Infosys Limited (INFY) Earnings Call Transcripts

Infosys Limited's Latest Earnings Call - June 23, 2026

In the fiscal year 2026, Infosys Limited reported revenues of USD 20 billion, reflecting a 3.1% growth in constant currency, while maintaining an adjusted operating margin of 21%. The company generated USD 3.7 billion in free cash flow, representing 112.6% of net profit, and declared a total dividend of INR 48 per share, marking an 11.6% increase year-on-year. Management provided a revenue growth guidance of 1.5% to 3.5% for fiscal 2027, indicating cautious optimism amid a challenging macroeconomic environment.

Reported metrics

Guidance from management

Management has provided a revenue growth guidance of 1.5% to 3.5% for FY 2027, indicating cautious optimism amid macroeconomic challenges. They reiterated a commitment to maintaining a strong capital return policy.

What management said

Welcome to the 45th Annual General Meeting. Hope all of you are safe and in good health. This meeting is being held through video conference in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. Members participating through video conference are being considered for the purpose of quorum as per the circulars issued by the MCA and Section 103 of the Companies Act 2013. We have the req...

Thank you, Nandan. The statutory auditors, Deloitte Haskins and Sell LLP and the Secretary Auditor, Macron Joshin Company, have expressed unqualified opinion in their respective audit reports for the financial year 2026. There were no qualifications, observations or adverse comments on the financial statements and matters which have any material bearing on the functioning of the company. The statutory auditor's rep...

What analysts pressed on

Analysts expressed concerns regarding the impact of macroeconomic conditions on growth, particularly in the context of AI adoption and competitive pressures. There were questions about the company's ability to maintain margins and the effectiveness of its capital allocation strategy.

Main topics on the call

• Revenue and Margin Stability — Infosys achieved USD 20 billion in revenue for FY 2026, growing 3.1% in constant currency with an operating margin of 21%. CEO Salil Parekh stated, "We delivered a strong performance in financial year 2026, despite a cha...
• AI Services Growth Potential — The company highlighted a significant opportunity in AI services, estimating an addressable market of USD 300 billion to USD 400 billion by 2030. Parekh noted, "We continue to see good growth in this AI services revenue,...
• Capital Return Policy — Infosys has returned over INR 55,000 crores in the past two years through dividends and buybacks, maintaining a policy to return 85% of free cash flow. The company plans to progressively increase dividends per share.
• Employee Growth and Training — The company recruited over 20,000 graduates in FY 2026 and aims to enhance employee skills for AI roles. Nilekani emphasized, "We are systematically preparing our talent for this new era," indicating a focus on talent tr...

Read the full Infosys Limited transcript (June 23, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 52 Infosys Limited earnings call transcripts on record, spanning January 10, 2020 to July 23, 2026. Based on this history, Infosys Limited reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

INFY

Exchange

NSEI

Country

IN

Sector

Information Technology

Industry

IT Services

Calls on record

52

First call

January 10, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly