INFY 6-K
Infosys Ltd (INFY)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the month of July 2026
Commission File Number 001-35754
Infosys Limited
(Exact name of Registrant as specified in its charter)
Not Applicable.
(Translation of Registrant's name into English)
Electronics City, Hosur Road, Bengaluru - 560 100, Karnataka, India. +91-80-2852-0261
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
TABLE OF CONTENTS
| DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION |
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| INDEX TO EXHIBITS |
| SIGNATURE |
| EXHIBIT 99.1 |
| EXHIBIT 99.2 |
| EXHIBIT 99.3 |
| EXHIBIT 99.4 |
DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION
Infosys Limited (“we” or “the Company”) hereby furnishes the United States Securities and Exchange Commission with copies of the following information concerning our public disclosures regarding our results of operations and financial condition for the quarter ended June 30, 2026.
The following information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
On July 23, 2026, we announced our results of operations for the quarter ended June 30, 2026. A copy of the outcome of the board meeting is attached to this Form 6-K as Exhibit 99.1.
We issued press releases announcing our results under International Financial Reporting Standards ("IFRS"), copies of which are attached to this Form 6-K as Exhibit 99.2.
We have placed the form of release to stock exchanges concerning our results of operations for the quarter ended June 30, 2026 under Indian Accounting Standards (Ind-AS). A copy of the release to stock exchanges is attached to this Form 6-K as Exhibit 99.3.
Based on the recommendations of the Nomination and Remuneration Committee, the Board approved and appointed Ashiss Kumar Dash as the Chief Executive Officer Designate (“CEO Designate”) of the Company until March 31, 2027. Further, the Board approved its intention to appoint Ashiss Kumar Dash as the Chief Executive Officer and Managing Director of the Company with effect from April 1, 2027, upon fulfilment of all statutory requirements.
A brief profile and press release titled “Infosys Board Appoints Ashiss Kumar Dash as CEO designate” is enclosed as Exhibit 99.4.
Among other things, based on the recommendations of the Nomination and Remuneration Committee, the Board approved the grant of 9,836 Restricted Stock Units (‘RSUs’) under the 2015 Incentive Compensation Plan (’2015 Plan’) to eligible new hires. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f., August 1, 2026 and the exercise price will be equal to the par value of the share.
Further, the Board approved incorporation of a step down wholly owned subsidiary of the Company in Singapore. Additional information as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be disclosed in due course.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Infosys Limited | |
|---|---|
| Date: July 23, 2026 | Jayesh Sanghrajka<br><br>Chief Financial Officer |
| Exhibit No. | Description of Document |
|---|---|
| 99.1 | Outcome of the Board Meeting |
| 99.2 | IFRS USD press release |
| 99.3 | Form of Release to Stock Exchanges |
| 99.4 | Press Release - Infosys Board Appoints Ashiss Kumar Dash as CEO designate |
Exhibit 99.1
Outcome of the Board meeting
Exhibit 99.2
IFRS – USD Press Release
AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
Strong Large Deal Wins at $3.6 Billion with 61% Net New; Robust Free Cash Flow of $0.96 Billion
FY 27 Revenue Guidance Revised to 1.5%-3.0%, Margin guidance Retained at 20%-22%
Bengaluru, India – July 23, 2026: Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,082 million in Q1 revenues, year on year growth of 2.4% and sequential growth of 1.0% in constant currency. Operating margin was at 21.1%, sequential increase of 0.2%. EPS growth was 14.9% year on year in rupee terms. TCV of large deal wins was $3.6 billion, with 61% net new.
“AI momentum is now rapidly converting into revenue, which demonstrates how Infosys’ differentiated enterprise AI value proposition is translating into consistent market share gains. Strong large deal wins, powered by Infosys Topaz, reinforce client confidence in our ability to be the strategic partner of choice for AI transformation driving tangible business value”, said Salil Parekh, CEO and MD. “With strategic partnerships established with all leading AI companies, we are bringing the power of the innovation ecosystem to help clients accelerate operational productivity and unlock growth opportunities. We remain committed to reskilling our employee base across levels and this sustained focus has positioned Infosys as a frontier organization with deep expertise accelerating AI journeys for some of the largest enterprises the world over”, he added.
