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Infosys Ltd. Earnings Release 2026
17843_rns_2026-01-15_1e9f4ca5-a237-441f-bf47-28a37964b5a0.pdf
Earnings Release
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BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED
January 15, 2026
Dear Sir/ Madam,
Sub: Newspaper advertisement pertaining to financial results of Q3 FY 2026
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed copies of the newspaper advertisement pertaining to financial results of the Company for the quarter and nine months ended December 31, 2025. The advertisements were published in English and Kannada newspapers today.
This information will also be hosted on the Company's website, at www.infosys.com
This is for your information and records.
Yours Sincerely, For Infosys Limited
Anur Gurugopala Raju Suryanarayana Manikantha Digitally signed by Anur Gurugopala Raju Suryanarayana Manikantha Date: 2026.01.15 12:35:51 +05'30'
A.G.S. Manikantha Company Secretary Membership No: A21918
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Infosys Limited
Regd. office: Electronics City, Hosur Road, Bengaluru 560 100. India.
CIN: L85110KA1981PLC013115 Website: www.infosys.com Email: [email protected] Telephone: 91 80 2852 0261 Fax: 91 80 2852 0362
Q3 FY 26 Financial Results
Extract of Consolidated Audited Financial Results of Infosys Limited and its subsidiaries for the quarter and nine months ended December 31, 2025 prepared in compliance with the Indian Accounting Standards (Ind-AS)
| iii vuutti except per equity silare qatar | |||
|---|---|---|---|
| Quarter ended | Nine months ended | Quarter ended | |
| Particulars | December 31, | December 31, | December 31, |
| 2025 | 2025 | 2024 | |
| Revenue from operations | 45,479 | 1,32,248 | 41,764 |
| Profit before exceptional item and tax | 10,518 | 30,488 | 9.670 |
| Exceptional item | |||
| Impact of labour codes (Refer to Note (c)) | 1,289 | 1,289 | |
| Profit before tax | 9,229 | 29,199 | 9,670 |
| Profit for the period | 6,666 | 20,965 | 6,822 |
| Total comprehensive income for the period (comprising profit for the | |||
| period after tax and other comprehensive income after tax) | 7,053 | 23,247 | 6,345 |
| Profit attributable to: | |||
| Owners of the Company | 6,654 | 20,939 | 6,806 |
| Non-controlling interests | 12 | 26 | 16 |
| 6,666 | 20,965 | 6,822 | |
| Total comprehensive income attributable to: | |||
| Owners of the company | 7,040 | 23,204 | 6,336 |
| Non-controlling interest | 13 | 43 | |
| 7,053 | 23,247 | 6,345 | |
| Paid-up share capital (par value ₹5/- each fully paid) | 2,024 | 2.024 | 2.072 |
| Other equity *# | 93,745 | 93,745 | 86,045 |
| Earnings per share (par value ₹5/- each)** | |||
| Basic (in ₹ per share) | 16.17 | 50.64 | 16.43 |
| Diluted (in ₹ per share) | 16.14 | 50.55 | 16.39 |
Balances for the quarter and nine months ended December 31, 2025 represent balances as per the audited Balance Sheet as at March 31, 2025 and balances for the quarter ended December 31, 2024 represent balances as per the audited Balance Sheet as at March 31, 2024 as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.
EPS is not annualized for the quarter and nine months ended December 31, 2025 and quarter ended December 31, 2024
Fxcludes non-controlling interest $#$
The audited interim condensed consolidated financial statements for the quarter and nine months ended December 31, 2025 have been a) taken on record by the Board of Directors at its meeting held on January 14, 2026. The statutory auditors, Deloitte Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited interim condensed consolidated financial statements. Those interim condensed consolidated financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.
