Infosys profit surges 8.7% on deals, Europe show

Infosys recorded an 8.7% expansion in net profit at Rs 6,921 crore for the first quarter of FY26 on the back of a 7.5% increase in revenue at Rs 42,279 crore as second-largest software exporter surpassed peers, having snagged bigger deals and double-digit growth in Europe.

In response, the Bengaluru company raised its lower-end growth forecast for the fiscal, with revenue expected to expand between 1% and 3% from the earlier 0-3%. The company is also gaining from increased adoption of artificial intelligence, top executives said. AI programmes are…