Guidance for FY27:
| · | Revenue growth of 1.5%-3.0% in constant currency |
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| · | Operating margin of 20%-22% |
Key highlights :
| For<br>the quarter ended June 30, 2026 |
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| ·<br><br><br>Revenues in CC terms grew by 2.4% YoY and by 1.0% QoQ<br><br><br>·<br><br><br>Reported revenues at $5,082 million, growth of 2.8% YoY and 0.8% QoQ<br><br><br>·<br><br><br>Operating margin at 21.1%, increase of 0.3% YoY and 0.2% QoQ<br><br><br>·<br><br><br>Basic EPS at $0.20; increase of 3.7% YoY<br><br><br>·<br><br><br>FCF at $955 million; FCF conversion at 116.5% of net profit |
“Our resilient margins of 21.1% and consistent strong cash generation reflect the strength of our business model, disciplined execution and continued focus on operational excellence in a challenging business environment”, said Jayesh Sanghrajka, CFO. “We are accelerating investments in AI, talent, and platforms to drive future growth and remain committed to improving productivity, expanding operating leverage and maintaining the financial flexibility needed to capitalize on emerging opportunities while delivering sustainable shareholder value”, he added.
Client Wins & Testimonials
| · | Infosys renewed its long-standing collaboration with Mercedes-Benz Group AG, moving one of the automotive sector’s largest hybrid cloud and data center operations to an AI-led operating model. As part of the extended engagement, Infosys will embed AIOps and agentic AI across the IT landscape, powered by Infosys Topaz and Infosys Cobalt, to further enhance reliability, efficiency and innovation. Bobi Milosevic-Lican, Vice President Tech Infrastructure & Operations Mercedes-Benz AG, said, “Infosys has been a trusted collaborator in supporting our global IT infrastructure and managing complex enterprise technology environments at scale. As we continue to modernize our technology landscape and advance towards an AI-enabled operating model, we value Infosys’ deep technology expertise, strong delivery capabilities and ability to drive innovation across large and complex operations. This helps ensure that our infrastructure not only runs reliably today but is positioned to power our ongoing transformation journey.” |
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| · | Infosys collaborated with Nokia to strengthen product engineering capabilities and accelerate innovation across its network portfolio. Kal De, SVP, Core Networks, Mobile Infrastructure Group, Nokia, said, "Nokia and Infosys's strategic partnership focuses on strengthening product engineering across Nokia's core networks portfolio. The collaboration provides access to specialized engineering expertise, helping Nokia accelerate product evolution, improve execution efficiency, and dynamically respond to new market requirements." |
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| · | Infosys collaborated with Bendigo Bank to help build a future-ready bank. This 7-year collaboration will allow accelerated innovation and simplification to deliver better experiences for Bendigo Bank’s 2.9 million customers. Richard Fennell, Chief Executive Officer, Bendigo Bank, said, “Partnerships are fundamental to how Bendigo Bank innovates, and with this access to Infosys’ global capabilities, software engineering and AI talent, our Bank has significantly greater capacity to drive innovation. |
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| · | Infosys expanded its strategic collaboration with DNB Bank ASA to modernize financial crime operations. Elin Sandnes, COO and Group Executive Vice President Technology & Services, DNB, said, “Protecting customers and the integrity of the financial system requires us to continuously raise the bar on detection and investigation. By working closely with Infosys and leveraging NICE Actimize’s X Sight Enterprise platform, we are enhancing our ability to detect, investigate, and prevent complex financial crime more effectively, while supporting our long-term digital transformation and regulatory compliance objectives.” |
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| · | Infosys collaborated with Sentara to unlock AI value and scale enterprise AI adoption in healthcare services. Jamisson Fowler, SVP and Chief Digital Officer, Sentara, said, “As we continue to advance our digital strategy, working with Infosys enables us to take a thoughtful and scalable approach to AI adoption across the enterprise. This collaboration helps ensure AI is deployed in ways that genuinely improve how our hospital teams work supporting efficiency, care delivery and the communities we serve while remaining secure, compliant and patient centered.” |
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| · | Infosys expanded collaboration with GlobalFoundries to accelerate AI-driven transformation of IT operations. Vishal Mehra, Chief Information Officer, GlobalFoundries, said, “The renewed collaboration marks a significant step forward in GF’s journey to modernize IT operations and achieve higher levels of efficiency, resilience and user experience. As a leading global semiconductor manufacturer, we are committed to advancing our digital transformation to drive greater reliability and value. Collaborating with Infosys will help us equip our teams with next generation capabilities to accelerate this transformation journey.” |
