KMP / Board / Auditor Changes

  • Diane Jurgens was appointed as an Independent Director effective April 22, 2026, for a period of three years till April 21, 2029
  • Helene Auriol Potier was reappointed as an Independent Director for a second term of five years from May 26, 2026, to May 25, 2031
  • Nitin Paranjpe was appointed as Vice Chairman of the Company effective April 30, 2026
  • During fiscal 2026, no directors or KMP were appointed
  • Both new appointments were approved by shareholders via postal ballot

Dividend Declaration or Non-Declaration

  • Final dividend of ₹25 per share declared for financial year ending March 31, 2026
  • Interim dividend of ₹23 per equity share already paid for FY2026
  • Total dividend for FY2026: ₹48 per share, representing 11.6% year-on-year growth
  • Total payout for FY2025-26, including the recently completed buyback, was 113.9% of free cash flow

Board Meeting Outcomes

  • Adoption of financial statements including consolidated financial statements for FY2026
  • Declaration of final dividend
  • Reappointment of Nandan M. Nilekani as director liable to retire by rotation
  • Approval of amendments to Infosys Expanded Stock Option Ownership Program 2019
  • Approval for grant of stock incentives to eligible employees under amended 2019 Plan
  • Approval for grant of stock incentives to eligible employees of subsidiaries under amended 2019 Plan
  • Approval for reclassification of certain members of promoter and promoter group to public category

Financial Results (Standalone & Consolidated)

  • Revenue: US$20.2 billion
  • Constant currency growth: 3.1%
  • Adjusted operating margin: 21%
  • Free cash flow: US$3.7 billion (112.6% of net profit)
  • Large deal TCV: US$14.9 billion, with 55% being net new
  • Workforce: over 325,000 employees
  • College graduates recruited: over 20,000 in FY2026
  • Clients with revenues over $100 million: 41
  • Returned over ₹55,000 crore over past two years through capital return policy
  • Balance sheet remains debt-free with strong liquidity

Disinvestment / Strategic Actions

Completed acquisitions:

  • MRE Consulting Limited - leading energy and business consulting firm based in United States
  • The Missing Link Group - cybersecurity service provider based in Australia

Acquisitions completed post-FY2026 but before AGM:

  • Stratus Global LLC - leading insurance, consulting and technology services company focused on guidewire services, headquartered in United States
  • Optimum Achieve Holdings, Inc. with subsidiaries including Optimum Healthcare IT, LLC - leading healthcare digital transformation and consulting company headquartered in United States

Joint venture:

  • Formed joint venture with Telstra, acquiring 75% stake in Versent Group - Australia's leading digital transformation solutions provider

AI Strategy and Performance:

  • Collaborating with 90% of top 200 clients on AI journeys
  • AI services revenue: 5.5% of total revenue (~$1 billion annualized) and growing faster than company average
  • Over 4,800 AI projects underway
  • Built over 600 AI agents
  • 90% of employees are AI aware
  • Six AI value pools identified with $300-400 billion addressable market by 2030
  • AI-first value framework unveiled to help global enterprises unlock AI value at scale

Technology Platforms:

  • Infosys Topaz Fabric - AI capabilities platform
  • Infosys Cobalt - cloud strengths platform
  • Strong partnerships with AI foundation model companies, compute companies, data and analytics providers

Guidance:

  • FY2027 revenue guidance: 1.5% to 3.5% growth (excluding Optimum acquisition)
  • FY2027 operating margin guidance: 20% to 22%

Other Operational / Legal / Strategic Disclosures

ESG Performance:

  • Carbon neutrality achieved for seventh consecutive year across global operations
  • Renewables account for 81.8% of India operations
  • Campuses recycle 100% of wastewater through rainwater harvesting and efficiency measures
  • 11 campuses achieved true zero waste certification
  • Recognized as world's most ethical company for sixth consecutive year by Ethisphere

Social Impact:

  • Infosys Foundation undertook 200 projects in India impacting seven million lives
  • Reached 15 million people through digital skilling initiatives via Infosys Springboard
  • CSR activities focus on education, skilling, healthcare, women empowerment, environmental sustainability

Capital Allocation Policy:

  • Policy to return approximately 85% of free cash flow cumulatively over five-year period (FY25-FY29)
  • Through combination of semi-annual dividends and/or share buybacks or special dividends
  • Company expects to progressively increase dividend per share

Workforce Development:

  • Systematic preparation of talent for AI era
  • Redeploying employees released to productivity gains towards new areas of growth
  • Employee value proposition focused on career, rewards, recognition, learning and development
  • Attrition rate: 12.6% in FY2026 (down from 14.1% in FY2025)