Infosys Q4 Results: Infosys missed fourth-quarter revenue estimates to post a Q4FY25 profit of Rs 7,033 crore (down 11.7%) while revenue rose 7.9% to Rs 40,925 crore. The company however hailed its advances in the field of Artificial Intelligence during FY25 — noting that it was well positioned to meet the need of clients.
“We have built a resilient organization with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees. Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest ever free cash generation. Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients,” said CEO and MD Salil Parekh.
The company also heralded several acquisitions in a regulatory filing on Wednesday — including an all-cash deal of AUD 98 million (about Rs 532 crore) to acquire Australian cybersecurity services firm The Missing Link. The cybersecurity and cloud services firm delivers services across the entire spectrum of IT strategy, technology roadmap, project management, cybersecurity, risk assessments and mitigation and automation services.
Infosys CEO and MD Salil Parekh said the company has guided for a revenue growth of 0-3 per cent in constant currency terms in the current fiscal year due to uncertainty in the environment. Meanwhile CFO Jayesh Sanghrajka indicated that the company remained on track to hire 20,000 freshers this fiscal year.
“The biggest headwind we had was because of the comp (compensation) that we had announced. A large part of our employees got a compensation increase effective first of January, and that impacted by 140 basis points. We had 40 basis points on account of amortization of intangibles for the acquisition that we made. Those were the headwinds,” Sanghrajka added.