Infosys reported consolidated net profit of ₹8,509 crore for the quarter ended March 31, 2026, representing a 20.9% increase from ₹7,038 crore in the same quarter of the previous year. Revenue from operations reached ₹46,402 crore, compared to ₹40,925 crore in Q4 FY25, demonstrating robust business momentum. Deloitte Haskins & Sells LLP issued an unmodified audit opinion on the standalone, consolidated, and interim condensed consolidated financial statements for the year ended March 31, 2026, confirming compliance with Indian Accounting Standards (Ind AS) and International Accounting Standard 34 (IAS 34).

Financial Performance Summary

The company recognized an impairment of ₹241 crore during the quarter due to the carrying value of customer-related intangible assets exceeding estimated recoverable amounts. Total comprehensive income for the period stood at ₹9,564 crore, with profit attributable to owners of the company at ₹8,501 crore.

Key Corporate Developments

The Board approved several significant proposals during its meeting on April 23, 2026. BSR & Co. LLP was proposed as the new statutory auditor for a five-year term from FY28, subject to shareholder approval at the 46th AGM in 2027, replacing the current auditors due to mandatory rotation requirements. Additionally, KPMG Assurance and Consulting Services LLP was proposed as the independent registered public accounting firm for U.S. SEC filings, effective from the year ending March 31, 2028.

Diane Enberg Jurgens was appointed as an Additional & Independent Director effective April 22, 2026, for a three-year period subject to shareholder approval. The Board also approved annual stock grants to the CEO & MD totaling ₹51.75 crore under various incentive plans, along with 27,193 RSUs and Performance Based Stock Incentives worth ₹1.90 crore for eligible employees.

Strategic Acquisitions and Tax Updates

Infosys Nova Holdings LLC, a wholly-owned subsidiary, entered into definitive agreements to acquire Optimum Achieve Holdings Inc. for up to US$465 million (approximately ₹4,410 crore) and Stratus Global LLC for up to US$95 million (approximately ₹901 crore). The acquisition of Stratus Global LLC has been completed as of the results announcement date.

During FY26, the company received favorable orders from Indian income tax authorities for assessment years 2013-14 and 2017-18 to 2021-22. This resulted in recognition of interest income of ₹381 crore and reversal of income tax provision aggregating ₹869 crore, with ₹86 crore reduced from contingent liabilities upon dispute resolution.

Dividend Declaration

The Board recommended a final dividend of ₹25 per equity share for FY25, subject to shareholder approval at the AGM scheduled for June 23, 2026. The record date is June 10, 2026, with payment scheduled for June 25, 2026. An interim dividend of ₹23 per share was declared in October 2025 and paid in November 2025.

Infosys has initiated the postal ballot process seeking shareholder approval for the appointment of Diane Enberg Jurgens as an independent director and the re-appointment of Helene Auriol Potier for a second term. The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting, scheduled from April 25, 2026, to May 24, 2026.

E-Voting Schedule and Process

The remote e-voting facility will commence at 9:00 a.m. IST on Saturday, April 25, 2026, and conclude at 5:00 p.m. IST on Sunday, May 24, 2026. Shareholders whose names appear in the register of members or beneficial owners as of Friday, April 17, 2026, are eligible to participate. The results of the postal ballot will be announced on or before Tuesday, May 26, 2026, by 5:00 p.m. IST.

Director Appointments for Shareholder Approval

The Board of Directors, following recommendations from the Nomination and Remuneration Committee, has proposed two special resolutions for shareholder consideration through the postal ballot process.

Professional Background of Nominees

Diane Enberg Jurgens brings extensive global C-suite experience, currently serving on the boards of Standard Chartered and World 50. Her career includes leadership roles as Chief Information Officer at The Walt Disney Company (2020-2023) and Chief Technology Officer at BHP (2015-2020). She holds an MBA from Seattle University and a master's degree in electrical engineering from the University of Washington.

Helene Auriol Potier, currently serving as an independent director since May 26, 2023, has a distinguished career spanning digital technologies and telecommunications across multiple geographies. She serves on the boards of Accor S.A., Randstad N.V., and Oddo BHF S.C.A., and holds a Master of Science in Engineering from Telecom Paris and an Executive MBA from INSEAD.

Regulatory Compliance and Governance

Both appointments comply with Regulation 30 and Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and Sections 108 and 110 of the Companies Act, 2013. The board has appointed Hemanth, Holla & Co. as the scrutinizer to conduct the postal ballot and e-voting process in a fair and transparent manner. The company has received all statutory disclosures and declarations from both directors, confirming their eligibility and independence under applicable laws.