Infosys shares surged over 3% on the NSE, hitting ₹1,812.7, after reporting a 7.1% rise in Q1 net profit to ₹6,368 crore. This financial uptick, compared to last year’s ₹5,945 crore, came with an optimistic revision in the FY25 revenue growth forecast, boosting investor confidence.
Despite a robust annual performance, Infosys experienced a 20% sequential drop in net profit from Q4 FY24. However, the company’s consolidated revenue rose by 3.6% year-on-year to ₹39,315 crore, showing steady business growth amidst fluctuating market conditions.
The company has adjusted its revenue growth outlook for FY25 to 3% to 4% in constant currency terms, an increase from the previously projected 1% to 3%. This revision reflects a positive shift in demand dynamics and Infosys’ adaptive business strategies.
In addition to financial growth, Infosys secured large deals worth USD 4.1 billion during the quarter, demonstrating its competitive strength and ability to attract significant business engagements, which are crucial for sustained growth and market presence.
Lastly, Infosys maintained its operating margin forecast at 20% to 22% for the current fiscal year, affirming stability in operational efficiency. The company also reported a notable decrease in attrition, down by 4.6% from the previous year, enhancing workforce stability and operational continuity.
