Infosys Q4 net profit rises 28 pc in Q4, headcount falls over 8,000
New Delhi, April 23
IT services major Infosys on Thursday reported a 28 per cent quarter-on-quarter growth in its consolidated net profit for the fourth quarter of FY26.
The company posted a net profit (after non-controlling interests) of Rs 8,501 crore, an increase of 21 per cent (year-on-year) compared to Rs 7,033 crore in Q4 FY25. On a sequential basis, profit jumped 27.8 per cent from Rs 6,654 crore in Q4.
Operating profit stood at Rs 9,743 crore, up 13.6 per cent year-on-year and up 16.6 per cent on-month.
In terms of revenue, the IT firm reported Rs 46,402 crore in Q4 FY26, up 13.4 per cent from Rs 40,925 crore in the same quarter last year. On a sequential basis, revenue rose 2 per cent from Rs 45,479 crore in the December quarter.
The company maintained its operating margin at around 21 per cent on a yearly basis, while margins improved to 21 per cent in Q4 FY26 from 18.4 per cent in the previous quarter.
Gross profit rose 16.1 per cent year-on-year to Rs 14,344 crore, while total operating expenses increased 21.9 per cent to Rs 4,601 crore.
Infosys' voluntary attrition rate rose to 12.6 per cent in Q4 FY26 from 12.3 per cent in the previous quarter, though it declined from 14.1 per cent in the year-ago period.
The company's headcount declined by 8,440 sequentially to 3,28,594 in the March quarter, it said in a post-market exchange filing.
For FY27, the company has pegged revenue growth of up to 3.5 per cent in constant currency and operating margins of 20-22 per cent.
The company also announced a dividend of Rs 25 per share for the quarter, compared to Rs 22 per share in the corresponding period last year.
Shares of Infosys on Thursday ended at Rs 1,231.8, down about 3 per cent on the NSE. The stock has declined over 5 per cent and more than 20 per cent so far this year.
— IANS
Reader Comments
😔 Every quarter it's the same story: record profits, fewer jobs. My brother just graduated from NIT and placements are drying up. Infosys should invest in retraining instead of just cutting costs. A 12.6% attrition rate shows people are leaving for a reason.
The dividend of Rs 25 is welcome, but the stock is down 20% this year. Market clearly doesn't like the 3.5% revenue growth guidance for FY27—too conservative. Infosys needs to crack the AI consulting game, not just back-office work.
As someone who works with Infosys as a client in the US, I've seen their headcount drop sharply on our projects. The quality is still there, but it feels like they're squeezing every rupee. Margins at 21% are decent, but this isn't sustainable for customer trust.
Operating expenses up 21.9% 😨 That's alarming! If revenue is only up 2% sequentially, someone in Bengaluru needs to explain where that money is going. The headcount drop suggests they're spending more on automation tools and AI, but are they getting value?
Good quarter for shareholders, bad for employees. Net profit jump of 28% is impressive but the human cost is real. 8,440 people gone in one quarter—that's almost an entire small company. I hope they offered decent severance and outplacement support.
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