On a year-on-year basis, the company’s net profit fell by 11.74%, despite a 7.91% increase in revenue in Q4 FY25 over Q4 FY24.

Profit before tax (PBT) decreased marginally to Rs 9,663 crore in Q4 FY25, compared to Rs 9,670 crore in Q3 FY25. On a year-on-year basis, PBT declined by 5.63% in Q4 FY25.

Operating profit in the fourth quarter of FY25 was at Rs 8,575 crore, down 3.78% QoQ and up 12.51% YoY. Operating margin declined to 21% in Q4 FY25, compared to 21.3% in Q3 FY25 and 20.1% in Q4 FY24.

During Q4 FY25, constant currency (CC) revenue grew by 4.8% YoY and declined 3.5% QoQ. In dollar terms, the IT firm reported revenues of $4,730 million, registering a 3.6% year-on-year growth for the quarter ended 31 March 2025. In Q4 FY25, free cash flow stood at $892 million, registering the growth of 5.2% year on year.

The total contract value (TCV) of large deal wins was $11.6 billion in Q4 of FY25, with a net new of 56%. The company’s total clients stood at 1,869 as on 31 March 2025 as compared with 1,882 clients as on 31 March 2024.

On a full-year basis, the company’s consolidated net profit rose 1.91% to Rs 26,750 crore on a 6.06% increase in revenue to Rs 1,62,990 crore in FY25 over FY24. The company reported its highest-ever free cash flow at $4,088 million in FY25, marking a 41.8% YoY increase.

In terms of FY26 guidance, the company has projected revenue growth of 0%-3% in constant currency and an operating margin of 20%-22%.

The IT major has informed that the voluntary attrition rate (LTM – IT Services) came in at 14.1% in Q4FY25, up from 13.7% in Q3FY25 and 12.6% in Q4FY24.

Meanwhile, the company’s board declared final dividend of Rs 22 per share for FY25.

Salil Parekh, CEO and MD, said, “We have built a resilient organization with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees. Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest ever free cash generation. Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients.”

Jayesh Sanghrajka, CFO, said, "FY25 operating margins expanded by 0.5% which reflects our relentless focus on identifying opportunities for efficiency and executing Project Maximus with discipline, after navigating through multiple headwinds in a challenging macro environment. We delivered the highest ever free cash flows in the history of the company in FY25. The Board has proposed a final dividend of Rs 22, which along with the interim dividend, is an increase of 13.2% over last year.”

Separately, the company’s wholly owned subsidiary, Infosys Nova Holdings LLC signed a definitive agreement to acquire MRE Consulting, a technology and business consulting service provider, for total consideration upto $36 million, including upfront and earnouts. The acquisition is expected to close during the first quarter of fiscal year 2026.

MRE Consulting will bring a team of over 200 professionals with industry knowledge, consulting and deep technology experience in Energy/Commodity Trading and Risk Management (E/CTRM) platforms and ecosystems. To consummate the above transaction, Infosys Nova Holdings LLC will simultaneously incorporate a wholly owned subsidiary, Infosys Energy Consulting Services LLC. (Infosys Energy), in USA.

Further, the company’s wholly owned subsidiary, Infosys Singapore signed a definitive agreement to acquire 100% stake in The Missing Link, a leading cyber security services provider. The company will acquire The Missing Link for total consideration of upto AUD 98 million, including upfront and earnouts, excluding management incentives, and retention bonus.

Headquartered in Australia, The Missing Link brings to Infosys, a group of highly skilled cybersecurity professionals consisting of Red Team, Blue Team, and a state-of-the-art Global Security Operations Centre (GSOC) adding to the network of Infosys’ global cyber defense centers.

The acquisition is expected to close during the first quarter of fiscal 2026, subject to customary closing conditions.

Additionally, the company announced that Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led joint venture HIPUS, enhancing Infosys’ presence in Japan. HIPUS Co., a joint venture (JV) between Infosys Singapore, Hitachi, Panasonic and Pasona.

Mitsubishi has been a longstanding customer of HIPUS and has now expanded the collaboration by acquiring a 2% stake from Infosys Singapore in the joint venture.

MHI is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona.

Infosys is a global leader in next-generation digital services and consulting.

Shares of Infosys rose 0.51% to end at Rs 1,420.20 on the BSE.