Exhibit 99.6
Form of Release to Stock Exchanges

 

 

INDEPENDENT Auditor’s Report ON AUDIT OF QUARTERLY AND HALF YEARLY CONSOLIDATED FINANCIAL RESULTS

To The Board of Directors of INFOSYS Limited

Opinion

We have audited the accompanying statement of Consolidated Financial Results of INFOSYS LIMITED (the “Company”) and its subsidiaries (the Company and its subsidiaries together referred to as the “Group”) for the quarter and half year ended September 30, 2026 (the “Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “LODR Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

(i)includes the financial results of the subsidiaries as given in the Annexure to this report;

 

(ii)is presented in accordance with the requirements of Regulation 33 of the LODR Regulations; and

 

(iii)gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under section 133 of the Companies Act, 2013 (the “Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the quarter and half year ended September 30, 2026.

 

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (“SA”s) specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in Auditor’s Responsibilities for audit of the consolidated financial results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the consolidated financial results for the quarter and half year ended September 30, 2026 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Statement

The Statement, which includes the Consolidated Financial Results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed consolidated financial statements for the three months and six months ended September 30, 2026. This responsibility includes the preparation and presentation of the Statement that give a true and fair view of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Ind AS 34, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations.

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Statement by the Directors of the Company, as aforesaid.

In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.

Auditor’s Responsibilities for audit of the Consolidated Financial Results for the quarter and half year ended September 30, 2026

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results for the quarter and half year ended September 30, 2026, as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

·Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

 

·Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of such controls.

 

·Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

 

·Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.

 

·Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.

 

·Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fair presentation.

 

·Perform procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the LODR Regulations to the extent applicable.

 

·Obtain sufficient appropriate audit evidence regarding the Financial Information of the entities within the Group to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement of which we are the independent auditors.

Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.

We communicate with those charged with governance of the Company and such other entities included in the Statement of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

 

 

 

For DELOITTE HASKINS & SELLS LLP

  Chartered Accountants
 

(Firm’s Registration No. 117366W/W-100018)

 

 

 

 

 

  Vikas Bagaria
  Partner
Place: Hyderabad (Membership No.060408)
Date: October 23, 2026 UDIN: 26060408LKUBNV1776

 

 

Annexure to Auditor’s Report

List of Entities:

