Financial Performance Highlights
Infosys Limited reported strong financial results for FY2025-26 with revenue growth of 9.6% YoY to ₹1,78,650 crore and 3.1% constant currency growth. The company achieved an adjusted operating margin of 21.0% and net profit attributable to owners of ₹29,440 crore. Basic EPS grew 11.0% YoY to ₹71.58, while return on equity improved to 31.6%. The company secured large deal TCV of $14.9 billion with net new of 55% and maintained a robust cash position of ₹43,075 crore.
Capital Allocation and Corporate Actions
Infosys completed a significant ₹18,000 crore share buyback at ₹1,800 per share, repurchasing 10 crore shares (2.41% of equity). The company declared dividends totaling ₹48 per share, comprising an interim dividend of ₹23 and recommended final dividend of ₹25. Overall, Infosys returned approximately 82.1% of free cash flow for fiscals 2025 and 2026 through dividends and buybacks, creating a Capital Redemption Reserve of ₹50 crore as required under Section 69 of Companies Act.
AI Strategy and Business Transformation
Infosys has embraced an AI-first strategy with six core pillars of its AI-First Value Framework: AI Strategy & Engineering, Data for AI, Process AI, Agentic Legacy Modernization, Physical AI, and AI Trust. The company is collaborating with 90% of its top 200 clients on AI journeys, with over 4,600 AI projects underway. AI revenue reached 5.5% of total revenue in Q3 and is growing significantly faster than the company average. The company developed over 30 new service offerings and achieved 84% AI awareness among its workforce.
Corporate Governance and Board Structure
The Board comprised ten members including Chairman Nandan M. Nilekani, CEO & MD Salil Parekh, and eight independent directors. Eight Board meetings were held during FY26 with 100% attendance. The Board has six committees comprising only independent directors: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, CSR Committee, and ESG Committee, plus a Cybersecurity Risk Sub-committee. CEO Salil Parekh received total remuneration of ₹82.60 crore while Chairman Nilekani voluntarily received no remuneration.
ESG and Sustainability Performance
Infosys remained carbon neutral for the seventh consecutive year with 81.8% renewable energy in India operations and 100% wastewater recycled within campuses. Eleven campuses achieved TRUE Zero Waste certification. The company spent ₹558.04 crore on CSR activities (2% of average net profits) and additional ₹9.21 crore on ongoing projects. Infosys Springboard reached 15+ million learners globally, and the Infosys Foundation impacted over 7 million people in India. The company was recognized as one of World's Most Ethical Companies for the 6th consecutive year.
Risk Management and Financial Controls
The company maintained a comprehensive risk management framework addressing geopolitical events, AI risks, cybersecurity, talent supply constraints, and ESG ambition risks. Cybersecurity governance follows a defense-in-depth approach with preventive, detective, and corrective controls. Financial instruments totaled ₹98,221 crore with detailed fair value hierarchy classification. The company managed foreign exchange risk through ₹40,529 crore in derivative instruments. Auditors issued unmodified opinions on both financial statements and internal financial controls, confirming compliance with accounting standards.
Subsidiaries and Regulatory Compliance
Infosys has 30 direct subsidiaries and 84 step-down subsidiaries, with completed acquisitions including MRE Consulting Ltd. and The Missing Link Group in FY26. The company reported no material penalties imposed by stock exchanges, SEBI or SEC in the last three years and maintained full compliance with all applicable laws. The 45th Annual General Meeting agenda included resolutions on financial statements, dividend declaration, director reappointment, and ESOP plan amendments seeking to extend the plan tenure by 7 years.