Good news for Narayana Murthy, Infosys Q2 net profit rises to Rs 73640000000, CEO Salil Parikh opens up about H1B visa, says…
IT major Infosys on Thursday reported a 13.2 per cent rise in consolidated net profit at Rs 7,364 crore for the quarter ended September 30, driven by strong large deal wins. The company had posted a net profit of Rs 6,506 crore in the same period last year.
Revenue from operations rose 8.6 per cent to Rs 44,490 crore in the September quarter, compared to Rs 40,986 crore a year earlier.
Infosys also revised its FY26 revenue growth guidance in constant currency terms, raising the lower end of the range to 2-3 per cent from the earlier projection of 1-3 per cent made in the June 2025 quarter.
Infosys CEO Salil Parikh On Q2 Results
The company posted a marginal decline in operating margin to 21 per cent on a year-on-year and quarterly basis.
“We had a strong performance in Q2. Our operating margin was 21 per cent. Deals were at USD 3.1 billion out of which 67 per cent were net new work. In addition, we announced a mega deal worth USD 1.6 billion after the close of the quarter. We have added 8,000 employees during the quarter,” Infosys MD and CEO Salil Parikh said.
The free cash flow generation was 131 per cent of net profit to Rs 9,677 crore and TCV (total contract value) of large deal wins was USD 3.1 billion (about Rs 27,525 crore). The company bagged deals worth USD 2.4 billion in the September 2025 quarter.
The financial services segment, the biggest contributor in Infosys revenue at 27.7 per cent, grew by 5.6 per cent.
The manufacturing segment revenue increased 9.3 per cent, energy and utilities by 2.4 per cent, communications 5.7 per cent and the hi-tech segment surged 8.3 per cent.
Its retail segment revenue declined marginally, and the life sciences dipped 8.9 per cent.
Infosys CEO Salil Parikh On H1B Visa Fee
When asked about the impact of H1B visa fee to USD 100,000, Parikh hinted at increasing local hiring and said the number of people who require Infosys sponsorship for immigration in the US is a minority.
“The majority of the people don’t require it from our perspective. Second, we’ve built a large number of centres and hubs, which are focused on digital, on innovation, on technology and AI in the US. We have relationships with universities, we have a training facility there. With all of that in mind, we are clear today that we will work with our clients without any disruption to their services and into the future,” he said.
Revenues from North America increased 1.7 per cent to account for 56.3 per cent of the total earnings during the reported quarter.
Infosys’ business in Europe rose 10.6 per cent, accounting for 31.7 per cent of the company’s total revenue, while India business contributed 2.9 per cent to the total business.
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