Infosys Q1FY27 consolidated and standalone results audited by Deloitte

Infosys Limited has received a clean audit opinion from its statutory auditors, Deloitte Haskins & Sells LLP, on its consolidated and standalone financial results for the first quarter of fiscal year 2027 (Q1FY27). The audit covers the period ended June 30, 2026, confirming that the financial statements present a true and fair view of the company’s financial position and performance in accordance with Indian Accounting Standard 34 (Ind AS 34).

The audit reports were filed with the Bombay Stock Exchange, National Stock Exchange of India, and New York Stock Exchange on July 23, 2026, following the Board Meeting held on the same date. The filings include Unique Document Identification Numbers (UDINs) for each report, ensuring regulatory compliance under Section 143(10) of the Companies Act, 2013.

Audit Scope and Opinion

Deloitte Haskins & Sells LLP conducted the audit in accordance with the Standards on Auditing (SAs) specified under the Companies Act. Partner Vikas Bagaria signed all four independent auditor’s reports covering:

Quarterly Consolidated Financial Results
Quarterly Standalone Financial Results
Interim Condensed Consolidated Financial Statements
Interim Condensed Standalone Financial Statements

In each opinion, the auditor stated that the statements are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For the consolidated statements prepared under International Accounting Standards, the audit confirmed conformity with IAS 34 as issued by the International Accounting Standards Board (IASB).

Key Compliance Details

Report Type	Accounting Standard	UDIN	Date
Consolidated Results	Ind AS 34	26060408JWYDVC7682	July 23, 2026
Standalone Results	Ind AS 34	26060408XXMGNP1994	July 23, 2026
Condensed Consolidated Statements	IAS 34 / Ind AS 34	26060408IRBFUI3665	July 23, 2026
Condensed Standalone Statements	Ind AS 34	26060408YMKSEGE2569	July 23, 2026

The auditor affirmed independence in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI). The audit evidence obtained was deemed sufficient and appropriate to provide a basis for the audit opinions.

Group Structure Updates

The annexure to the consolidated auditor’s report lists 133 entities included in the Group. Notable structural changes disclosed during the quarter include:

Infosys Consulting S.R.L (Argentina): Became a majority-owned subsidiary of Infosys Nova Holdings LLC effective January 28, 2026.
Infosys Germany GmbH: Merged into Infosys Germany SE (formerly Blitz 24-893 SE) effective September 24, 2025.
in-tech engineering services S.R.L: Merged into ProIT effective November 30, 2025.
in-tech Automotive Engineering de R.L. de C.V: Liquidated effective May 07, 2025.

Several new subsidiaries were incorporated or acquired during the period, including Infosys Energy Consulting Services LLC (April 16, 2025), Infosys Saudi Arabia LLC (April 21, 2025), and multiple entities under the Stratus and Optimum acquisitions completed in April and May 2026.

Management Responsibilities

The Board of Directors of Infosys Limited is responsible for the preparation and presentation of the financial statements. This includes maintaining adequate accounting records, safeguarding assets, preventing fraud, and designing internal financial controls. The Board also assessed the company’s ability to continue as a going concern, finding no material uncertainties that would cast significant doubt on this status.

The audit did not identify any material misstatements due to fraud or error. Deloitte communicated with those charged regarding governance about planned scope, timing, and significant audit findings, including any deficiencies in internal control identified during the audit.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.45%	-2.69%	-1.69%	-37.04%	-33.32%	-34.13%

Infosys has announced plans to hire 20,000 fresh graduates during the current year, signalling a continued commitment to campus recruitment and workforce expansion. The company has already made notable progress on this front, having recruited over 4,000 fresh graduates in the first quarter alone.

Hiring Momentum in the First Quarter

The early pace of hiring reflects a structured onboarding strategy, with over 4,000 fresh graduates brought on board in the first quarter. This represents a meaningful share of the company's stated annual hiring target of 20,000, indicating an active recruitment pipeline across campuses.

Hiring Metric:	Details
Annual Fresh Graduate Hiring Target:	20,000
Fresh Graduates Recruited in Q1:	Over 4,000

Sector-Wise Growth Outlook

An executive at Infosys has indicated that growth in the financial services and energy sectors is expected to exceed the company's overall average. These verticals are positioned as key drivers of performance relative to the broader business.

In contrast, the communication and retail sectors are reported to be experiencing growth challenges, with limited improvement observed in these segments. The executive's remarks highlight a divergence in sectoral momentum within the company's portfolio.

Key Sectoral Highlights

Outperforming sectors: Financial services and energy — growth expected to exceed company average
Underperforming sectors: Communication and retail — facing growth challenges with limited improvement

Diverging Sectoral Trends

The commentary from the Infosys executive underscores a mixed operating environment across verticals. While certain high-growth segments such as financial services and energy are expected to lead, softer demand conditions in communication and retail present headwinds. The company's hiring plans, however, reflect an overall positive outlook on workforce requirements for the year ahead.