Archive · 24 Jul 2026

Infosys Q1 Profit Rises 12% YoY

Infosys Q1 Profit Rises 12% YoY

Infosys, a big Indian IT company, recently announced its financial results for the first three months of the year 2026-27.

The company made a lot more money compared to the same time last year, with a 12.3% increase in profit.

However, compared to the last three months of the previous year, the profit was a bit lower.

The company also announced that Ashiss Kumar Dash will be the new CEO starting from April 1, 2027.

The current CEO, Salil Parekh, will continue to lead until then to ensure a smooth transition.

Infosys also gave some shares to its employees and approved the creation of a new subsidiary in Singapore.

Sources