Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Infosys Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 37,441 | 37,933 | 38,994 | 38,821 | 37,923 | 39,315 | 40,986 | 41,764 | 40,925 | 42,279 | 44,490 | 45,479 | 46,402 |
| Expenses + | 28,443 | 28,869 | 29,554 | 29,684 | 29,139 | 29,878 | 31,177 | 31,649 | 31,051 | 32,336 | 33,955 | 34,845 | 35,235 |
| Operating Profit | 8,998 | 9,064 | 9,440 | 9,137 | 8,784 | 9,437 | 9,809 | 10,115 | 9,874 | 9,943 | 10,535 | 10,634 | 11,167 |
| OPM % | 24% | 24% | 24% | 24% | 23% | 24% | 24% | 24% | 24% | 24% | 24% | 23% | 24% |
| Other Income + | 671 | 561 | 632 | 789 | 2,729 | 838 | 712 | 859 | 1,190 | 1,042 | 982 | -150 | 1,159 |
| Interest | 82 | 90 | 138 | 131 | 110 | 105 | 108 | 101 | 102 | 105 | 106 | 100 | 105 |
| Depreciation | 1,121 | 1,173 | 1,166 | 1,176 | 1,163 | 1,149 | 1,160 | 1,203 | 1,299 | 1,140 | 1,182 | 1,155 | 1,424 |
| Profit before tax | 8,466 | 8,362 | 8,768 | 8,619 | 10,240 | 9,021 | 9,253 | 9,670 | 9,663 | 9,740 | 10,229 | 9,229 | 10,797 |
| Tax % | 28% | 29% | 29% | 29% | 22% | 29% | 30% | 29% | 27% | 29% | 28% | 28% | 21% |
| Net Profit + | 6,134 | 5,945 | 6,215 | 6,113 | 7,975 | 6,374 | 6,516 | 6,822 | 7,038 | 6,924 | 7,375 | 6,666 | 8,509 |
| EPS in Rs | 14.77 | 14.32 | 14.97 | 14.71 | 19.20 | 15.34 | 15.67 | 16.39 | 16.93 | 16.66 | 17.73 | 16.41 | 20.96 |
Financials of Infosys Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 53,319 | 62,441 | 68,484 | 70,522 | 82,675 | 90,791 | 100,472 | 121,641 | 146,767 | 153,670 | 162,990 | 178,650 |
| Expenses + | 38,436 | 45,362 | 49,880 | 51,700 | 62,505 | 68,524 | 72,583 | 90,150 | 111,637 | 117,245 | 123,754 | 136,370 |
| Operating Profit | 14,883 | 17,079 | 18,604 | 18,822 | 20,170 | 22,267 | 27,889 | 31,491 | 35,130 | 36,425 | 39,236 | 42,280 |
| OPM % | 28% | 27% | 27% | 27% | 24% | 25% | 28% | 26% | 24% | 24% | 24% | 24% |
| Other Income + | 3,430 | 3,120 | 3,050 | 3,311 | 2,882 | 2,803 | 2,201 | 2,295 | 2,701 | 4,711 | 3,600 | 3,033 |
| Interest | 12 | 0 | 0 | 0 | 0 | 170 | 195 | 200 | 284 | 470 | 416 | 416 |
| Depreciation | 1,017 | 1,459 | 1,703 | 1,863 | 2,011 | 2,893 | 3,267 | 3,476 | 4,225 | 4,678 | 4,812 | 4,902 |
| Profit before tax | 17,284 | 18,740 | 19,951 | 20,270 | 21,041 | 22,007 | 26,628 | 30,110 | 33,322 | 35,988 | 37,608 | 39,995 |
| Tax % | 28% | 28% | 28% | 21% | 27% | 24% | 27% | 26% | 28% | 27% | 29% | 26% |
| Net Profit + | 12,372 | 13,489 | 14,353 | 16,029 | 15,410 | 16,639 | 19,423 | 22,146 | 24,108 | 26,248 | 26,750 | 29,474 |
| EPS in Rs | 26.93 | 29.36 | 31.24 | 36.69 | 35.26 | 38.96 | 45.42 | 52.56 | 58.08 | 63.20 | 64.32 | 72.59 |
