Q4 2025 Infosys Ltd Earnings Call Transcript
Key Points
- Infosys Ltd (INFY) reported a revenue growth of 4.2% in constant currency terms for FY25, with a strong operating margin of 21.1%.
- The company generated $4.1 billion in free cash flow, marking its highest ever, which was 129% of net profit.
- Infosys Ltd (INFY) closed 96 large deals in FY25 with a total contract value (TCV) of $11.6 billion, 56% of which were net new.
- The company is seeing growing demand for AI-led transformation projects, leveraging its Infosys Topaz AI-powered services.
- Operating margins improved by 50 basis points over FY24, despite headwinds from salary increases and acquisition-related costs.
- Sequentially, revenue declined by 3.5% in constant currency terms in Q4 due to reduction in third-party costs and seasonal weakness.
- The guidance for FY26 indicates a lower growth range of 0% to 3% in constant currency terms, reflecting uncertainty in the macroeconomic environment.
- There is a noted softness in the communications sector, with discretionary spending under pressure.
- The manufacturing sector is experiencing lower budgets, particularly in the auto and industrial manufacturing segments.
- The company anticipates a reduction in third-party revenues for FY26 compared to FY25, which could impact overall revenue growth.
Ladies and gentlemen, good day, and welcome to Infosys Limited Q4 FY25 earnings conference call. (Operator instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Sandeep Mahindroo. Thank you, and over to Mr. Mahindroo.
Hello, everyone, and welcome to Infosys earnings call for Q4 and FY25. Joining us on this earnings call is CEO Mr. Salil Parekh; CFO, Mr. Jayesh Sanghrajka and other members of the leadership team. We'll start the call with some remarks on the performance of the company subsequent to which the call will be opened up for questions.
Kindly note that anything we say which refers to our outlook for the future is a forward-looking statement that must be read in conjunction with the risk that the company faces. A full statement explanation of these risks is available in our filings with the SEC, which can be found on www.sec
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
