Core Insights - The company revised its revenue guidance for the fiscal year, raising the constant-currency growth outlook to 3% to 3.5% while maintaining operating margin guidance at 20% to 22% [1][6] - The company reported a sequential revenue growth of 0.6% and a year-over-year growth of 1.7% in constant currency terms, with $4.8 billion in large deals signed during the quarter [2][6] - The company is accelerating AI adoption, working with 90% of its top 200 clients on AI initiatives and executing approximately 4,600 AI projects [5][14] Revenue and Financial Performance - Revenue grew 0.6% sequentially and 1.7% year-over-year in constant currency terms [2][6] - The company signed $4.8 billion in large deals during the quarter, with 57% being net new [2][6] - Adjusted operating margin was reported at 21.2%, with free cash flow totaling $915 million [2][6] AI Strategy and Adoption - The company is focusing on AI through its Topaz Fabric agent services, which aims to help clients manage and implement AI agents [5][11] - The company has generated over 28 million lines of AI-assisted code and built over 500 AI agents [5][14] - Six AI-led value pools have been identified to unlock incremental opportunities [11] Margin and Cost Management - Adjusted operating margin expanded by 20 basis points sequentially in Q3, with a nine-month margin standing at 21% [7][10] - Margin benefits were attributed to currency fluctuations and the Project Maximus efficiency program, offset by higher sales and headcount investments [4][8] - The company has onboarded approximately 18,000 of the planned 20,000 freshers, contributing to lower utilization rates [9] Vertical Trends and Client Engagement - The company is seeing improved trends in financial services and energy sectors, with AI adoption increasing among large financial services clients [6][13] - Positive signs were noted in retail, although some client-specific cost containment measures are in place [15] - The company works with 90% of its largest 200 clients on AI initiatives, indicating strong client engagement [14] Future Outlook and Strategic Initiatives - The company plans to provide a comprehensive view at an upcoming Investor Day [12] - Management is exploring acquisitions in areas such as cyber, consulting, and energy services, while remaining open to AI-focused acquisitions as the market evolves [18] - The company does not plan to change its flexible work arrangements and will provide next-year outlook details in April [19]

Core Insights - Infosys Ltd., India's second-largest IT services company, reported a mixed performance for the third quarter, characterized by a decline in profit but steady revenue growth and an improved outlook for the company [1] Financial Performance - The company experienced a decline in profit during the third quarter, indicating potential challenges in cost management or market conditions [1] - Despite the profit decline, Infosys reported steady revenue growth, suggesting resilience in its core business operations [1] - The outlook for the company has improved, which may indicate positive expectations for future performance and strategic initiatives [1]

Financial Data and Key Metrics Changes - Revenue grew 0.6% sequentially and 1.7% year-on-year in constant currency terms [2] - Adjusted operating margin was 21.2% [2] - Free cash flow generated was $915 million [2] - Revenue growth guidance for the financial year revised to 3%-3.5% in constant currency [4] Business Line Data and Key Metrics Changes - Large deals amounted to $4.8 billion, with 57% being net new across 26 deals [2] - Significant large deal with the National Health Service in the U.K. valued at $1.6 billion [2] - Strong momentum in AI adoption, with 90% of the largest 200 clients engaged in AI projects [3] Market Data and Key Metrics Changes - Positive outlook in financial services and energy sectors, with good demand observed [8][18] - Manufacturing and Europe showed significant growth, previously experiencing softness [53] Company Strategy and Development Direction - Focus on AI capabilities, with six emerging AI-led value pools identified [3] - Plans to share a comprehensive view of the company's approach at an upcoming Investor Day [4] - Continued investment in sales and marketing, with a focus on building capacity for future growth [10][11] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in market demand, leading to headcount increases [8] - Positive outlook for the next financial year based on strong execution and large deal pipeline [8][18] - Management noted that while some sectors are showing improvement, others remain under pressure [18] Other Important Information - Adjusted margins expanded by 20 basis points sequentially, despite challenges from labor codes [24] - Ongoing impact of labor codes expected to be approximately 15 basis points annually [80] Q&A Session Summary Question: Headcount increase amidst job cuts in peers - Management indicated that the headcount increase reflects confidence in market demand and is part of their strategy to build future capacity [8][10] Question: Guidance upgrade factors - The guidance upgrade is influenced by large deals and strong execution, particularly in financial services and energy sectors [8][18] Question: Sequential margin dip despite currency tailwinds - Management explained that margins were impacted by various factors, including higher variable pay and lower utilization due to training new hires [10][11] Question: AI adoption and pricing models - Management noted that AI adoption is strong across client bases, with evolving pricing models being tested [19][20] Question: M&A strategy and market trends - Management confirmed ongoing discussions for potential acquisitions, focusing on areas like cyber, consulting, and energy services [31] Question: Labor code impact on margins and appraisals - Management clarified that the impact of labor codes has been accounted for, with no immediate changes to appraisal processes [80]

