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The company’s total expenses rose slightly to Rs 33,581 crore in Q1, compared to Rs 32,452 crore in the previous quarter. Infosys’ gross profit also improved to Rs 13,055 crore, from Rs 12,138 crore in the year-ago quarter. Infosys revised its full-year FY26 revenue growth guidance to 1-3 per cent in constant currency, raising the lower end of the forecast.
Ravi Agarwal said the AI tools also helped reveal ₹29,000 crore worth of previously undisclosed foreign assets and ₹1,000 crore of foreign income related to cryptocurrencies or VDAs
India's green energy and tech ambitions face hurdles due to its reliance on China for rare earth elements (REEs), crucial for EVs, electronics, and clean energy. Despite holding significant reserves, India's REE production is minimal co ...more
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