Infosys Reports Mixed Q3 FY26 Results with Profit Dip and Revenue Growth
Infosys, the Bengaluru-based IT services giant, announced its financial results for the October–December quarter of fiscal year 2026 on Wednesday. The company reported a consolidated net profit of Rs 6,654 crore, marking a 2.2 per cent decline compared to the same period last year.
This profit figure represents a decrease from the Rs 6,806 crore net profit attributable to owners that Infosys recorded in the corresponding quarter of the previous financial year.
Revenue Shows Strong Year-on-Year Increase
Despite the dip in profit, Infosys demonstrated robust revenue performance. Revenue from operations surged by 8.89 per cent year-on-year to reach Rs 45,479 crore in Q3 FY26. This growth compares favorably with the Rs 41,764 crore revenue reported in the same quarter of the previous financial year.
On a sequential basis, the company's performance showed mixed trends. Profit declined by 9.6 per cent from the September quarter (Q2 FY26), while revenue experienced a 2.2 per cent quarter-on-quarter growth.
CEO Highlights AI-Driven Performance
Infosys CEO and Managing Director Salil Parekh commented on the quarterly results, describing the company's third-quarter showing as strong. He attributed this performance to growing demand for enterprise AI solutions under the Infosys Topaz platform.
"Clients increasingly view Infosys as their AI partner with demonstrated expertise, innovation capabilities and strong delivery credentials," Parekh stated. "This has helped them unlock business potential and enhance value realisation."
The CEO emphasized that the company's focus on re-skilling and empowering its workforce remains central to its AI-led growth strategy. This approach appears to be paying dividends in the competitive technology services market.
Market Reaction and Share Performance
Shares of Infosys ended marginally higher on the Bombay Stock Exchange, closing at Rs 1,599.05. This represented a slight increase of 0.07 per cent from the previous close. The company announced its quarterly results after market hours, allowing investors to digest the mixed financial performance.
The IT major's results come at a time when technology companies globally are navigating shifting market dynamics and evolving client demands. Infosys appears to be positioning itself strongly in the artificial intelligence space, which could influence its future performance in coming quarters.
