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Infosys American Depositary Receipts climbed nearly 7% in US trading after the IT giant reported solid Q3 results and raised its FY26 revenue growth guidance to 3-3.5% from 2-3% in constant currency terms. Revenue rose 2.2% QoQ to Rs 45,479 crore, beating estimates, while large deal wins hit $4.8 billion. Despite a 9.6% profit dip to Rs 6,654 crore due to one-time provisions, upbeat guidance fueled investor optimism.
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Infosys delivered broad-based Q3 performance with 0.6% sequential constant currency revenue growth amid seasonal headwinds. The company scaled enterprise AI offerings via Infosys Topaz, securing higher market share as clients tapped its AI expertise for business transformation. CEO Salil Parekh highlighted clients viewing Infosys as a proven AI partner, driving deal momentum in financial services and life sciences.
Key Highlights
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Revenue at Rs 45,479 crore, up 2.2% QoQ and above Bloomberg estimates of Rs 45,204 crore
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EBIT margin steady at 20.8%, within guided 20-22% range
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Large deal TCV $4.8 billion, 57% net new logos
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FY26 revenue guidance revised upward to 3.0%-3.5%
Sources: NDTV Profit, Yahoo Finance, Moneycontrol
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