1.Infosys Technologies (China) Co. Limited
2.Infosys Technologies S. de R. L. de C. V.
3.Infosys Technologies (Sweden) AB
4.Infosys Technologies (Shanghai) Company Limited
5.Infosys Nova Holdings LLC.
6.EdgeVerve Systems Limited
7.Infosys Austria GmbH
8.Infosys Chile SpA
9.Infosys Arabia Limited (under liquidation)
10.Infosys Consulting Ltda.
11.Infosys Luxembourg S.a.r.l
12.Infosys Public Services, Inc. USA
13.Infosys BPM Limited
14.Infosys (Czech Republic) Limited s.r.o.
15.Infosys Poland Sp z.o.o
16.Infosys McCamish Systems LLC
17.Portland Group Pty Ltd
18.Infosys BPO Americas LLC
19.Infosys Consulting Holding AG
20.Infosys Management Consulting Pty Limited
21.Infosys Consulting AG
22.Infosys Consulting GmbH
23.Infosys Romania SRL
24.Infosys Consulting SAS
25.Infy Consulting Company Ltd.
26.Infy Consulting B.V.
27.Infosys Consulting S.R.L (Argentina) (formerly a majority owned and controlled subsidiary of Infosys Limited) became the majority owned and controlled subsidiary of Infosys Nova Holdings LLC with effect from January 28, 2026.
28.Infosys Consulting (Belgium) NV
29.Panaya Inc.
30.Infosys Financial Services GmbH
31.Panaya Ltd.
32.Brilliant Basics Holdings Limited (under liquidation)
33.Brilliant Basics Limited (under liquidation)
34.Infosys Singapore Pte. Ltd.
35.Infosys Middle East FZ LLC
36.Fluido Oy
37.Fluido Sweden AB
38.Fluido Norway A/S
39.Fluido Denmark A/S
40.Fluido Slovakia s.r.o
41.Infosys Compaz Pte. Ltd.
42.Infosys South Africa (Pty) Ltd.
43.HIPUS Co., Ltd.
44.Stater N.V.
45.Stater Nederland B.V.
46.Stater XXL B.V.
47.HypoCasso B.V.
48.Simplus ANZ Pty Ltd.
49.Simplus Australia Pty Ltd.
50.Simplus Philippines, Inc.
51.Infosys Fluido UK, Ltd.
52.Infosys Fluido Ireland, Ltd.
53.Infosys Limited Bulgaria EOOD
54.Infosys BPM UK Limited
55.GuideVision s.r.o
56.GuideVision Deutschland GmbH
57.GuideVision Suomi Oy
58.GuideVision Magyarorszag Kft
59.GuideVision Polska Sp. z.o.o
60.Infosys Business Solutions LLC
61.Infosys Germany GmbH (wholly-owned subsidiary of Infosys Singapore Pte Limited merged into Infosys Germany SE (formerly known as Blitz 24-893 SE) effective from September 24, 2025)
62.GuideVision UK Ltd, a wholly-owned subsidiary of GuideVision, s.r.o. has been liquidated effective September 01, 2026
63.Infosys Turkey Bilgi Teknolojileri Limited Sirketi
64.Infosys Germany Holding Gmbh
65.Infosys Automotive and Mobility GmbH & Co. KG
66.Stater GmbH
67.Infosys Green Forum
68.Infosys (Malaysia) SDN. BHD.
69.WongDoody GmbH
70.WongDoody (Shanghai) Co. Limited
71.WongDoody Limited (Taipei)
72.Infosys Public Services Canada Inc.
73.BASE life science A/S
74.BASE life science AG
75.BASE life science GmbH
76.BASE life science Ltd.
77.BASE life science S.A.S
78.BASE life science S.r.l.
79.Innovisor Inc.
80.BASE life science Inc.
81.BASE life science S.L.
82.Panaya Germany GmbH
83.Infosys Norway
84.Idunn Information Technology Private Limited
85.InSemi Technology Services Pvt. Ltd.
86.Elbrus Labs Private Limited
87.Infosys Services (Thailand) Limited
88.Infy tech SAS
89.in-tech GmbH
90.in-tech Automotive Engineering SL
91.ProIT
92.in-tech Automotive Engineering de R.L. de C.V (liquidated effective May 07, 2025)
93.Drivetech Fahrversuch GmbH
94.Friedrich Wagner Holding Inc (under liquidation)
95.in-tech engineering s.r.o
96.in-tech engineering GmbH
97.in-tech engineering services S.R.L (merged into ProIT with effect from November 30, 2025)
98.in-tech Group Ltd.
99.in-tech Group India Private Limited
100.in-tech Automotive Engineering Shenyang Co.
101.in-tech Automotive Engineering Beijing Co., Ltd (“in-tech (Beijing) Information Technology Co.Ltd”), a wholly-owned subsidiary of In-tech Aut Engg Shenyang Co. Ltd, has been liquidated effective September 02, 2026
102.Infosys Employees Welfare Trust
103.Infosys Employee Benefits Trust
104.Infosys Science Foundation
105.Infosys Expanded Stock Ownership Trust
106.Infosys Germany SE (formerly known as Blitz 24-893 SE)
107.Infosys Limited SPC
108.Infosys BPM Netherlands B.V.
109.Infosys Energy Consulting Services LLC, a wholly-owned subsidiary of Infosys Nova Holdings LLC was incorporated on April 16, 2025.
110.Infosys Saudi Arabia LLC, a wholly-owned subsidiary of Infosys Limited was incorporated on April 21, 2025.
111.Infosys Australia Technology Services Pty Ltd, a wholly-owned subsidiary of Infosys Singapore Pte. Limited was incorporated on April 23, 2025.
112.MRE Consulting Ltd, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) with 98.21% partnership interest and Infosys Energy Consulting Services LLC (a wholly-owned subsidiary of Infosys Nova Holdings LLC) with 1.79% partnership interest on April 30, 2025.
113.MRE Technology Services LLC (a wholly-owned subsidiary of MRE Consulting Ltd), acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) with 98.21% partnership interest and Infosys Energy Consulting Services LLC (a wholly-owned subsidiary of Infosys Nova Holdings LLC) with 1.79% partnership interest on April 30, 2025.
114.The Missing Link Automation Pty Ltd, acquired by Infosys Australia Technology Services Pty Ltd, a wholly-owned subsidiary of Infosys Singapore Pte. Limited (a wholly-owned subsidiary of Infosys Limited) on April 30, 2025.
115.The Missing Link Network Integration Pty Ltd, acquired by Infosys Australia Technology Services Pty Ltd, a wholly-owned subsidiary of Infosys Singapore Pte. Limited (a wholly-owned subsidiary of Infosys Limited) on April 30, 2025.
116.The Missing Link Security Pty Ltd, acquired by Infosys Australia Technology Services Pty Ltd, a wholly-owned subsidiary of Infosys Singapore Pte. Limited (a wholly-owned subsidiary of Infosys Limited) on April 30, 2025.
117.The Missing Link Security Ltd, (a wholly-owned subsidiary of The Missing Link Security Pty Ltd) acquired by Infosys Australia Technology Services Pty Ltd, a wholly-owned subsidiary of Infosys Singapore Pte. Limited (a wholly-owned subsidiary of Infosys Limited) on April 30, 2025.
118.Infosys BPM Canada Inc, a wholly-owned subsidiary of Infosys BPM UK Limited was incorporated on July 28, 2025.
119.Infosys Enterprise Business Services Pty Ltd, a wholly-owned subsidiary of Infosys Singapore Pte Ltd was incorporated on March 19, 2026.
120.Stratus Canada Inc, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on April 21, 2026.
121.Stratus Global (India) Pvt Ltd, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on April 21, 2026.
122.Stratus Global LLC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on April 21, 2026.
123.Stratus Holdings International Inc., acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on April 21, 2026.
124.Stratus Technology Services LLC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on April 21, 2026.
125.New Heritage Capital Fund III-B, LP, (acquired by Infosys Nova Holdings LLC on April 21, 2026.) It was subsequently liquidated on April 22, 2026.
126.Optimum Achieve Holdings, Inc, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
127.Optimum Healthcare IT, LLC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
128.TSC Companies, LLC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
129.Optimum CAN Holdings LLC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
130.Optimum Tech Services LLC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
131.Optimum HIT Canada ULC, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
132.Optimum Healthcare IT Pty Ltd, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.
133.3-102-936558 Sociedad De Responsabilidad Limitada, acquired by Infosys Nova Holdings LLC (a wholly-owned subsidiary of Infosys Limited) on May 4, 2026.