| Dividend Payout % | 55% | 41% | 41% | 59% | 60% | 45% | 59% | 59% | 58% | 73% | 67% | 66% |
Financials of Infosys Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 572 | 1,144 | 1,144 | 1,088 | 2,170 | 2,122 | 2,124 | 2,098 | 2,069 | 2,071 | 2,073 | 2,024 |
| Reserves | 50,164 | 60,600 | 67,838 | 63,835 | 62,778 | 63,328 | 74,227 | 73,252 | 73,338 | 86,045 | 93,745 | 90,828 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 4,633 | 5,325 | 5,474 | 8,299 | 8,359 | 8,227 | 9,176 |
| Other Liabilities + | 15,553 | 13,354 | 14,166 | 14,426 | 19,118 | 21,717 | 25,835 | 35,905 | 40,890 | 40,885 | 43,750 | 52,260 |
| Total Liabilities | 66,289 | 75,098 | 83,148 | 79,349 | 84,066 | 91,800 | 107,511 | 116,729 | 124,596 | 137,360 | 147,795 | 154,288 |
| Fixed Assets + | 11,346 | 13,386 | 14,179 | 12,574 | 15,710 | 23,789 | 25,505 | 25,800 | 29,225 | 27,622 | 30,961 | 33,770 |
| CWIP | 776 | 960 | 1,365 | 1,606 | 1,388 | 954 | 922 | 416 | 288 | 293 | 814 | 526 |
| Investments | 2,270 | 1,892 | 16,423 | 12,163 | 11,261 | 8,792 | 14,205 | 20,324 | 19,478 | 24,623 | 23,541 | 21,880 |
| Other Assets + | 51,897 | 58,860 | 51,181 | 53,006 | 55,707 | 58,265 | 66,879 | 70,189 | 75,605 | 84,822 | 92,479 | 98,112 |
| Total Assets | 66,289 | 75,098 | 83,148 | 79,349 | 84,066 | 91,800 | 107,511 | 116,729 | 124,596 | 137,360 | 147,795 | 154,288 |
Financials of Infosys Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 8,353 | 10,028 | 11,531 | 13,218 | 14,841 | 17,003 | 23,224 | 23,885 | 22,467 | 25,210 | 35,694 | 33,986 |
| Cash from Investing Activity + | 999 | -885 | -14,664 | 4,533 | -632 | -331 | -7,373 | -6,485 | -1,071 | -5,093 | -1,864 | 3,546 |
| Cash from Financing Activity + | -4,935 | -6,813 | -6,939 | -20,505 | -14,512 | -17,591 | -9,786 | -24,642 | -26,695 | -17,504 | -24,161 | -39,786 |
| Net Cash Flow | 4,417 | 2,330 | -10,072 | -2,754 | -303 | -919 | 6,065 | -7,242 | -5,299 | 2,613 | 9,669 | -2,254 |
| Free Cash Flow | 6,106 | 7,305 | 8,771 | 11,220 | 12,396 | 13,696 | 21,117 | 21,724 | 19,888 | 23,009 | 33,457 | 31,259 |
| CFO/OP | 101% | 93% | 92% | 107% | 107% | 97% | 106% | 100% | 89% | 95% | 105% | 101% |
Financials of Infosys Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 66 | 66 | 68 | 65 | 74 | 70 | 68 | 63 | 72 | 70 | 72 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 66 | 66 | 66 | 68 | 65 | 74 | 70 | 68 | 63 | 72 | 70 | 72 |
| Working Capital Days | 3 | 34 | 38 | 50 | 36 | 42 | 36 | 28 | 31 | 54 | 39 | 33 |
| ROCE % | 36% | 33% | 30% | 30% | 32% | 32% | 35% | 37% | 40% | 40% | 38% | 40% |