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| · | Infosys collaborated with Spark New Zealand to accelerate AI-led transformation across its technology delivery and digital operations. Penny White, General Manager, Business Technology Services, Spark, said, “Our long-standing collaboration with Infosys continues to play a critical role in modernizing how we design, build and operate our technology. By leveraging Infosys Topaz, we are embedding cloud and AI-driven capabilities into our day-to-day operations, enabling greater efficiency, scale and agility as we transform our technology delivery model and deliver more seamless digital experiences for our customers.” |
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| · | Infosys collaborated with Cox Communications to modernize its technology operations and enhance the digital experience for its customers. Mark Lawson, Chief Technology, Digital and AI Officer, Cox Communications, said, "Infosys has been instrumental in helping Cox deliver impactful digital transformation, with AI supporting key parts of that journey. By combining deep engineering expertise with a strong understanding of our business, they have helped us create seamless customer experiences, improve operational efficiency, and accelerate business outcomes. We value their partnership and commitment to innovation.” |
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| · | Infosys is selected by Ventura Foods as a partner for its enterprise transformation leveraging Oracle Fusion Cloud, and Infosys Topaz for its AI-first value chain strategy. The program will establish a unified digital foundation across finance, human resources, supply chain, product lifecycle management, and the oil value chain, enabling faster innovation, improved resilience, and sustainable growth. Kiran Vankamamidi, Ventura Foods' Chief Information Officer, said, “Infosys’ deep transformation expertise, industry knowledge, and AI-led approach will help Ventura Foods transform into an intelligent, connected enterprise – empowering our teams with speed, insight and simplicity to deliver the customer experience that fuels our growth." |
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| · | Infosys Finacle collaborated with Sterling Bank of Asia to enhance employee and customer experience, improve banking services, and reduce operational complexity. Cecilio Paul D. San Pedro, President and Chief Executive Officer, Sterling Bank of Asia, said, “At Sterling Bank of Asia, we aim to integrate forward thinking solutions into our operations to better serve the Philippine market. Achieving this requires us to continuously respond to fast evolving customer expectations, the accelerating pace of digital innovation, and an increasingly complex regulatory landscape. Modernizing our technology foundation for both core and digital banking is essential to realizing our goals. With Infosys Finacle, we have a trusted transformation partner and a next generation banking platform that will equip us to meet the dynamic requirements of our business, our customers, and the wider regulatory environment.” |
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| · | Infosys Finacle and Bank of Sydney announced the successful go-live of Finacle Digital Banking Suite for Bank of Sydney in Australia, powered by Finacle Software-as-a-Service on Amazon Web Services (AWS) cloud. Geoff Wenborn, COO, Bank of Sydney said, “This marks a significant milestone in the bank's digital transformation journey. 'With the go live of the Infosys Finacle platform Bank of Sydney has gained a future-ready digital foundation to support growth, scalability and innovation for evolving customer expectations, while simplifying our IT landscape for a more agile operating environment.” |
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| · | Infosys collaborated with OpenAI to accelerate enterprise AI transformation and unlock AI value at scale. Denise Dresser, Chief Revenue Officer, OpenAI, said, “Codex is becoming a powerful workspace for managing agents across software development and business workflows. As enterprises move quickly to put Codex to work, we’re working with leading partners like Infosys to help more organizations move from early usage to repeatable deployment. Infosys's deep expertise in large-scale software transformation enables enterprises to deploy Codex across areas like legacy code modernization, code review automation, vulnerability detection, and application development, while extending its impact to the systems and workflows where knowledge work gets done. We will work together to bring Codex to organizations worldwide.” |