 

INDEPENDENT Auditor’s Report ON THE AUDIT OF QUARTERLY AND HALF YEARLY STANDALONE FINANCIAL RESULTS

To The Board of Directors of INFOSYS Limited

Opinion

We have audited the accompanying statement of Standalone Financial Results of INFOSYS LIMITED (the “Company”) for the quarter and half year ended September 30, 2026 (the “Statement”) being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “LODR Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the statement:

(i)is presented in accordance with the requirements of Regulation 33 of the LODR Regulations; and

 

(ii)gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under section 133 of the Companies Act, 2013 (the “Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the quarter and half year ended September 30, 2026.

Basis for Opinion

We conducted our audit of the Statement in accordance with the Standards on Auditing (“SA”s) specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“ICAI”) together with the ethical requirements that are relevant to our audit of the Standalone Financial Results for the quarter and half year ended September 30, 2026 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Statement

The Statement, which includes the Standalone Financial Results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been compiled from the related audited interim condensed standalone financial statements for the three months and six months ended September 30, 2026. This responsibility includes the preparation and presentation of the Standalone Financial Results for the quarter and half year ended September 30, 2026 that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in the Ind AS 34, prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statements that give a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors are responsible for assessing the Company’s ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the financial reporting process of the Company.

Auditor’s Responsibilities for audit of the Standalone Financial Results for the quarter and half year ended September 30, 2026

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

•Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

 

•Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of such controls.

 

•Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

 

•Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.

 

•Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.

 

•Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fair presentation.

 

•Obtain sufficient appropriate audit evidence regarding the Statement to express an opinion on the Statement.

 

Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

 

 

 

For DELOITTE HASKINS & SELLS LLP

  Chartered Accountants
 

(Firm’s Registration No. 117366W/W-100018)

 

 

 

 

 

  Vikas Bagaria
  Partner
Place: Hyderabad (Membership No.060408)
Date: October 23, 2026 UDIN: 26060408TGDFIS6791

 

 

 

 

 

 

Text

Description automatically generated

Infosys Limited

Regd. office: Electronics City, Hosur Road,

Bengaluru – 560 100, India

CIN : L85110KA1981PLC013115

Website: www.infosys.com

email: investors@infosys.com

T: 91 80 2852 0261, F: 91 80 2852 0362

 

 

Statement of Consolidated Audited Results of Infosys Limited and its subsidiaries for the quarter and half-year ended September 30, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS)  

 

(in crore, except per equity share data)

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-year ended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
  Audited Audited Audited Audited Audited Audited
Revenue from operations  49,244  48,211  44,490  97,454  86,769  178,650
Other income, net  848  984  982  1,832  2,024  4,322
Total Income  50,092  49,195  45,472  99,286  88,793  182,972
Expenses            
Employee benefit expenses  25,483  25,287  23,438  50,770  46,284  95,094
Cost of technical sub-contractors  4,393  4,181  3,879  8,574  7,376  15,421
Travel expenses  691  701  539  1,392  1,055  2,097
Cost of software packages and others  4,573  4,421  4,025  8,993  7,771  15,722
Communication expenses  151  150  160  301  303  603
Consultancy and professional charges  677  603  480  1,280  943  2,090
Depreciation and amortisation expenses  1,359  1,246  1,182  2,605  2,323  4,902
Finance cost  115  119  106  235  211  416
Other expenses  1,587  1,459  1,434  3,045  2,557  5,343
Total expenses  39,029  38,167  35,243  77,195  68,823  141,688
Profit before exceptional item and tax  11,063  11,028  10,229  22,091  19,970  41,284
Exceptional item            
Impact of Labour Codes – – – – –  1,289
Profit before tax  11,063  11,028  10,229  22,091  19,970  39,995
Tax expense:            
Current tax  3,398  3,356  3,178  6,754  6,232  11,767
Deferred tax  (173)  (103)  (324)  (276)  (562)  (1,246)
Profit for the period  7,838  7,775  7,375  15,613  14,300  29,474
             
Other comprehensive income            
             
Items that will not be reclassified subsequently to profit or loss            
Remeasurement of the net defined benefit liability/asset, net  (177)  296  (38)  119  (108)  (288)
Equity instruments through other comprehensive income, net  (9)  60  (8)  51  27  397
             
Items that will be reclassified subsequently to profit or loss            
Fair value changes on derivatives designated as cash flow hedge, net  (13)  49 –  36  6  (1)
Exchange differences on translation of foreign operations  212  (94)  862  118  1,881  3,256
Fair value changes on investments, net  (97)  60  (34)  (37)  89  (27)
Total other comprehensive income/(loss), net of tax  (84)  371  782  287  1,895  3,337
             
Total comprehensive income for the period  7,754  8,146  8,157  15,900  16,195  32,811
             
Profit attributable to:            
Owners of the company  7,823  7,769  7,364  15,592  14,285  29,440
Non-controlling interests  15  6  11  21  15  34
   7,838  7,775  7,375  15,613  14,300  29,474
             
Total comprehensive income attributable to:            
Owners of the company  7,733  8,142  8,140  15,875  16,165  32,750
Non-controlling interests  21  4  17  25  30  61
   7,754  8,146  8,157  15,900  16,195  32,811
             
Paid up share capital (par value 5/- each, fully paid)  2,026  2,025  2,074  2,026  2,074  2,024
Other equity *#  90,828  90,828  93,745  90,828  93,745  90,828
             