b) Buyback of equity shares
The shareholders approved the proposal of buyback of equity shares recommended by its Board of Directors by way of e-voting through postal ballot, the results of which were declared on November 6, 2025. The buyback offer comprised a purchase of 10,00,00,000 equity
shares comprising approximately 2.41% of the total paid-up equity share capital of the Co basis) at a price of ₹1,800/- per equity share. The buyback was offered to all eligible equity shareholders (including those who became equity shareholders as on the record date by cancelling American Depository Shares and withdrawing underlying equity shares) of the Company as on the record date (i.e November 14, 2025) on a proportionate basis through the "Tender offer" route. The tender period for buyback commenced on November 20, 2025 and was open until November 26, 2025. The Company concluded the buyback procedure on December 4, 2025 and 10,00,00,000 equity shares were bought back and extinguished. The buyback resulted in a cash outflow of ₹18,000 crore (excluding transaction costs). The Company funded the buyback from its free reserves including securities premium as explained in Section 68 of the Companies Act, 2013. In accordance with Section 69 of the Companies Act, 2013, the Company has created a Capital Redemption Reserve of ₹50 crore equal to the nominal value of the shares bought back as an appropriation from the general reserve during the quarter ended December 31, 2025.
c) Impact of labour codes
On November 21, 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, ('Labour Codes') which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and postemployment. The Labour Codes, amongst other things introduces changes, including a uniform definition of wages and enhanced
benefits relating to leave. The Company has assessed the financial implications of these changes w gratuity liability arising out of past service cost and increase in leave liability. Considering the impact arising out of an enactment of the new legislation is an event of non-recurring nature, the Group has presented this incremental amount as "Impact of labour codes" under "Exceptional Item" in the Condensed Standalone and Consolidated Statement of Profit and Loss for the quarter and nine months ended December 31, 2025. The Group continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of liability pertaining to employee benefits.
d) Update on stock grants
The Board, on January 14, 2026, based on the recommendations of the Nomination and Remuneration Committee, approved the annual time-based stock incentives in the form of Restricted Stock Units (RSUs) to Salil Parekh, CEO & MD having a market value of ₹3 crore as on the date of grant under the 2015 Stock Incentive Compensation Plan (the 2015 Plan) in accordance with the terms of his employment agreement. The RSUs will vest in line with the employment agreement. The RSUs will be granted w.e.f February 1, 2026 and the number of RSUs will be calculated based on the market price at the close of trading day on a date immediately preceding the grant date. The exercise price of RSUs will be equal to the par value of the share.
1. Information on dividends for the quarter and nine months ended December 31, 2025
The Board of Directors (in the meeting held on October 16, 2025) declared an interim dividend of ₹23/- per equity share. The record date for the payment was October 27, 2025 and the same was paid on November 7, 2025. The interim dividend declared in the previous year was ₹21/- per equity share. $(in \bar{z})$
| Particulars | Quarter ended December 31. |
Nine months ended December 31. |
Quarter ended December 31. |
|---|---|---|---|
| 2025 | 2025 | 2024 | |
| Dividend per share (par value ₹5/- each) | |||
| Interim dividend | - | 23. |
esults of Infosys Limited (Standalone information
| Particulars | December 31. | Quarter ended Nine months ended December 31. |
Quarter ended December 31, |
|---|---|---|---|
| 2025 | 2025 | 2024 | |
| Revenue from operations | 37.996 | 1.10.178 | 34,915 |
| Profit before exceptional item and tax | 10,817 | 29,946 | 8.844 |
| Exceptional item - Impact of labour codes (Refer to Note (c)) | 1.146 | 1.146 | |
| Profit before tax | 9.671 | 28,800 | 8.844 |
| Profit for the period | 7.363 | 21.236 | 6,358 |
The above is an extract of the detailed format of the quarterly audited financial results filed with Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Requlations. 2015. The full format of the Quarterly Audited Financial Results are available on the Stock Exchange websites, www.nseindia.com and www.bseindia.com, and on the Company's website, www.infosys.com.
By order of the Board
for Infosys Limited
Sd/-
Salil Parekh
Chief Executive Officer and Managing Director
Certain statements in this release concerning our future growth prospects, our future financial or operating performance, the McCamish cybersecurity incident, and the United States H-1B visa program are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid working model, economic uncertainties and geo-political situations, technological disruptions and innovations such as generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our Capital Allocation Policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, the outcome of pending litigation, the amount of any additional costs resulting directly or indirectly from the McCamish cybersecurity incident, the outcome of the government investigation, the timing, implementation, duration and effect of the September 19, 2025 proclamation signed by the president of the United States related to the H-1B visa program, and the effect of current and any future tariffs. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings includin ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forwardlooking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and in our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless required by law.