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| · | Infosys collaborated with Harness to Unlock AI Value for enterprise transformation and modernization programs. Jyoti Bansal, Co-founder and Chief Executive Officer, Harness, said, “As AI accelerates code generation, the real challenge for enterprises is ensuring that innovation reaches production safely and efficiently. This creates what we call the AI Velocity Paradox: development speeds up, but downstream processes like testing, security, compliance, and deployment struggle to keep pace – introducing new risk and complexity. By bringing Harness’s intelligent delivery platform together with Infosys’ deep enterprise expertise, we’re helping organizations deliver AI-driven software innovation with greater speed, predictability, and control.” |
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Recognitions & Awards
Brand & Corporate
| · | Won multiple awards at the 2026 Asia Executive Survey by Extel and ranked among the Top 3 overall in three categories: Best CFO, Best IR Program, and Best ESG Program |
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| · | Ranked #1 on LinkedIn Top Companies in India for 2026 |
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| · | Awarded the Bronze Stevie® Award for Innovation in Investor Relations |
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| · | Infosys BPM awarded the Global CSR, Sustainability & ESG Awards 2026 for the ‘Best Skill Development Programme of the Year’ |
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| · | Infosys BPM awarded HR Distinction Awards 2026 for the ‘Best Resourcing Strategy |
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AI and Cloud Services
| · | Recognized as a Leader in the Gartner Magic Quadrant for Cloud ERP Services |
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| · | Featured as a Leader in Everest Group Google Cloud Services PEAK Matrix® Assessment 2026 |
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| · | Featured as a Leader in Oracle Cloud Applications Services PEAK Matrix® Assessment 2026 |
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| · | Recognized as a Leader by HFS Horizons for Data Modernization and AI, 2026 |
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| · | Infosys BPM Awarded the Hackett Innovation Awards 2026 for the ‘Order-to-Cash: Agentic AI in Finance’ initiative |
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| · | Awarded the HPE Networking (Aruba) Partner of the year 2026 |
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Key Digital Services
| · | Featured as a Leader in Everest Group Marketing Transformation Services PEAK Matrix® Assessment 2026 |
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| · | Featured as a Leader in Everest Group Healthcare Payer Digital Services PEAK Matrix® Assessment 2026 |
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| · | Recognized as a Leader by HFS Horizons for SAP S/4HANA Transformation Services, 2026 |
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| · | Recognized as a Leader by HFS Horizons for Global Capability Centers (GCC) Services, 2026 |
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| · | Featured as a Leader in PAC Radar Global Leaders in Quality Engineering in 2026 |
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Industry & Solutions
| · | Recognized as a Leader by HFS Horizons for Financial Crime Compliance (FCC) in Financial Services, 2026 |
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| · | Awarded by NelsonHall for Transforming Wealth and Asset Management Services |
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| · | Ranked as the number one IT services provider for banking in Europe and financial services in Nordics by Whitelane Research |
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| · | Infosys Finacle rated as a Leader in The Forrester Wave™: Digital Banking Engagement Platforms, Q2 2026 report |
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| · | Infosys Finacle ranked as a Leader across 22 categories by IBS Intelligence (IBSi) in its Annual Sales League Table (SLT) 2026 report |
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| · | Infosys Finacle received the MEA Finance Banking Technology Awards 2026 in three categories: 'Best Core Banking Technology Implementation' with Emirates Investment Bank; 'Best Open Banking & API Implementation' with Zand; and 'Best Open Banking and API Solutions Provider' |
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| · | Awarded the HPE GSI Financial Services Partner of the year 2026 |
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Read more about our Awards & Recognitions here.
About Infosys
| Infosys (NSE, BSE, NYSE: INFY) is a global leader in AI first business consulting and technology services. Over 325,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. As navigators of enterprise transformation, we enable businesses in 59 countries to unlock AI value at scale. With over four decades of experience in managing the systems and workings of global enterprises, we accelerate business transformation through our AI-first value framework, deep domain expertise, and our unique ability to orchestrate innovations from our AI-native partner ecosystem. Infosys is recognized as the fastest growing IT services brand globally, committed to being a well-governed, environmentally sustainable partner for our clients where deep talent expertise, in an inclusive workplace, help them navigate their next.<br><br><br>Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. |  |