Earnings per equity share (par value 5/- each)**            
Basic (in per share)  19.32  19.19  17.76  38.51  34.47  71.58
Diluted (in per share)  19.30  19.17  17.74  38.46  34.41  71.46

 

*Balances for the quarter and half year ended September 30, 2026 and quarter ended June 30, 2026 represent balances as per the audited Balance Sheet as at March 31, 2026 and balances for the quarter and half year ended September 30, 2025 represent balances as per the audited Balance Sheet as at March 31, 2025 as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015

 

**EPS is not annualized for the quarter and half year ended September 30, 2026, quarter ended June 30, 2026 and quarter and half year ended September 30, 2025.
#Excludes non-controlling interest

 

1. Notes

 

a) The audited interim condensed consolidated financial statements for the quarter and half year ended September 30, 2026 have been taken on record by the Board of Directors at its meeting held on October 23, 2026. The statutory auditors, Deloitte Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited interim condensed consolidated financial statements. Those interim condensed consolidated financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.

 

b) Update on employee stock grants

 

The Board, on October 23, 2026, based on the recommendations of the Nomination and Remuneration Committee approved the grant of 9,640 Restricted Stock Units (RSUs) under the 2015 Incentive Compensation Plan ('2015 Plan') to eligible employees. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f November 1, 2026 and the exercise price will be equal to the par value of the share.

 

2. Information on dividends for the quarter and half year ended September 30, 2026

 

The Board of Directors declared an interim dividend of 26/- per equity share. The record date for the payment is November 3, 2026. The interim dividend will be paid on November 11, 2026. The interim dividend declared in the previous year was 23/- per equity share.

     (in )

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-year ended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
Dividend per share (par value 5/- each)            
 Interim dividend  26.00 –  23.00  26.00  23.00  23.00
 Final dividend – – – – –  25.00

 

3. Audited Consolidated Balance Sheet

 

(in crore)

Particulars As at
  September 30, 2026 March 31, 2026
ASSETS    
Non-current assets    
Property, plant and equipment  13,071  12,651
Right of use assets  6,176  6,177
Capital work-in-progress  423  526
Goodwill  14,864  12,117
Other Intangible assets  4,425  2,825
Financial assets    
 Investments  8,390  8,930
 Loans  3  6
 Other financial assets  2,621  2,776
Deferred tax assets (net)  2,307  2,264
Income tax assets (net)  1,775  666
Other non-current assets  3,674  3,540
Total non-current assets  57,729  52,478
     
Current assets    
Financial assets    
 Investments  13,761  12,950
 Trade receivables  34,821  35,234
 Cash and cash equivalents  24,350  22,201
 Loans  239  234
 Other financial assets  17,859  15,890
Income tax assets (net)  38  1,835
Other current assets  14,683  15,145
Total current assets  105,751  103,489
Total Assets  163,480  155,967
     
EQUITY AND LIABILITIES    
Equity    
Equity share capital  2,026  2,024
Other equity  97,051  90,828
Total equity attributable to equity holders of the Company  99,077  92,852
Non-controlling interests  466  445
Total equity  99,543  93,297
     
Liabilities    
Non-current liabilities    
Financial liabilities    
Lease liabilities  4,942  6,016
Other financial liabilities  2,797  2,092
Deferred tax liabilities (net)  1,885  1,679
Other non-current liabilities  732  561
Total non-current liabilities  10,356  10,348
     
Current liabilities    
Financial liabilities    
 Lease liabilities  3,583  3,160
 Trade payables  4,498  4,744
 Other financial liabilities  21,162  21,483
Other current liabilities  15,822  15,779
Provisions  1,963  1,512
Income tax liabilities (net)  6,553  5,644
Total current liabilities  53,581  52,322
Total equity and liabilities  163,480  155,967

 

The disclosure is an extract of the audited Consolidated Balance Sheet as at September 30, 2026 and March 31, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS).

 

4. Audited Consolidated Statement of Cash Flows

 

(in crore)

Particulars Half-year ended September 30,
  2026 2025
Cash flow from operating activities    
Profit for the period  15,613  14,300
Adjustments to reconcile net profit to net cash provided by operating activities:    
Income tax expense  6,478  5,670
Depreciation and amortization  2,605  2,323
Interest and dividend income  (1,277)  (1,554)
Finance cost  235  211
Impairment loss recognized / (reversed) under expected credit loss model  61  34
Exchange differences on translation of assets and liabilities, net  18  573
Stock compensation expense  460  471
Provision for post sale client support  (47)  (97)
Other adjustments  960  658
Changes in assets and liabilities    
Trade receivables and unbilled revenue  (325)  (4,395)
Loans, other financial assets and other assets  340  (175)
Trade payables  (359)  (451)
Other financial liabilities, other liabilities and provisions  (688)  2,939
Cash generated from operations  24,074  20,507
Income taxes (paid) / received  (5,116)  (2,996)
Net cash generated by operating activities  18,958  17,511
Cash flows from investing activities    
Expenditure on property, plant and equipment and intangibles, net of sale proceeds  (1,585)  (1,352)
Deposits placed with corporation  (775)  (683)
Redemption of deposits placed with corporation  515  392
Interest and dividend received  883  1,613
Payment towards acquisition of business, net of cash acquired  (3,238)  (637)
Payment of contingent consideration pertaining to acquisition of business  (27)  (13)
Other receipts  1  14
Payments to acquire Investments    
Tax free bonds and government bonds  (345)  (21)
Mutual fund units  (39,313)  (36,091)
Certificates of deposit  (4,827)  (7,149)
Commercial Papers  (2,817)  (2,686)
Non-convertible debentures  (1,332)  (2,639)
Government securities  (717)  (531)
Other Investments  (201)  (22)
Proceeds on sale of Investments    
Tax free bonds and government bonds  283  1,284
Mutual fund units  36,788  32,967
Certificates of deposit  8,850  5,857
Commercial Papers  2,575  4,675
Non-convertible debentures  233  1,625
Government securities  1,022  3,265
Other Investments  10 –
Net cash generated / (used in) from investing activities  (4,017)  (132)
Cash flows from financing activities:    
Payment of lease liabilities  (1,819)  (1,382)
Payment of dividends  (10,126)  (9,122)
Loan repayment of acquired entities  (812) –
Payment of dividend to non-controlling interest of subsidiary  (4)  (3)
Shares issued on exercise of employee stock options  2  1
Other payments  (57)  (181)
Net cash used in financing activities  (12,816)  (10,687)
Net increase / (decrease) in cash and cash equivalents  2,125  6,692
Effect of exchange rate changes on cash and cash equivalents  24  685
Cash and cash equivalents at the beginning of the period  22,201  24,455
Cash and cash equivalents at the end of the period  24,350  31,832
Supplementary information:    
Restricted cash balance  443  410