Bengaluru, India January 14, 2026 (in $\bar{\tau}$ crore)
ಪ್ರಜಾ ಹಿವಾಣಿ
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Infosys Limited
Regd. office: Electronics City, Hosur Road, Bengaluru 560 100. India
CIN: L85110KA1981PLC013115 Website: www.infosys.com Email: [email protected] Telephone: 91 80 2852 0261 Fax: 91 80 2852 0362
Q3 FY 26 Financial Results
Extract of Consolidated Audited Financial Results of Infosys Limited and its subsidiaries for the quarter and nine months ended December 31, 2025 prepared in compliance with the Indian Accounting Standards (Ind-AS)
| (in ₹ crore, except per equity share data) | |||
|---|---|---|---|
| Quarter ended | Nine months ended | Quarter ended | |
| Particulars | December 31. | December 31. | December 31. |
| 2025 | 2025 | 2024 | |
| Revenue from operations | 45,479 | 1,32,248 | 41,764 |
| Profit before exceptional item and tax | 10,518 | 30,488 | 9.670 |
| Exceptional item | |||
| Impact of labour codes (Refer to Note (c)) | 1,289 | 1,289 | |
| Profit before tax | 9,229 | 29,199 | 9,670 |
| Profit for the period | 6,666 | 20.965 | 6,822 |
| Total comprehensive income for the period (comprising profit for the | |||
| period after tax and other comprehensive income after tax) | 7,053 | 23,247 | 6,345 |
| Profit attributable to: | |||
| Owners of the Company | 6,654 | 20,939 | 6,806 |
| Non-controlling interests | 12 | 26 | 16 |
| 6,666 | 20,965 | 6,822 | |
| Total comprehensive income attributable to: | |||
| Owners of the company | 7,040 | 23,204 | 6,336 |
| Non-controlling interest | 13 | 43 | 9 |
| 7,053 | 23,247 | 6,345 | |
| Paid-up share capital (par value ₹5/- each fully paid) | 2,024 | 2,024 | 2,072 |
| Other equity *# | 93,745 | 93,745 | 86,045 |
| Earnings per share (par value ₹5/- each)** | |||
| Basic (in ₹ per share) | 16.17 | 50.64 | 16.43 |
| Diluted (in ₹ per share) | 16.14 | 50.55 | 16.39 |
Balances for the quarter and nine months ended December 31, 2025 represent balances as per the audited Balance Sheet as at March 31. 2025 and balances for the quarter ended December 31, 2024 represent balances as per the audited Balance Sheet as at March 31. 2024 as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.
EPS is not annualized for the quarter and nine months ended December 31, 2025 and quarter ended December 31, 2024
Excludes non-controlling interest $#$
The audited interim condensed consolidated financial statements for the quarter and nine months ended December 31, 2025 have been a) taken on record by the Board of Directors at its meeting held on January 14, 2026. The statutory auditors, Deloitte Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited interim condensed consolidated financial statements. Those interim condensed consolidated financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.
b) Buyback of equity shares
The shareholders approved the proposal of buyback of equity shares recommended by its Board of Directors by way of e-voting through postal ballot, the results of which were declared on November 6, 2025. The buyback offer comprised a purchase of 10,00,00,000 equity
shares comprising approximately 2.41% of the total paid-up equity share capital of the Co basis) at a price of ₹1,800/- per equity share. The buyback was offered to all eligible equity shareholders (including those who became equity shareholders as on the record date by cancelling American Depository Shares and withdrawing underlying equity shares) of the Company as on the record date (i.e November 14, 2025) on a proportionate basis through the "Tender offer" route. The tender period for buyback commenced on November 20, 2025 and was open until November 26, 2025. The Company concluded the buyback procedure on December 4, 2025 and 10,00,00,000 equity shares were bought back and extinguished. The buyback resulted in a cash outflow of ₹18,000 crore (excluding transaction costs). The Company funded the buyback from its free reserves including securities premium as explained in Section 68 of the Companies Act, 2013. In accordance with Section 69 of the Companies Act, 2013, the Company has created a Capital Redemption Reserve of ₹50 crore equal to the nominal value of the shares bought back as an appropriation from the general reserve during the quarter ended December 31, 2025.