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Safe Harbor
Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at https://www.sec.gov/. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Contact
| Investor Relations | Sandeep Mahindroo<br><br><br>+91 80 3980 1018<br><br><br>[email protected] | |
|---|---|---|
| Media Relations | Rishi Basu<br><br><br>+91 80 4156 3998<br><br><br>[email protected] | Chad Darwin<br><br><br>+1 323 422 3815<br><br><br>[email protected] |
Infosys Limited and subsidiaries
Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:
(In $ million)
| Particulars | June 30, 2026 | March 31, 2026 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | 2,287 | 2,341 |
| Current investments | 837 | 1,365 |
| Trade receivables | 3,569 | 3,715 |
| Unbilled revenue | 1,759 | 1,633 |
| Other current assets | 1,953 | 1,858 |
| Total current assets | 10,405 | 10,912 |
| Non-current assets | ||
| Property, plant and equipment and Right-of-use assets | 2,066 | 2,057 |
| Goodwill and other Intangible assets | 2,042 | 1,576 |
| Non-current investments | 924 | 942 |
| Unbilled revenue | 207 | 183 |
| Other non-current assets | 715 | 776 |
| Total non-current assets | 5,954 | 5,534 |
| Total assets | 16,359 | 16,446 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Trade payables | 463 | 500 |
| Unearned revenue | 1,222 | 1,248 |
| Employee benefit obligations | 388 | 372 |
| Other current liabilities and provisions | 3,515 | 3,396 |
| Total current liabilities | 5,588 | 5,516 |
| Non-current liabilities | ||
| Lease liabilities | 563 | 634 |
| Other non-current liabilities | 534 | 456 |
| Total non-current liabilities | 1,097 | 1,090 |
| Total liabilities | 6,685 | 6,606 |
| Total equity attributable to equity holders of the company | 9,619 | 9,786 |
| Non-controlling interests | 55 | 54 |
| Total equity | 9,674 | 9,840 |
| Total liabilities and equity | 16,359 | 16,446 |
Extracted from the Condensed Consolidated Statement of Comprehensive Income under IFRS for:
(In $ million except per equity share data)
| Particulars | 3 months ended June 30, 2026 | 3 months ended June 30, 2025 |
|---|---|---|
| Revenues | 5,082 | 4,941 |
| Cost of sales | 3,482 | 3,416 |
| Gross profit | 1,600 | 1,525 |
| Operating expenses: | ||
| Selling and marketing expenses | 270 | 258 |
| Administrative expenses | 258 | 239 |
| Total operating expenses | 528 | 497 |
| Operating profit | 1,072 | 1,028 |
| Other income, net of finance cost | 91 | 110 |
| Profit before income taxes | 1,163 | 1,138 |
| Income tax expense | 343 | 329 |
| Net profit (before non-controlling interests) | 820 | 809 |
| Net profit (after non-controlling interests) | 819 | 809 |
| Basic EPS ($) | 0.20 | 0.20 |
| Diluted EPS ($) | 0.20 | 0.19 |
NOTES:
| a) | The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter ended June 30, 2026, which have been taken on record at the Board meeting held on July 23, 2026. |
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| b) | Revenue growth in reported currency includes the impact of currency fluctuations. Additionally, we calculate constant currency (CC) growth by comparing current period revenues in respective local currencies converted to US$ using prior period exchange rates and comparing the same to our prior period reported revenues. |
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| c) | A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com. |
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Exhibit 99.3
Form of Release to Stock Exchanges
 |
Infosys Limited<br><br>Regd. office: Electronics City, Hosur Road,<br><br>Bengaluru 560 100, India | CIN : L85110KA1981PLC013115<br><br>Website: www.infosys.com<br><br>email: [email protected]<br><br>T: 91 80 2852 0261, F: 91 80 2852 0362 |
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Statement of Consolidated Audited Results of Infosys Limited and its subsidiaries for the quarter ended June 30, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS)
(in 
crore, except per equity share data)
| Particulars | Quarter<br><br>ended<br><br>June 30, | Quarter<br><br>ended<br><br>March 31, | Quarter<br><br>ended<br><br>June 30, | Year ended<br><br>March 31, |
|---|---|---|---|---|
| 2026 | 2026 | 2025 | 2026 | |
| Audited | Audited | Audited | Audited | |
| Revenue from operations | 48,211 | 46,402 | 42,279 | 178,650 |
| Other income, net | 984 | 1,159 | 1,042 | 4,322 |
| Total Income | 49,195 | 47,561 | 43,321 | 182,972 |
| Expenses | ||||
| Employee benefit expenses | 25,287 | 24,688 | 22,847 | 95,094 |
| Cost of technical sub-contractors | 4,181 | 3,952 | 3,497 | 15,421 |
| Travel expenses | 701 | 532 | 516 | 2,097 |
| Cost of software packages and others | 4,421 | 3,969 | 3,746 | 15,722 |
| Communication expenses | 150 | 141 | 144 | 603 |