 

The disclosure is an extract of the audited Consolidated Statement of Cash flows for the half year ended September 30, 2026 and September 30, 2025 prepared in compliance with Indian Accounting Standard (Ind AS) 34 Interim Financial Reporting. 

 

5. Segment reporting (Consolidated - Audited)

 

(in crore)

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-year ended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
Revenue by business segment            
Financial Services (1)  13,774  13,463  12,320  27,237  24,116  49,908
Manufacturing  7,913  7,668  7,347  15,581  14,151  29,078
Energy, Utilities, Resources and Services  6,975  6,452  5,945  13,428  11,687  23,818
Retail (2)  5,664  6,172  5,639  11,835  11,290  23,077
Communication (3)  6,150  5,791  5,397  11,941  10,494  21,765
Life Sciences (4)  4,145  3,842  2,863  7,986  5,607  12,267
Hi-Tech  3,332  3,710  3,703  7,042  6,999  13,928
All other segments (5)  1,291  1,113  1,276  2,404  2,425  4,809
Total  49,244  48,211  44,490  97,454  86,769  178,650
Less: Inter-segment revenue – – – – – –
Net revenue from operations  49,244  48,211  44,490  97,454  86,769  178,650
Segment Profit:            
Financial Services (1)  3,644  3,662  3,059  7,305  6,032  12,678
Manufacturing  1,694  1,685  1,752  3,380  3,169  6,444
Energy, Utilities, Resources and Services  1,986  1,576  1,506  3,562  2,943  5,984
Retail (2)  1,707  1,701  1,720  3,408  3,411  7,089
Communication (3)  1,146  1,180  1,017  2,326  1,897  3,861
Life Sciences (4)  631  619  534  1,250  1,087  2,444
Hi-Tech  795  911  763  1,706  1,532  3,228
All other segments (5)  86  75  184  162  409  717
Total  11,689  11,409  10,535  23,099  20,480  42,445
Less: Other Unallocable expenditure*  1,359  1,246  1,182  2,605  2,323  6,191
Add: Unallocable other income  848  984  982  1,832  2,024  4,157
Less: Finance cost  115  119  106  235  211  416
Profit before tax and non-controlling interests  11,063  11,028  10,229  22,091  19,970  39,995

 

(1)Financial Services include enterprises in Financial Services and Insurance

 

(2)Retail includes enterprises in Retail, Consumer Packaged Goods and Logistics

 

(3)Communication includes enterprises in Communication, Telecom OEM and Media

 

(4)Life Sciences includes enterprises in Life sciences and Health care

 

(5)All other segments include operating segments of businesses in India, Japan, China, Infosys Public Services & identified enterprises in Public Services.

 

*Unallocable expense includes 1,289 crore towards impact of Labour Codes for the year ended March 31, 2026.

 

Notes on segment information

 

Business segments

 

Based on the "management approach" as required by Ind-AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented along these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments.

 

Segmental capital employed

 

Assets and liabilities used in the Group's business are not identified to any of the reportable segments, as these are used interchangeably between segments. The Management believes that it is currently not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

 

6. Audited financial results of Infosys Limited (Standalone Information)

 

(in crore)

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-year ended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
  Audited Audited Audited Audited Audited Audited
Revenue from operations  40,719  39,957  36,907  80,676  72,182  148,819
Profit before exceptional item and tax  10,905  10,161  10,469  21,067  19,130  39,903
Exceptional item - Impact of Labour Codes – – – – –  1,146
Profit before tax  10,905  10,161  10,469  21,067  19,130  38,757
Profit for the period  7,893  7,249  7,759  15,142  13,874  29,211

 

The audited results of Infosys Limited for the above mentioned periods are available on our website, www.infosys.com and on the stock exchange website www.nseindia.com and www.bseindia.com. The information above has been extracted from the audited interim standalone financial statements as stated.

