Overview
- In Q3 FY26, Infosys posted revenue of Rs 45,479 crore, up 8.9% year-on-year and slightly above estimates, with modest sequential growth in a seasonally soft quarter.
- Consolidated net profit fell to Rs 6,654 crore, reflecting a Rs 1,289 crore one-time charge tied to India’s new Labour Codes; adjusted operating margin ticked up to about 21.2%.
- Management lifted full-year constant-currency revenue growth guidance to 3.0–3.5% and kept the operating margin band at 20–22%, citing steadier demand.
- Large deal bookings reached USD 4.8 billion with 57% net new, including a roughly USD 1.6 billion contract with the UK’s National Health Service, as the company highlighted AI-led momentum.
- Separately, Union Bank of India’s Q3 net profit rose about 9% to roughly Rs 5,017 crore, with gross NPA improving to 3.06% and shares gaining around 8% on the results.