c) Impact of labour codes
On November 21, 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, ('Labour Codes') which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and postemployment. The Labour Codes, amongst other things introduces changes, including a uniform definition of wages and enhanced
benefits relating to leave. The Company has assessed the financial implications of these changes w gratuity liability arising out of past service cost and increase in leave liability. Considering the impact arising out of an enactment of the new legislation is an event of non-recurring nature, the Group has presented this incremental amount as "Impact of labour codes" under "Exceptional Item" in the Condensed Standalone and Consolidated Statement of Profit and Loss for the quarter and nine months ended December 31, 2025. The Group continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of liability pertaining to employee benefits.
d) Update on stock grants
The Board, on January 14, 2026, based on the recommendations of the Nomination and Remuneration Committee, approved the annual time-based stock incentives in the form of Restricted Stock Units (RSUs) to Salil Parekh, CEO & MD having a market value of ₹3 crore as on the date of grant under the 2015 Stock Incentive Compensation Plan (the 2015 Plan) in accordance with the terms of his employment agreement. The RSUs will vest in line with the employment agreement. The RSUs will be granted w.e.f February 1, 2026 and the number of RSUs will be calculated based on the market price at the close of trading day on a date immediately preceding the grant date. The exercise price of RSUs will be equal to the par value of the share.
1. Information on dividends for the quarter and nine months ended December 31, 2025
The Board of Directors (in the meeting held on October 16, 2025) declared an interim dividend of ₹23/- per equity share. The record date for the payment was October 27, 2025 and the same was paid on November 7, 2025. The interim dividend declared in the previous year was ₹21/- per equity share. $(in \bar{z})$
| Particulars | Quarter ended December 31. |
Nine months ended December 31. |
Quarter ended December 31. |
|---|---|---|---|
| 2025 | 2025 | 2024 | |
| Dividend per share (par value ₹5/- each) | |||
| Interim dividend | 23 |
esults of Infosys Limited (Standalone information
| Particulars | December 31. | Quarter ended Nine months ended December 31. |
Quarter ended December 31, |
|---|---|---|---|
| 2025 | 2025 | 2024 | |
| Revenue from operations | 37.996 | 1.10.178 | 34,915 |
| Profit before exceptional item and tax | 10,817 | 29,946 | 8.844 |
| Exceptional item - Impact of labour codes (Refer to Note (c)) | 1.146 | 1.146 | |
| Profit before tax | 9.671 | 28,800 | 8.844 |
| Profit for the period | 7.363 | 21.236 | 6,358 |
The above is an extract of the detailed format of the quarterly audited financial results filed with Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Requlations. 2015. The full format of the Quarterly Audited Financial Results are available on the Stock Exchange websites, www.nseindia.com and www.bseindia.com, and on the Company's website, www.infosys.com.
By order of the Board
for Infosys Limited
Sd/-
Salil Parekh
Chief Executive Officer and Managing Director
Certain statements in this release concerning our future growth prospects, our future financial or operating performance, the McCamish cybersecurity incident, and the United States H-1B visa program are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid working model, economic uncertainties and geo-political situations, technological disruptions and innovations such as generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our Capital Allocation Policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, the outcome of pending litigation, the amount of any additional costs resulting directly or indirectly from the McCamish cybersecurity incident, the outcome of the government investigation, the timing, implementation, duration and effect of the September 19, 2025 proclamation signed by the president of the United States related to the H-1B visa program, and the effect of current and any future tariffs. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings includin ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forwardlooking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and in our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless required by law.
Bengaluru, India January 14, 2026 (in $\bar{\tau}$ crore)