 

  By order of the Board for Infosys Limited
   
Bengaluru, India Salil Parekh
October 23, 2026 Chief Executive Officer and Managing Director

 

The Board has also taken on record the consolidated results of Infosys Limited and its subsidiaries for the quarter and half-year ended September 30, 2026, prepared as per International Financial Reporting Standards (IFRS) and reported in US dollars. A summary of the financial statements is as follows:

 

(in US$ million, except per equity share data)

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-yearended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
  Audited Audited Audited Audited Audited Audited
Revenues  5,145  5,082  5,076  10,227  10,018  20,158
Cost of sales  3,547  3,482  3,516  7,028  6,933  14,079
Gross profit  1,598  1,600  1,560  3,199  3,085  6,079
Operating expenses  519  528  495  1,048  992  1,994
Operating profit #  1,079  1,072  1,065  2,151  2,093  4,085
Other income, net  89  104  112  193  234  468
Finance cost  12  13  12  25  24  47
Profit before income taxes  1,156  1,163  1,165  2,319  2,303  4,506
Income tax expense  337  343  325  680  654  1,190
Net profit  819  820  840  1,639  1,649  3,316
Earnings per equity share*            
 Basic (in $ per share)  0.20  0.20  0.20  0.40  0.40  0.81
 Diluted (in $ per share)  0.20  0.20  0.20  0.40  0.40  0.80
Total assets  17,060  16,359  18,064  17,060  18,064  16,446
Cash and cash equivalents and current investments  3,977  3,124  5,005  3,977  5,005  3,706

 

*EPS is not annualized for the quarter and half year ended September 30, 2026, quarter ended June 30, 2026 and quarter and half year ended September 30, 2025.

 

#includes $143 million towards impact of Labour Codes for the year ended March 31, 2026.

 

Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

 

 

 

 

 

 

 

Text

Description automatically generated

Infosys Limited

Regd. office: Electronics City, Hosur Road,

Bengaluru – 560 100, India

CIN : L85110KA1981PLC013115

Website: www.infosys.com

email: investors@infosys.com

T: 91 80 2852 0261, F: 91 80 2852 0362

 

 

 

Statement of Audited results of Infosys Limited for the quarter and half-year ended September 30, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS)

 

(in crore, except per equity share data)

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-year ended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
  Audited Audited Audited Audited Audited Audited
Revenue from operations  40,719  39,957  36,907  80,676  72,182  148,819
Other income, net  1,702  874  2,268  2,576  3,151  6,491
Total income  42,421  40,831  39,175  83,252  75,333  155,310
Expenses            
Employee benefit expenses  19,100  18,820  18,074  37,919  35,746  73,239
Cost of technical sub-contractors  6,272  6,035  5,613  12,307  10,821  22,388
Travel expenses  471  498  422  969  814  1,596
Cost of software packages and others  2,994  2,922  2,294  5,916  4,511  9,274
Communication expenses  106  101  113  207  212  419
Consultancy and professional charges  556  492  449  1,048  841  1,846
Depreciation and amortisation expense  662  613  595  1,275  1,209  2,394
Finance cost  58  61  52  119  108  207
Other expenses  1,297  1,128  1,094  2,425  1,941  4,044
Total expenses  31,516  30,670  28,706  62,185  56,203  115,407
Profit before exceptional item and tax  10,905  10,161  10,469  21,067  19,130  39,903
Exceptional item            
Impact of Labour Codes  -  -  -  -  -  1,146
Profit before tax  10,905  10,161  10,469  21,067  19,130  38,757
Tax expense:            
Current tax  3,156  3,041  2,991  6,197  5,752  10,459
Deferred tax  (144)  (129)  (281)  (272)  (496)  (913)
Profit for the period  7,893  7,249  7,759  15,142  13,874  29,211
Other comprehensive income            
Items that will not be reclassified subsequently to profit or loss            
Remeasurement of the net defined benefit liability / asset, net  (184)  275  (38)  91  (99)  (285)
Equity instruments through other comprehensive income, net  (7)  60  (8)  53  27  397
             
Items that will be reclassified subsequently to profit or loss            
Fair value changes on derivatives designated as cash flow hedges, net  (13)  49 –  36  6  (1)
Fair value changes on investments, net  (97)  59  (34)  (38)  88  (26)
             
Total other comprehensive income/ (loss), net of tax  (301)  443  (80)  142  22  85
             
Total comprehensive income for the period  7,592  7,692  7,679  15,284  13,896  29,296
             
Paid-up share capital (par value 5/- each fully paid)  2,029  2,028  2,077  2,029  2,077  2,027
Other Equity*  78,847  78,847  85,256  78,847  85,256  78,847
Earnings per equity share (par value 5 /- each)**            
Basic (in per share)  19.45  17.87  18.68  37.32  33.40  70.87
Diluted (in per share)  19.44  17.86  18.66  37.29  33.36  70.78

 

*Balances for the quarter and half year ended September 30, 2026 and quarter ended June 30, 2026 represent balances as per the audited Balance Sheet as at March 31, 2026 and balances for the quarter and half year ended September 30, 2025 represent balances as per the audited Balance Sheet as at March 31, 2025 as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015

 

**EPS is not annualized for the quarter and half year ended September 30, 2026, quarter ended June 30, 2026 and quarter and half year ended September 30, 2025.

 

1. Notes

 

a) The audited interim condensed standalone financial statements for the quarter and half year ended September 30, 2026 have been taken on record by the Board of Directors at its meeting held on October 23, 2026. The statutory auditors, Deloitte Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited interim condensed standalone financial statements. Those interim condensed standalone financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.

