Infosys Quarterly Results FY27

Infosys reported higher revenue and profit compared with the same quarter last year, but profit fell compared with Q4 FY2026.

• Q1 FY2027 revenue was ₹48,211 crore, up 14.0% year on year. 
• Net profit was ₹7,769 crore, up 12.2% year on year. 
• Net profit fell 8.6% from the previous quarter. 
• Operating margin stood at 21.1%. 
• Basic earnings per share was ₹19.19. 
• Free cash flow reached ₹9,051 crore. 
• AI-related revenue contributed 8.2% of total revenue. 

• Infosys expects FY2027 constant-currency revenue growth of 1.5%-3.0% and an operating margin of 20%-22%.

  
  

Last reviewed: September 2026 

Yes, Infosys earned more revenue and profit than it did in the same quarter last year.

For the quarter ended 30 June 2026:

Revenue tells you how much money the business earned from customers before expenses.

Net profit tells you how much remained after expenses and taxes.

So, compared with the same quarter last year, Infosys sold more services and earned more profit.

The securities quoted are for example purposes only and not a recommendation.

Net profit fell even though revenue increased.

Infosys reported ₹7,769 crore net profit in Q1 FY2027.

In the previous quarter, Q4 FY2026, net profit was ₹8,501 crore.

The difference is:

₹8,501 crore - ₹7,769 crore = ₹732 crore

That means quarterly profit fell by 8.6%.

Revenue, however, increased from ₹46,402 crore to ₹48,211 crore.

This is why investors should check both year-on-year and quarter-on-quarter numbers.

A company can grow compared with last year but still report lower profit than the immediately previous quarter.

Its operating margin was 21.1% in Q1 FY2027.

Operating margin shows how much operating profit a company keeps from its revenue before items such as tax.

A simple example can make this easier.

Suppose a small electrical contractor earns ₹1 lakh from customers.

After paying workers, rent, materials, and other operating costs, ₹21,100 remains as operating profit.

Its operating margin would be about 21.1%.

Infosys reported:

• Q1 FY2027 operating margin: 21.1% 
• Q1 FY2026 operating margin: 20.8% 
• Q4 FY2026 operating margin: 21.0% 

The margin therefore increased slightly compared with both periods.

Infosys expects its FY2027 operating margin to stay within 20%-22%.

AI is now a measurable part of Infosys’s business.

AI-related services contributed 8.2% of Q1 revenue.

For an investor, this shows that AI work is no longer only a future plan. It is already contributing to reported revenue.

Infosys also generated ₹9,051 crore of free cash flow during the quarter.

Free cash flow means cash left after the company spends what it needs to run and maintain its business.

Its free-cash-flow conversion was 116.4% of net profit.

Strong cash generation can help a company fund operations, investments, dividends, acquisitions, or other business needs.

But one quarter should not be used alone to judge future performance.

Do not decide from one profit number alone.

Check whether the business keeps improving over several quarters.

Useful numbers include:

• Revenue growth 
• Net profit growth 
• Operating margin 
• Free cash flow 
• Earnings per share 
• Large client wins 
• AI-related revenue 
• FY2027 guidance 
• Employee costs 
• Customer spending 
• Share valuation 

Suppose Ramesh is an electrician with ₹1 lakh available for long-term investing.

He sees that Infosys profit grew 12.2% year on year and thinks the share must rise.

That conclusion is incomplete.

The share price also depends on what investors had already expected.

If the market expected much faster growth, even higher profit can disappoint investors.

If results are better than expected, the opposite can happen.

So, quarterly results tell you how the business performed. They do not guarantee what the share price will do next.

The securities quoted are for example purposes only and not a recommendation.

Infosys reported ₹48,211 crore revenue and ₹7,769 crore net profit in Q1 FY2027. Both grew compared with the same quarter last year, while net profit fell 8.6% from the previous quarter. Operating margin remained at 21.1%, free cash flow was ₹9,051 crore, and AI contributed 8.2% of revenue. Before judging the stock, compare several quarters, future guidance, business growth, risks, and valuation instead of using one result alone.