Overview
- Revenue rose 8.9% year-on-year to Rs 45,479 crore, topping forecasts, while net profit declined 2.2% to Rs 6,654 crore.
- The company lifted its FY26 constant-currency revenue growth guidance to 3–3.5% and kept its operating margin target at 20–22%.
- A one-time Rs 1,289 crore expense tied to India’s newly notified labour codes reduced quarterly earnings.
- Large deal bookings totaled $4.8 billion with 57% net new, including a $1.6 billion National Health Service contract in the UK.
- Management cited seasonal furloughs but pointed to cost initiatives and strong deal momentum, with adjusted free cash generation at $965 million.