 

b) Update on employee stock grants

 

The Board, on October 23, 2026, based on the recommendations of the Nomination and Remuneration Committee approved the grant of 9,640 Restricted Stock Units (RSUs) under the 2015 Incentive Compensation Plan ('2015 Plan') to eligible employees. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f November 1, 2026 and the exercise price will be equal to the par value of the share.

 

2. Information on dividends for the quarter and half year ended September 30, 2026

 

The Board of Directors declared an interim dividend of 26/- per equity share. The record date for the payment is November 3, 2026. The interim dividend will be paid on November 11, 2026. The interim dividend declared in the previous year was 23/- per equity share.

 

(in )

Particulars  Quarter
ended
September 30,
 Quarter
ended
June 30,
 Quarter
ended
September 30,
Half-year ended September 30, Year ended
March 31,
  2026 2026 2025 2026 2025 2026
Dividend per share (par value 5/- each)            
 Interim dividend  26.00 –  23.00  26.00  23.00  23.00
 Final dividend – – – – –  25.00

 

 

3. Audited Standalone Balance Sheet

 

(In crore)

Particulars As at
  September 30, 2026 March 31, 2026
ASSETS    
Non-current assets    
Property, plant and equipment  11,052  10,774
Right of use assets  2,863  2,851
Capital work-in-progress  403  512
Goodwill  211  211
Financial assets    
 Investments  25,378  26,036
 Loans  2  5
 Other financial assets  2,197  1,835
Deferred tax assets (net)  1,458  1,347
Income tax assets (net)  1,146  99
Other non-current assets  2,695  2,590
Total non-current assets  47,405  46,260
     
Current assets    
Financial assets    
 Investments  12,819  12,039
 Trade receivables  29,417  30,337
 Cash and cash equivalents  14,930  8,727
 Loans  179  189
 Other financial assets  16,799  14,770
Income tax assets (net) –  1,745
Other current assets  11,984  12,624
Total current assets  86,128  80,431
Total assets  133,533  126,691
     
EQUITY AND LIABILITIES    
Equity    
 Equity share capital  2,029  2,027
 Other equity  84,459  78,847
Total equity  86,488  80,874
     
LIABILITIES    
Non-current liabilities    
Financial liabilities    
Lease liabilities  2,632  2,815
Other financial liabilities  2,244  1,880
Deferred tax liabilities (net)  814  990
Other non-current liabilities  617  495
Total non - current liabilities  6,307  6,180
     
Current liabilities    
 Financial liabilities    
 Lease liabilities  998  934
 Trade payables    
 Total outstanding dues of micro enterprises and small enterprises  2  9
 Total outstanding dues of creditors other than micro enterprises and small enterprises  3,516  3,530
 Other financial liabilities  16,530  16,812
Other current liabilities  12,451  12,478
Provisions  1,340  1,064
Income tax liabilities (net)  5,901  4,810
Total current liabilities  40,738  39,637
Total equity and liabilities  133,533  126,691

 

The disclosure is an extract of the audited Balance Sheet as at September 30, 2026 and March 31, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS).

 

4. Audited Standalone Statement of Cash flows

 

(In crore)

Particulars Half-year ended September 30,
  2026 2025
Cash flow from operating activities:    
Profit for the period  15,142  13,874
Adjustments to reconcile net profit to net cash provided by operating activities:    
Depreciation and Amortization  1,275  1,209
Income tax expense  5,925  5,256
Impairment loss recognized / (reversed) under expected credit loss model  58  64
Finance cost  119  108
Interest and dividend income  (2,033)  (2,702)
Stock compensation expense  409  419
Provision for post sale client support  (12)  (103)
Exchange differences on translation of assets and liabilities, net  23  324
Other adjustments  695  370
Changes in assets and liabilities    
Trade receivables and unbilled revenue  (716)  (4,047)
Loans, other financial assets and other assets  (274)  (438)
Trade payables  (21)  84
Other financial liabilities, other liabilities and provisions  378  2,191
Cash generated from operations  20,968  16,609
Income taxes (paid) / received  (4,406)  (2,145)
Net cash generated by operating activities  16,562  14,464
Cash flow from investing activities:    
Expenditure on property, plant and equipment , net of sale proceeds  (1,188)  (1,108)
Deposits placed with corporation  (563)  (515)
Redemption of deposits placed with corporation  329  313
Interest and dividend received  703  1,324
Dividend received from subsidiary  957  1,398
Loan repaid by subsidiaries –  10
Payment of contingent consideration pertaining to acquisition of business  (22)  (13)
Investment in subsidiaries  (120)  (785)
Payments to acquire investments    
Mutual fund units  (35,286)  (32,639)
Commercial papers  (2,768)  (2,331)
Certificates of deposit  (4,706)  (6,457)
Tax free bonds and government bonds  (251) –
Government Securities  (717)  (531)
Non-convertible debentures  (1,263)  (2,360)
Other investments  (71)  (1)
Proceeds on sale of investments    
Mutual fund units  33,178  29,792
Commercial papers  2,550  4,300
Certificates of deposit  8,425  5,207
Non-convertible debentures  100  1,360
Government Securities  922  3,165
Tax free bonds and government bonds  224  1,269
Other investments  7 –
Net cash (used in) / generated from investing activities  440  1,398
Cash flow from financing activities:    
Payment of lease liabilities  (634)  (445)
Shares issued on exercise of employee stock options  2  1
Other payments  (42)  (93)
Payment of dividends  (10,146)  (9,142)
Net cash used in financing activities  (10,820)  (9,679)
Net increase / (decrease) in cash and cash equivalents  6,182  6,183
Effect of exchange rate changes on cash and cash equivalents  21  (39)
Cash and cash equivalents at the beginning of the period  8,727  14,265
Cash and cash equivalents at the end of the period  14,930  20,409
Supplementary information:    
Restricted cash balance  65  56

 

The disclosure is an extract of the audited Statement of Cash flows for the half year ended September 30, 2026 and September 30, 2025 prepared in compliance with Indian Accounting Standard (Ind AS) 34 Interim Financial Reporting. 

