BSEResult2d ago · 23 Oct 2026, 04:16 pm

Results for the quarter and half year ended September 30, 2026 and declaration of interim dividend

Infosys Ltd · 500209

✦ AI Summary▲ PositiveResults

Infosys Ltd has announced its financial results for the quarter and half year ended September 30, 2026, with a 1.2% QoQ and 1.5% YoY revenue growth. The company has also declared an interim dividend of ₹ 26/- per equity share.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Infosys Ltd - 500209 - Financial Results For The Quarter And Half Year Ended September 30, 2026 And Declaration Of Interim Dividend

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TO ALL STOCK EXCHANGES BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED NEW YORK STOCK EXCHANGE October 23, 2026 Dear Sir/ Madam, Sub: Outcome of the Board meeting This has reference to our letter dated September 15, 2026, regarding the captioned subject. The Board, at their meeting held on October 22-23, 2026 transacted the following items of business: Financial Results: 1. Approved the audited consolidated financial results of the Company and its subsidiaries as per Indian Accounting Standards (“INDAS”) for the quarter and half year ended September 30, 2026; 2. Approved the audited standalone financial results of the Company as per INDAS for the quarter and half year ended September 30, 2026; 3. Approved the audited financial statements of the Company and its subsidiaries as per INDAS and International Financial Reporting Standard (“IFRS”) for the quarter and half year ended September 30, 2026; Dividend: 4. Declared an interim dividend of ₹ 26/- per equity share, fixed November 3, 2026 as a record date and November 11, 2026 as a payout date. Stock grants: 5. Based on the recommendations of the Nomination and Remuneration Committee, the Board approved the grant of 9,640 Restricted Stock Units (‘RSUs’) under the 2015 Incentive Compensation Plan (’2015 Plan’) to eligible employees. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f., November 1, 2026 and the exercise price will be equal to the par value of the share. Allotment of equity shares: 6. Allotted 15,578 equity shares of face value of ₹ 5/- each, pursuant to exercise of Restricted Stock Units by eligible employees as hereunder: • 2,841 equity shares under the 2015 Incentive Compensation Plan; • 12,737 equity shares under the Infosys Expanded Stock Ownership Program 2019. Consequently, effective from October 23, 2026, the issued and subscribed share capital of the Company stands increased to ₹ 20,29,14,60,780/- divided into 4,05,82,92,156 equity shares of ₹5/- each. The Board meeting was held on October 22 and 23, 2026. The Board meeting on October 23, 2026 commenced at 12.27 PM IST and concluded at 4.00 PM IST. We are hereby enclosing herewith the financial results, press releases, and other annexures mentioned above. The same will also be made available on the Company’s website www.infosys.com. This is for your information and records. Yours sincerely, For Infosys Limited Manikantha A.G.S. Company Secretary Membership No: A21918 Fact Sheet Fact Sheet Consolidated Financial Data - Second Quarter, Fiscal 2027 Consolidated Financial Data - Second Quarter, Fiscal 2023 1.2% QoQ 21.0% 8.7% YoY $5.2 Bn $0.93 Bn 10.5% 1.5% YoY Operating EPS Increase Large Deal TCV Free Cash Flow AI as a % of CC Growth# Margin (₹ terms) (62% Net New) (FCF) Revenue Revenue Growth- Q2 27 Reported CC QoQ growth (%) 1.2% 1.2% YoY growth (%) 1.3% 1.5% Revenues by Business Segments (in %) Quarter ended YoY Growth Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Reported CC Financial Services 2 8.0 2 7.9 2 7.7 2 .3 2 .1 Manufacturing 1 6.0 1 5.9 1 6.5 ( 1.4) ( 0.7) Energy, Utilities, Resources & Services 1 4.2 1 3.4 1 3.4 7 .4 7 .3 Retail 1 1.5 1 2.8 1 2.7 ( 8.1) ( 7.7) Communication 1 2.5 1 2.0 1 2.1 4 .4 4 .1 Hi-Tech 6 .8 7 .7 8 .3 ( 17.5) ( 17.3) Life Sciences 8 .4 8 .0 6 .4 3 2.5 3 2.5 Others 2 .6 2 .3 2 .9 ( 7.4) ( 4.7) Total 1 00.0 1 00.0 1 00.0 1 .3 1 .5 Revenues by Client Geography (in %) Quarter ended YoY Growth Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Reported CC North America 5 4.6 5 6.4 5 6.3 ( 1.6) ( 1.5) Europe 3 2.5 3 2.1 3 1.7 3 .9 4 .6 Rest of the world 