| Consultancy and professional charges | 603 | 661 | 464 | 2,090 |
| Depreciation and amortisation expenses | 1,246 | 1,424 | 1,140 | 4,902 |
| Finance cost | 119 | 105 | 105 | 416 |
| Other expenses | 1,459 | 1,292 | 1,122 | 5,343 |
| Total expenses | 38,167 | 36,764 | 33,581 | 141,688 |
| Profit before exceptional item and tax | 11,028 | 10,797 | 9,740 | 41,284 |
| Exceptional item | ||||
| Impact of Labour Codes | – | – | – | 1,289 |
| Profit before tax | 11,028 | 10,797 | 9,740 | 39,995 |
| Tax expense: | ||||
| Current tax | 3,356 | 2,664 | 3,053 | 11,767 |
| Deferred tax | (103) | (376) | (237) | (1,246) |
| Profit for the period | 7,775 | 8,509 | 6,924 | 29,474 |
| Other comprehensive income | ||||
| Items that will not be reclassified subsequently to profit or loss | ||||
| Remeasurement of the net defined benefit liability/asset, net | 296 | (236) | (70) | (288) |
| Equity instruments through other comprehensive income, net | 60 | 374 | 35 | 397 |
| Items that will be reclassified subsequently to profit or loss | ||||
| Fair value changes on derivatives designated as cash flow hedge, net | 49 | (11) | 6 | (1) |
| Exchange differences on translation of foreign operations | (94) | 1,021 | 1,019 | 3,256 |
| Fair value changes on investments, net | 60 | (93) | 123 | (27) |
| Total other comprehensive income/(loss), net of tax | 371 | 1,055 | 1,113 | 3,337 |
| Total comprehensive income for the period | 8,146 | 9,564 | 8,037 | 32,811 |
| Profit attributable to: | ||||
| Owners of the company | 7,769 | 8,501 | 6,921 | 29,440 |
| Non-controlling interests | 6 | 8 | 3 | 34 |
| 7,775 | 8,509 | 6,924 | 29,474 | |
| Total comprehensive income attributable to: | ||||
| Owners of the company | 8,142 | 9,546 | 8,024 | 32,750 |
| Non-controlling interests | 4 | 18 | 13 | 61 |
| 8,146 | 9,564 | 8,037 | 32,811 | |
| Paid up share capital (par value ₹5/- each, fully paid) | 2,025 | 2,024 | 2,074 | 2,024 |
| Other equity *^#^ | 90,828 | 90,828 | 93,745 | 90,828 |
| Earnings per equity share (par value ₹5/- each)** | ||||
| Basic (in ₹ per share) | 19.19 | 21.01 | 16.70 | 71.58 |
| Diluted (in ₹ per share) | 19.17 | 20.98 | 16.68 | 71.46 |
| * | Balances for the quarter ended June 30, 2026 and June 30, 2025 represent balances as per<br>the audited Balance Sheet for the year ended March 31, 2026 and March 31, 2025, respectively as required by SEBI (Listing and Other Disclosure<br>Requirements) Regulations, 2015 | |||
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| ** | EPS is not annualized for the quarter ended June 30, 2026, quarter ended March 31, 2026<br>and quarter ended June 30, 2025 | |||
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| ^#^ | Excludes non-controlling interest | |||
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1. Notes
| a) | The audited interim condensed consolidated financial statements for the quarter ended June<br>30, 2026 have been taken on record by the Board of Directors at its meeting held on July 23, 2026. The statutory auditors, Deloitte<br>Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited<br>interim condensed consolidated financial statements. Those interim condensed consolidated financial statements are prepared in accordance<br>with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies<br>(Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter. |
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| b) | Based on the recommendations of the Nomination and Remuneration Committee, the Board at its meeting held on July 23, 2026, approved and appointed,<br>effective today, Ashiss Kumar Dash as the Chief Executive Officer Designate ("CEO Designate") of the Company until March 31, 2027. Further,<br>the Board approved its intention to appoint Ashiss Kumar Dash as the Chief Executive Officer and Managing Director of the Company with effect from April 1, 2027 upon fulfilment of all statutory requirements. |
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| c) | Nitin Paranjpe (DIN: 00045204) an Independent Director was appointed as Vice Chairman of the Company effective April 30, 2026. |
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| d) | Michael Nelson Gibbs (DIN: 08177291) an Independent Director of Infosys Limited, retired effective July 12, 2026, upon completion of his second term.<br>The composition of the Board and its Committees continue to be in compliance with the requirements of applicable laws. |
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| e) | Update on acquisitions |
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| i) | On April 21, 2026, Infosys Nova Holdings LLC, a wholly owned subsidiary of Infosys Limited,<br>acquired a 100% partnership interest in Stratus Global LLC, a leading insurance technology partner serving Property & Casualty insurers<br>and Managing General Agents, headquartered in USA., for a purchase consideration including earnouts amounting to $74 million (₹697<br>crore). The total purchase consideration includes upfront cash consideration of $69 million (₹646 crore) and contingent consideration<br>with an estimated fair value of $5 million (₹51 crore) as on the date of acquisition. Additionally, this acquisition has retention<br>bonus and management incentives payable to the employees of the acquiree over three years, subject to their continuous employment with<br>the Group and achievement of financial targets for the respective years. |
