According to reports from The Economic Times, Infosys shares have gained 4.76% over the past five sessions, reflecting a broader rally in IT sector stocks. The stock surge is attributed to a combination of factors including the decline in the rupee, easing concerns around AI disruption, and value buying after the recent sharp correction in the sector. This recent performance comes as the company continues to demonstrate strong fundamentals across its business segments.
As reported by The Economic Times, Infosys delivered robust financial performance in the January-March quarter of FY26. The company reported a 20.8% rise in consolidated net profit to ₹8,501 crore compared to ₹7,033 crore in the same period of FY25. Revenue from operations increased 13.4% to ₹46,402 crore in Q4 FY26 versus ₹40,925 crore in the year-ago period. For the full fiscal year 2025-26, Infosys net profit climbed 10.20% to ₹29,440 crore from ₹26,713 crore in 2024-25, while revenue from operations rose 9.6% to ₹1,78,650 crore.
According to The Economic Times, CITI analysts expect the first half of FY27 to be better than the second half, with financial services and energy, utilities, and resources verticals witnessing year-on-year acceleration. The investment firm noted that Infosys is well-positioned to tap emerging AI-driven opportunities with partnerships and investments already in place across six new AI-led value pools. For FY27, Infosys has provided a revenue growth forecast of 1.5% to 3.5% in constant currency. CEO and MD Salil Parekh highlighted the company's strong AI services strategy across six areas, with strong ecosystem AI partnerships enabling clients to get value from AI.
As reported by The Economic Times, Infosys CFO Jayesh Sanghrajka announced plans to hire 20,000 freshers in FY27 to support the company's growth initiatives. The company's total employee count stood at 3,28,594 at the end of Q4 FY26. This workforce expansion aligns with the company's strategy to strengthen its capabilities in emerging technologies and AI-driven services.
