Infosys , one of India's leading IT services companies, saw its shares jump 4% to Rs 1,497.00 following the announcement of its quarterly results and a generous employee bonus payout. The company's performance has not only boosted its own stock but also led the Nifty IT index to its sharpest single-day gain of 2.70% since May 2025.

Strong Financial Performance

Infosys reported a robust financial performance for the quarter, with revenue rising 3.30% to Rs 42,279.00 crore, surpassing analyst expectations of Rs 41,724.00 crore. However, the company's profit saw a slight dip of 2.00%, settling at Rs 6,921.00 crore.

Employee Bonus Payout

In a move that has been well-received by its workforce, Infosys announced it will pay 80% of performance bonuses to most employees. The payout structure varies based on performance levels:

This decision comes as a recognition of the company's stronger-than-expected growth and the contributions of its employees.

Market Impact

The positive news from Infosys had a ripple effect across the IT sector:

• Infosys shares rose 4% to Rs 1,497.00
• The Nifty IT index recorded its sharpest single-day gain of 2.70% since May 2025
• Other IT giants also saw significant gains:
  • Tata Consultancy Services (TCS): 1.50-3.00% increase
  • Wipro: 1.50-3.00% increase
  • HCL Technologies: 1.50-3.00% increase

Recent Developments

Infosys Finacle, a part of EdgeVerve Systems (a wholly-owned subsidiary of Infosys), recently announced a collaboration with Uniting Financial Services (UFS), a charitable development fund in Australia. UFS has implemented the next-gen Finacle Digital Banking Suite, migrating from its incumbent platform to Finacle Software-as-a-Service (SaaS) on AWS cloud in less than five months.

This implementation includes various Finacle products such as Core Banking, Digital Engagement Hub, Online Banking, Mobile Banking, Customer Data Hub, and Alerts. The collaboration aims to transform UFS's operations, enhance business agility, improve compliance, and increase operational efficiency.

John McComb, Chief Risk Officer and Acting CEO of Uniting Financial Services, expressed satisfaction with the go-live of the Finacle platform, stating that it aligns with their goal of modernizing core banking and digital capabilities to enhance client experience.

The successful implementation of this digital banking suite demonstrates Infosys's commitment to innovation and its ability to deliver cutting-edge solutions in the financial services sector. This development could potentially contribute to Infosys's strong performance and positive market sentiment in the coming quarters.

As Infosys continues to demonstrate strong performance and innovation in the IT services and financial technology sectors, investors and industry watchers will be keenly observing the company's future moves and their impact on the broader IT market.

Infosys , a global leader in next-generation digital services and consulting, has announced a significant collaboration with Uniting Financial Services (UFS), an Australian charitable development fund. The partnership involves the implementation of Infosys Finacle's Digital Banking Software-as-a-Service (SaaS) suite on Amazon Web Services (AWS) cloud infrastructure.

Swift Implementation

In a remarkable feat, the migration from UFS' incumbent platform to the Finacle SaaS solution on AWS cloud was completed in less than five months. This rapid deployment was made possible by the Finacle Australian Reference Bank Model, which comes with preconfigured products, processes, interfaces, and compliance rules.

Comprehensive Digital Banking Suite

The implemented Finacle Digital Banking Suite includes:

• Finacle Core Banking
• Finacle Digital Engagement Hub
• Finacle Online Banking
• Finacle Mobile Banking
• Finacle Customer Data Hub
• Finacle Alerts

Enhanced Capabilities for UFS

This collaboration is set to transform UFS' operations, enabling:

• Enhanced business agility and operational efficiency
• Improved compliance
• World-class digital experience for customers
• Faster introduction of new offerings
• Seamless scalability

Key Benefits

The next-gen Finacle Digital Banking Suite will empower UFS to:

• Deliver richer digital experiences through intuitive, omnichannel self-service capabilities
• Expand investment product offerings and grow commercial loan business
• Connect easily with partners through open APIs
• Achieve on-demand scalability and reliable performance with cloud-native SaaS services
• Build a secure, cloud-native banking environment leveraging various AWS services

Executive Insights

John McComb, Chief Risk Officer and Acting CEO of Uniting Financial Services, expressed delight in the successful go-live of the Finacle platform. He emphasized that the modernization of their core banking and digital capabilities aims to enhance client experience.

Sajit Vijayakumar, Chief Executive Officer of Infosys Finacle, highlighted the rapid deployment as a testament to their commitment to modern banking and customer-centric innovation. He noted that this implementation demonstrates the achievability of next-gen banking for community banks looking to modernize without the challenges of legacy transformation.

Jamie Simon, Director of Banking and Financial Services (A/NZ) at AWS, underscored their commitment to helping financial institutions modernize and innovate. He emphasized how AWS's secure and resilient cloud infrastructure enables financial services organizations to transform banking operations and enhance digital experiences for customers.

This collaboration between Infosys Finacle, Uniting Financial Services, and AWS marks a significant step in the digital transformation of financial services, setting a new benchmark for rapid and comprehensive core and digital channel migration in the industry.