Infosys Ltd (INFY) released earnings for its first quarter that Increases, from last year in line with the Street estimates.
The company's bottom line came in at $809 million, or $0.19 per share. This compares with $763 million, or $0.18 per share, last year.
Analysts on average had expected the company to earn $0.19 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.8% to $4.941 billion from $4.714 billion last year.
Infosys Ltd earnings at a glance (GAAP) :
-Earnings: $809 Mln. vs. $763 Mln. last year.-EPS: $0.19 vs. $0.18 last year.-Revenue: $4.941 Bln vs. $4.714 Bln last year.
Salil Parekh, CEO of Infosys, said: "Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees. Our large deal wins of $3.8 billion reflect our distinct competitive positioning and deep client relationships.”
Looking ahead, for the full year to March 31, 2026, the company expects revenue growth of 1% to 3% in constant currency, with operating margin of 20% to 22%.
For the 12-month period to March 31, 2025, Infosys had recorded revenue of $19.277 billion.
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