1 0.1 9 .0 8 .9 1 5.1 1 0.9 India 2 .8 2 .5 3 .1 ( 10.5) ( 3.5) Total 1 00.0 1 00.0 1 00.0 1 .3 1 .5 Client Data Quarter ended Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Number of clients Active 2,060 2,027 1,896 Added during the period (gross) 1 42 1 55 1 18 Number of Million dollar clients^ 1 Million dollar + 1,048 1,026 1,012 10 Million dollar + 3 22 3 33 3 22 50 Million dollar + 87 85 85 100 Million dollar + 42 41 41 Client contribution to revenues Top 5 clients 12.2% 12.1% 13.0% Top 10 clients 19.8% 19.9% 20.7% Top 25 clients 34.0% 33.9% 35.2% Days sales outstanding^ 64 63 71 ^LTM (Last twelve months) Revenues #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. www.infosys.com Page 1 of 4 Fact Sheet Fact Sheet Consolidated Financial Data - Second Quarter, Fiscal 2027 Consolidated Financial Data - Second Quarter, Fiscal 2023 Effort & Utilization – Consolidated IT Services (in %) Quarter ended Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Effort Onsite 22.6 22.8 23.2 Offshore 77.4 77.2 76.8 Utilization Including trainees 81.9 82.1 82.2 Excluding trainees 85.4 84.9 85.1 Employee Metrics (Nos.) Quarter ended Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Total employees 332,542 328,062 331,991 S/W professionals 314,508 310,039 314,500 Sales & Support 18,034 18,023 17,491 Voluntary Attrition % (LTM - IT Services) 12.7% 13.0% 14.3% % of Women Employees 39.8% 39.6% 39.5% Cash Metrics In US $ million Quarter ended Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 FCF(1) 9 28 9 55 1,101 Consolidated cash and investments(2) 4,720 3,916 6,173 In ₹ crore Quarter ended Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 FCF(1) 8,898 9,051 9,677 Consolidated cash and investments(2) 45,232 37,065 54,809 (1) Free cash flow is defined as net cash provided by operating activities less capital expenditure as per the consolidated statement of cash flows prepared under IFRS (non-IFRS measure) (2) Consolidated cash and investments comprise of cash and cash equivalents, current and non-current investments excluding investments in equity and preference shares, unquoted compulsorily convertible debentures and others www.infosys.com Page 2 of 4 Fact Sheet Fact Sheet Consolidated Financial Data - Second Quarter, Fiscal 2027 Consolidated Financial Data - Second Quarter, Fiscal 2023 Consolidated Statement of Comprehensive Income for three months ended, (Extracted from IFRS Financial Statement) In US $ million, except per equity share data Growth % Growth % Particulars Sep 30, 2026 Sep 30, 2025 Jun 30, 2026 YoY QoQ Revenues 5 ,145 5 ,076 1.3% 5,082 1.2% Cost of sales 3,547 3,516 0.9% 3,482 1.9% Gross profit 1 ,598 1 ,560 2.4% 1,600 -0.1% Operating expenses: Selling and marketing expenses 2 60 2 54 2.4% 2 70 -3.7% Administrative expenses 2 59 2 41 7.5% 2 58 0.4% Total operating expenses 519 495 4.8% 528 -1.7% Operating profit 1 ,079 1 ,065 1.3% 1,072 0.7% Operating margin % 21.0 21.0 0.0% 21.1 -0.1% Other income, net of finance cost 77 1 00 -23.0% 91 -15.4% Profit before income taxes 1 ,156 1 ,165 -0.8% 1,163 -0.6% Income tax expense 3 37 3 25 3.7% 3 43 -1.7% Net profit (after non-controlling interests) 817 839 -2.5% 819 -0.2% Basic EPS ($) 0.20 0.20 -0.3% 0.20 -0.3% Diluted EPS ($) 0.20 0.20 -0.2% 0.20 -0.3% Dividend per share ($)(1) 0.27 0.26 13.0% - - (1) Dividend Growth (%) calculated in INR terms. Consolidated Statement of Comprehensive Income for six months ended, (Extracted from IFRS Financial Statement) In US $ million, except per equity share data Particulars Sep 30, 2026 Sep 30, 2025 Growth % Revenues 10,227 10,018 2.1% Cost of sales 7,028 6,933 1.4% Gross profit 3 ,199 3 ,085 3.7% Operating expenses: Selling and marketing expenses 5 31 5 12 3.7% Administrative expenses 5 17 4 80 7.7% Total operating expenses 1 ,048 992 5.6% Operating profit 2 ,151 2 ,093 2.8% Operating margin % 21.0 20.9 0.1% Other income, net of finance cost 1 68 2 10 -20.0% Profit before income taxes 2 ,319 2 ,303 0.7% Income tax expense 6 80 6 54 4.0% Net profit (after non-controlling interests) 1 ,637 1 ,647 -0.6% Basic EPS ($) 0.40 0.40 1.7% Diluted EPS ($) 0.40 0.40 1.7% Dividend per share ($)(1) 0.27 0.26 13.0% (1) [Showing first 8,000 characters — download PDF for full document]