 

5. Segment Reporting

 

The Company publishes standalone financial statements along with the consolidated financial statements. In accordance with Ind AS 108, Operating Segments, the Company has disclosed the segment information in the audited interim consolidated financial statements. Accordingly, the segment information is given in the audited consolidated financial results of Infosys Limited and its subsidiaries for the quarter and half-year ended September 30, 2026.

 

  By order of the Board for Infosys Limited
   
Bengaluru, India Salil Parekh
October 23, 2026 Chief Executive Officer and Managing Director

 

Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

 

 

 

 

 

 

 

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Description automatically generated

Infosys Limited

Regd. office: Electronics City, Hosur Road,

Bengaluru – 560 100, India

CIN : L85110KA1981PLC013115

Website: www.infosys.com

email: investors@infosys.com

T: 91 80 2852 0261, F: 91 80 2852 0362

 

 

Extract of Consolidated Audited Financial Results of Infosys Limited and its subsidiaries for the quarter and half-year ended September 30, 2026 prepared in compliance with the Indian Accounting Standards (Ind-AS)

 

(in crore, except per equity share data)

Particulars  Quarter
ended
September 30,
Half-year
ended
September 30,
 Quarter
ended
September 30,
  2026 2026 2025
  Audited Audited Audited
Revenue from operations  49,244  97,454  44,490
Profit before tax  11,063  22,091  10,229
Profit for the period  7,838  15,613  7,375
Total comprehensive income for the period (comprising profit for the period after tax and other comprehensive income after tax)  7,754  15,900  8,157
       
Profit attributable to:      
Owners of the company  7,823  15,592  7,364
Non-controlling interests  15  21  11
   7,838  15,613  7,375
       
Total comprehensive income attributable to:      
Owners of the company  7,733  15,875  8,140
Non-controlling interests  21  25  17
   7,754  15,900  8,157
       
Paid-up share capital (par value 5/- each fully paid)  2,026  2,026  2,074
Other equity *#  90,828  90,828  93,745
Earnings per share (par value 5/- each)**      
Basic (in per share)  19.32  38.51  17.76
Diluted (in per share)  19.30  38.46  17.74

 

*Balances for the quarter and half year ended September 30, 2026 represent balances as per the audited Balance Sheet as at March 31, 2026 and balances for the quarter ended September 30, 2025 represent balances as per the audited Balance Sheet as at March 31, 2025 as required by SEBI (Listing and Other Disclosure Requirements) Regulations, 2015

 

**EPS is not annualized for the quarter and half year ended September 30, 2026 and quarter ended September 30, 2025.
#Excludes non-controlling interest

 

1. Notes

 

a) The audited interim condensed consolidated financial statements for the quarter and half year ended September 30, 2026 have been taken on record by the Board of Directors at its meeting held on October 23, 2026. The statutory auditors, Deloitte Haskins & Sells LLP have expressed an unmodified audit opinion. The information presented above is extracted from the audited interim condensed consolidated financial statements. Those interim condensed consolidated financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.

 

b) Update on employee stock grants

 

The Board, on October 23, 2026, based on the recommendations of the Nomination and Remuneration Committee approved the grant of 9,640 Restricted Stock Units (RSUs) under the 2015 Incentive Compensation Plan ('2015 Plan') to eligible employees. The grants made under the 2015 Plan would vest equally over a period of three years. The RSUs will be granted w.e.f November 1, 2026 and the exercise price will be equal to the par value of the share.

 

2. Information on dividends for the quarter and half year ended September 30, 2026

 

The Board of Directors declared an interim dividend of 26/- per equity share. The record date for the payment is November 3, 2026. The interim dividend will be paid on November 11, 2026. The interim dividend declared in the previous year was 23/- per equity share.

 

  (in )

Particulars  Quarter
ended
September 30,
Half-year
ended
September 30,
 Quarter
ended
September 30,
  2026 2026 2025
Dividend per share (par value 5/- each)      
 Interim dividend  26.00  26.00  23.00

 

3. Audited financial results of Infosys Limited (Standalone information)

 

  (in crore)

Particulars  Quarter
ended
September 30,
Half-year
ended
September 30,
 Quarter
ended
September 30,
  2026 2026 2025
  Audited Audited Audited
Revenue from operations  40,719  80,676  36,907
Profit before tax  10,905  21,067  10,469
Profit for the period  7,893  15,142  7,759

 

The above is an extract of the detailed format of Quarterly audited financial results filed with Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the Quarterly Audited Financial Results are available on the Stock Exchange websites, www.nseindia.com and www.bseindia.com, and on the Company's website, www.infosys.com.

  By order of the Board for Infosys Limited
   
Bengaluru, India Salil Parekh
October 23, 2026 Chief Executive Officer and Managing Director

 

Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations, are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.