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| ii) | On May 4, 2026, Infosys Nova Holdings LLC, a wholly owned subsidiary of Infosys Limited,<br>acquired 100% voting interests in Optimum Achieve Holdings Inc., a healthcare digital transformation and consulting firm headquartered<br>in USA, along with its other subsidiaries including Optimum Healthcare IT, LLC, for a purchase consideration including earnouts amounting<br>to $365 million (₹3,470 crore). The total purchase consideration includes upfront cash consideration of $299 million (₹2,844<br>crore) and contingent consideration with an estimated fair value of $66 million (₹626 crore) as on the date of acquisition. Additionally,<br>this acquisition has retention bonus and management incentives payable to the employees of the acquiree over four years, subject to their<br>continuous employment with the Group and achievement of financial targets for the respective years. |
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| f) | Stock grants<br><br>The Board, on July 23, 2026, based on the recommendations of the Nomination and Remuneration Committee approved the grant of 9,836 Restricted Stock Units (RSUs) under the 2015 Incentive Compensation Plan (2015 Plan) to eligible new hires. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f August 1, 2026 and the exercise price will be equal to the par value of the share. |
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2. Information on dividends for the quarter ended June 30, 2026
For financial year 2026, the Board recommended a final dividend of 25/- (par value of 5/- each) per equity share. The same was approved by the shareholders in the Annual General Meeting (AGM) of the Company held on June 23, 2026 and paid on June 25, 2026.
(in )
| Particulars | Quarter<br>ended<br><br>June 30, | Quarter<br>ended<br><br>March 31, | Quarter<br>ended<br><br>June 30, | Year ended<br><br>March 31, |
|---|---|---|---|---|
| 2026 | 2026 | 2025 | 2026 | |
| Dividend per share (par value 5/- each) |
||||
| Interim dividend | – | – | – | 23.00 |
| Final dividend | – | 25.00 | – | 25.00 |
3. Segment reporting (Consolidated - Audited)
(in crore)
| Particulars | Quarter<br>ended<br><br>June 30, | Quarter<br>ended<br><br>March 31, | Quarter<br>ended<br><br>June 30, | Year ended<br><br>March 31, |
|---|---|---|---|---|
| 2026 | 2026 | 2025 | 2026 | |
| Revenue by business segment | ||||
| Financial Services ^(1)^ | 13,463 | 12,976 | 11,796 | 49,908 |
| Manufacturing | 7,668 | 7,358 | 6,804 | 29,078 |
| Energy, Utilities, Resources and Services | 6,452 | 6,114 | 5,742 | 23,818 |
| Retail ^(2)^ | 6,172 | 5,958 | 5,651 | 23,077 |
| Communication ^(3)^ | 5,791 | 5,752 | 5,097 | 21,765 |
| Life Sciences ^(4)^ | 3,842 | 3,393 | 2,745 | 12,267 |
| Hi-Tech | 3,710 | 3,558 | 3,296 | 13,928 |
| All other segments ^(5)^ | 1,113 | 1,293 | 1,148 | 4,809 |
| Total | 48,211 | 46,402 | 42,279 | 178,650 |
| Less: Inter-segment revenue | – | – | – | – |
| Net revenue from operations | 48,211 | 46,402 | 42,279 | 178,650 |
| Segment Profit: | ||||
| Financial Services ^(1)^ | 3,662 | 3,410 | 2,973 | 12,678 |
| Manufacturing | 1,685 | 1,541 | 1,416 | 6,444 |
| Energy, Utilities, Resources<br>and Services | 1,576 | 1,548 | 1,437 | 5,984 |
| Retail ^(2)^ | 1,701 | 1,811 | 1,691 | 7,089 |
| Communication ^(3)^ | 1,180 | 1,027 | 880 | 3,861 |
| Hi-Tech | 911 | 930 | 768 | 3,228 |
| Life Sciences ^(4)^ | 619 | 659 | 554 | 2,444 |
| All other segments ^(5)^ | 75 | 241 | 224 | 717 |
| Total | 11,409 | 11,167 | 9,943 | 42,445 |
| Less: Other Unallocable expenditure* | 1,246 | 1,424 | 1,140 | 6,191 |
| Add: Unallocable other income | 984 | 1,159 | 1,042 | 4,157 |
| Less: Finance cost | 119 | 105 | 105 | 416 |
| Profit before tax and non-controlling interests | 11,028 | 10,797 | 9,740 | 39,995 |
| ^(1)^ | Financial Services include enterprises in Financial Services and Insurance | |||
| --- | --- | |||
| ^(2)^ | Retail includes enterprises in Retail, Consumer Packaged Goods and Logistics | |||
| --- | --- | |||
| ^(3)^ | Communication includes enterprises in Communication, Telecom OEM and Media | |||
| --- | --- | |||
| ^(4)^ | Life Sciences includes enterprises in Life sciences and Health care | |||
| --- | --- | |||
| ^(5)^ | All other segments include operating segments of businesses in India, Japan, China, Infosys<br>Public Services & identified enterprises in Public Services | |||
| --- | --- | |||
| * | Unallocable expense includes<br>₹1,289 crore towards impact of Labour Codes for the year ended March 31, 2026. | |||
| --- | --- |
Notes on segment information
Business segments
Based on the "management approach" as required by Ind-AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented along these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments.
