Bengaluru-based IT services major Infosys Ltd on Thursday narrowed its revenue growth guidance for FY26 in constant currency terms to 0- 3 per cent in comparison to 4.5 per cent to 5 per cent as was projected at the December quarter. The IT giant also revised its guidance for operating margin for the current financial year to 20-22 per cent.
In the post earnings press conference, the company management said, “Our guidance reflects uncertainty at the lower end. We are making sure we share with clients what is visible to us.”
On Thursday, Infosys released its earnings report for Q4FY25 and the financial year ended March 31, 2025 and delivered $19,277 million in FY25 revenues, up 4.2 per cent in constant currency. Operating margin was at 21.1 per cent, posting an expansion of 0.5 per cent year-on-year. Free cash flow, it said, was the highest ever at $4,088 million, up 41.8 per cent YoY. Infosys recorded TCV of large deal wins at $11.6 billion for the year, with 56 per cent net new.
Now for Q4FY25, Infosys recorded revenue at $4,730 million, up 4.8 per cent year-on-year in constant currency and 3.6 per cent in reported terms. Operating margin was at 21.0 per cent, reporting an increase of 0.9 per cent YoY.
In rupee terms, Infosys posted Q4 profit at Rs 7033 crore, recording a decline of 11.75 per cent in comparison to Rs 7969 crore during the same period of previous financial year. The company reported revenue from operations at Rs 40,925 crore, up 7.92 per cent YoY.
Salil Parekh, CEO and MD, Infosys, said, “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.”
The company board also proposed a final dividend of Rs 22, which along with the interim dividend, is an increase of 13.2 per cent over last year.