with a consolidated net profit of approximately ₹6,920 crore, reflecting a slight decline of 1.6% year-on-year, while consolidated revenue rose by 3.3% to ₹42,280 crore. The company noted healthy large deal wins totaling $3.8 billion, with 55% being net new, indicating strong client demand despite modest revenue growth. Infosys expects its operating margin to be between 20% and 22% for FY26, with attrition rates increasing slightly from 14.1% to 14.4% in the quarter. Other notable Q1 FY26 earnings include GE Vernova T&D India Ltd, which posted revenue of ₹1,330 crore, up 38.8% year-on-year, and an adjusted PAT of ₹291 crore, up 115.6%. Craftsman Automation Ltd reported a 55% revenue increase to ₹1,784 crore and a 32.1% rise in adjusted PAT to ₹70 crore. Deepak Fertilisers & Petrochemicals Ltd posted a 16.6% revenue increase to ₹2,659 crore and a 24% rise in adjusted PAT to ₹243 crore. Gabriel India Ltd reported a 15.9% revenue increase to ₹1,098 crore and a 6.9% rise in adjusted PAT to ₹62 crore. Firstsource Solutions Ltd recorded revenue of ₹2,218 crore, up 23.8% year-on-year, with PAT increasing 25.1% to ₹169 crore. KPIT Technologies saw a 30% decline in net profit to ₹172 crore quarter-on-quarter, with revenue increasing marginally by 0.7% to ₹1,539 crore, and EBIT declining by 10.6% to ₹237 crore. IndiGo Airlines reported a 20% decline in profit to ₹2,176 crore, while revenue increased by 5%. Tata Steel and Hyundai were among 113 firms that announced earnings during the period.

Written with ChatGPT (GPT-4).

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