Segmental capital employed
Assets and liabilities used in the Group's business are not identified to any of the reportable segments, as these are used interchangeably between segments. The Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.
4. Audited financial results of Infosys Limited (Standalone Information)
(in crore)
| Particulars | Quarter<br><br>ended<br><br>June 30, | Quarter<br><br>ended<br><br>March 31, | Quarter<br><br>ended<br><br>June 30, | Year ended<br><br>March 31, |
|---|---|---|---|---|
| 2026 | 2026 | 2025 | 2026 | |
| Audited | Audited | Audited | Audited | |
| Revenue from operations | 39,957 | 38,641 | 35,275 | 148,819 |
| Profit before exceptional item and tax | 10,161 | 9,956 | 8,660 | 39,903 |
| Exceptional item - Impact of Labour Codes | – | – | – | 1,146 |
| Profit before tax | 10,161 | 9,956 | 8,660 | 38,757 |
| Profit for the period | 7,249 | 7,975 | 6,114 | 29,211 |
The audited results of Infosys Limited for the above mentioned periods are available on our website, www.infosys.com and on the stock exchange website www.nseindia.com and www.bseindia.com. The information above has been extracted from the audited interim standalone financial statements as stated.
| By order of the Board for Infosys Limited | |
|---|---|
| Bengaluru, India<br><br>July 23, 2026 | Salil Parekh<br><br>Chief Executive Officer and Managing Director |
The Board has also taken on record the consolidated results of Infosys Limited and its subsidiaries for the quarter ended June 30, 2026, prepared as per International Financial Reporting Standards (IFRS) and reported in US dollars. A summary of the financial statements is as follows:
(in US$ million, except per equity share data)
| Particulars | Quarter<br><br>ended<br><br>June 30, | Quarter<br><br>ended<br><br>March 31, | Quarter<br><br>ended<br><br>June 30, | Year ended<br><br>March 31, |
|---|---|---|---|---|
| 2026 | 2026 | 2025 | 2026 | |
| Audited | Audited | Audited | Audited | |
| Revenues | 5,082 | 5,040 | 4,941 | 20,158 |
| Cost of sales | 3,482 | 3,485 | 3,416 | 14,079 |
| Gross profit | 1,600 | 1,555 | 1,525 | 6,079 |
| Operating expenses | 528 | 500 | 497 | 1,994 |
| Operating profit ^#^ | 1,072 | 1,055 | 1,028 | 4,085 |
| Other income, net | 104 | 125 | 122 | 468 |
| Finance cost | 13 | 12 | 12 | 47 |
| Profit before income taxes | 1,163 | 1,168 | 1,138 | 4,506 |
| Income tax expense | 343 | 248 | 329 | 1,190 |
| Net profit | 820 | 920 | 809 | 3,316 |
| Earnings per equity share* | ||||
| Basic (in $ per share) | 0.20 | 0.23 | 0.20 | 0.81 |
| Diluted (in $ per share) | 0.20 | 0.23 | 0.19 | 0.80 |
| Total assets | 16,359 | 16,446 | 17,447 | 16,446 |
| Cash and cash equivalents and current investments | 3,124 | 3,706 | 4,089 | 3,706 |
| * | EPS is not annualized for the quarter ended June 30, 2026, quarter ended March 31, 2026<br>and quarter ended June 30, 2025. | |||
| --- | --- | |||
| # | includes $143 million<br>towards impact of Labour Codes for the year ended March 31, 2026. | |||
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Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Exhibit 99.4
Press Release - Infosys Board Appoints Ashiss Kumar Dash as CEO designate