Financial Data and Key Metrics Changes - Revenue grew 0.6% sequentially and 1.7% year-on-year in constant currency terms [2] - Adjusted operating margin was 21.2% [2] - Free cash flow generated was $915 million [2] - Revenue growth guidance for the financial year revised to 3%-3.5% in constant currency [4] Business Line Data and Key Metrics Changes - Large deals amounted to $4.8 billion, with 57% being net new, across 26 deals [2] - Significant large deal with the National Health Service in the U.K. valued at $1.6 billion [2] - Strong momentum in AI adoption, with 90% of the largest 200 clients engaged in AI projects [3] Market Data and Key Metrics Changes - Positive outlook in financial services and energy sectors, with good demand observed [8][18] - Manufacturing and Europe showed significant growth, previously experiencing softness [52] Company Strategy and Development Direction - Focus on AI capabilities with the introduction of Topaz Fabric, enhancing AI agent management [2][3] - Plans to capture market share across six AI-led value pools identified [3][4] - Continued investment in sales and marketing, with a focus on building capacity for future growth [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in market demand, leading to headcount increases despite industry layoffs [6][8] - Positive outlook for the next financial year based on strong execution and large deal pipeline [8][18] - Management noted that AI adoption is expected to drive future growth and operational efficiencies [3][15] Other Important Information - Adjusted margins expanded by 20 basis points sequentially, despite challenges from labor codes [24] - Ongoing impact of labor codes expected to affect margins by approximately 15 basis points annually [80] Q&A Session Summary Question: Headcount increase amidst industry layoffs - Management indicated that the headcount increase reflects confidence in market demand and future growth [6][8] Question: Impact of large deals on revenue guidance - Management confirmed that large deals, including the NHS contract, contributed to the revised revenue guidance [6][8] Question: Sequential decline in margins - Management explained that adjusted margins expanded despite reported margin declines due to labor code impacts [24] Question: AI adoption and its impact on hiring - Management stated that AI software engineers will be utilized across various industries, leading to continued hiring [65] Question: M&A strategy and market trends - Management confirmed ongoing evaluation of potential acquisitions in AI and related sectors [31] Question: Future of office requirements - Management affirmed that the current flexible work model will continue without mandatory office hours [77]

Infosys (NYSE:INFY) Q3 2026 Earnings call January 14, 2026 06:00 AM ET Speaker2A very good evening, everyone, and wishing you all a very happy New Year. Thank you for joining us today. My name is Rishi, and on behalf of Infosys, I'd like to welcome all of you. As always, since this is the New Year, my rules don't really change. One question from each media house. We'll try our best. But with that, let me invite our Chief Executive Officer, Mr. Salil Parekh, for his opening remarks. Over to you, Salil.Speake ...

来源：环球市场播报 受益于金融服务客户科技需求回暖，印度第二大信息技术服务提供商Infosys（INFY）于周三公布财 报，其第三季度营收超出市场预期。 在 2025 年 10 月至 12 月的这一季度里，该公司营收同比增长 8.9%，达到 4547.9 亿印度卢比（约合 50.4 亿美元）。 Infosys还斩获了多笔由人工智能技术驱动的订单，合作客户包括软件巨头奥多比以及德国大型企业集团 西门子公司。 上月，行业龙头埃森哲也因人工智能驱动的信息技术服务需求强劲，实现了第一季度营收超华尔街预期 的表现。 不过，Infosys该季度净利润同比下滑 2.2%，降至 665.4 亿印度卢比，低于路孚特统计的分析师平均预 期值 737.9 亿印度卢比。 净利润下滑受到了一次性因素的影响 —— 印度政府于 2025 年 11 月颁布的新劳工法规，给公司带来了 128.9 亿印度卢比的相关支出。 该季度，Infosys的大额订单（单笔金额超 3000 万美元）总规模达到 48 亿美元，远超上一季度的 31 亿 美元以及去年同期的 25 亿美元。 其中，公司还与英国国家医疗服务体系（NHS）达成了一笔价值 16 亿美元的 ...

Core Insights - Infosys reported better-than-expected third-quarter revenue, driven by increased tech demand from financial services clients [1] Company Performance - The company experienced a significant pickup in demand, particularly from its financial services sector, which contributed to the positive revenue results [1]

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BENGALURU, India, Jan. 12, 2026 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and ATP, global governing body of men’s professional tennis, today announced the launch of Ally, an AI-powered chatbot, to further enhance fan engagement and bring the tennis community closer to the sport. Building on their decade-long relationship, Infosys and ATP also announced an extension of their partnership through 2028, furthering efforts to ...

Core Insights - Infosys and ATP have launched Ally, an AI-powered chatbot aimed at enhancing fan engagement in tennis, with a partnership extension through 2028 [1][4] - Ally utilizes Infosys Topaz, employing generative AI technologies to provide real-time insights on match statistics, tournament draws, and player comparisons [2] - The collaboration has also led to the development of Carbon Tracker, a sustainability initiative that has tracked 2.3 million kilometers of travel and offset 585 tonnes of carbon emissions in 2025 [3] Company and Industry Overview - Infosys has been ATP's Digital Innovation Partner since 2015, contributing to the development of various digital platforms such as ATP PlayerZone and the ATP app [1][4] - The introduction of Ally represents a shift towards more interactive fan experiences, making tennis more accessible to a broader audience [4] - ATP serves a global fan base of over a billion, showcasing top players and tournaments, culminating in the prestigious Nitto ATP Finals [5]