Infosys Financial Statements

Name: Infosys Financials — historical data
Creator: StockeZee

For Mar 2026, Infosys reported revenue of ₹1,78,650 crore and net profit of ₹29,440 crore. Return on equity stands at 31.90%. Profit & loss, balance sheet and cash flow across 9 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 50 constituent

Latest year revenue: ₹1,78,650 Cr
EBITDA: ₹42,280 Cr
Operating margin: 23.67%
Profit after tax: ₹29,440 Cr
Net margin: 16.48%
EPS: ₹72.59
Latest year: Mar 2026
Years reported: 9

Infosys profit & loss

Reported annual performance for Infosys, oldest to newest. Figures in ₹ crore unless a row states otherwise.

Infosys annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Sept 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue from Operations	82,675	44,432	90,791	1,00,472	1,21,641	1,46,767	1,53,670	1,62,990	1,78,650
Sales Growth YoY %	—	—	9.82%	10.66%	21.07%	20.66%	4.7%	6.06%	9.61%
Other Income	2,882	1,362	2,803	2,201	2,295	2,701	4,711	3,600	4,322
Total Income	85,557	45,794	93,594	1,02,673	1,23,936	1,49,468	1,58,381	1,66,590	1,82,972
Gross Profit	82,675	44,432	90,791	1,00,472	1,21,641	1,46,767	1,53,670	1,62,990	1,78,650
Gross Margin %	100%	100%	100%	100%	100%	100%	100%	100%	100%
Total Operating Expenses	62,505	33,641	68,524	72,583	90,150	1,11,637	1,17,245	1,23,754	1,36,370
Employee Benefit Expense	45,315	24,977	50,887	55,541	63,986	78,359	82,620	85,950	95,094
Other Expenses	17,190	8,664	17,637	17,042	26,164	33,278	34,625	37,804	41,276
EBITDA	20,170	10,791	22,267	27,889	31,491	35,130	36,425	39,236	42,280
OPM %	24.4%	24.29%	24.53%	27.76%	25.89%	23.94%	23.7%	24.07%	23.67%
Total Non-Operating Expenses	2,011	1,490	3,063	3,462	3,676	4,509	5,148	5,228	4,029
Depreciation & Amortisation	2,011	1,408	2,893	3,267	3,476	4,225	4,678	4,812	4,902
Finance Costs	0	82	170	195	200	284	470	416	416
Exceptional Items (Before Tax)	0	0	0	0	0	0	0	0	-1,289
Profit Before Tax (PBT)	21,041	10,663	22,007	26,628	30,110	33,322	35,988	37,608	39,995
Tax Expense	5,631	2,824	5,368	7,205	7,964	9,214	9,740	10,858	10,521
Current Tax	5,727	2,947	5,775	6,672	7,811	9,287	8,390	12,130	11,767
Deferred Tax	-96	-123	-407	533	153	-73	1,350	-1,272	-1,246
Effective Tax %	26.76%	26.48%	24.39%	27.06%	26.45%	27.65%	27.06%	28.87%	26.31%
Total Profit for Period	15,410	7,839	16,639	19,423	22,146	24,108	26,248	26,750	29,474
Less: Non-controlling Interests	6	22	45	72	36	13	15	37	34
Net Profit (Owner's PAT)	15,404	7,817	16,594	19,351	22,110	24,095	26,233	26,713	29,440
Net Profit Margin %	18.63%	17.59%	18.28%	19.26%	18.18%	16.42%	17.07%	16.39%	16.48%
PAT Growth YoY %	—	—	7.73%	16.61%	14.26%	8.98%	8.87%	1.83%	10.21%
Earnings Per Share (EPS)	₹35.32	₹18.36	₹38.96	₹45.42	₹52.56	₹58.08	₹63.2	₹64.32	₹72.59
Diluted Shares Outstanding (Cr.)	436	426	426	426	421	415	415	415	406
Other Comprehensive Income (Net of Tax)	134	-33	151	306	182	514	520	459	3,337
Expenses	64,516	35,131	71,587	76,045	93,826	1,16,146	1,22,393	1,28,982	1,42,977
Material Cost %	0%	0%	0%	0%	0%	0%	0%	0%	0%
Employee Cost %	54.81%	56.21%	56.05%	55.28%	52.6%	53.39%	53.76%	52.73%	53.23%
Other Cost %	20.79%	19.5%	19.43%	16.96%	21.51%	22.67%	22.53%	23.19%	23.1%
Interest Coverage (x)	—	114.43	113.96	126.27	140.08	108.82	67.55	82.75	89.85

Infosys revenue and profit trend

Reported annual revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.

Infosys balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

Infosys annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Equity	60,881	65,844	76,782	75,736	75,795	88,461	96,203	93,297
Equity Share Capital	2,121	2,122	2,124	2,098	2,069	2,071	2,073	2,024
Reserves & Surplus	58,400	63,328	74,227	73,252	73,338	86,045	93,745	90,828
Total Equity	60,881	65,844	76,782	75,736	75,795	88,461	96,203	93,297
Non-Current Liabilities	5,119	6,068	7,739	8,546	10,835	10,559	9,850	10,348
Deferred Tax Liabilities	707	968	875	1,156	1,220	1,794	1,722	1,679
Other Non-Current Liabilities	103	279	763	451	500	235	215	561
Non-Current Financial Liabilities	4,309	4,821	6,101	6,939	9,115	8,530	7,913	8,108
Current Liabilities	19,211	20,856	23,865	33,603	39,186	38,794	42,850	52,322
Trade Payables	2,134	2,852	2,645	4,134	3,865	3,956	4,164	4,744
Current Financial Liabilities	12,686	13,952	14,773	20,843	23,665	22,874	24,757	29,387
Other Current Financial Liabilities	10,552	11,100	12,128	16,709	19,800	18,918	20,593	24,643
Other Current Liabilities	4,389	4,842	6,233	9,178	10,830	10,539	11,765	15,779
Current Provisions	608	572	713	975	1,307	1,796	1,475	1,512
Current Tax Liabilities	1,528	1,490	2,146	2,607	3,384	3,585	4,853	5,644
Total Liabilities	24,330	26,924	31,604	42,149	50,021	49,353	52,700	62,670
Total Non-Current Assets	36,362	38,192	47,653	50,700	54,935	48,382	51,804	52,478
Property, Plant & Equipment (PPE)	11,825	12,435	17,354	17,898	20,228	18,922	18,089	18,828
Capital Work-in-Progress	1,059	954	922	416	288	293	814	526
Intangible Assets	1,356	1,900	2,072	1,707	1,749	1,397	2,766	2,825
Non-Current Investments	3,943	4,137	11,863	13,651	12,569	—	11,059	8,930
Loans – Non-Current	16	21	32	34	39	34	16	6
Other Non-Current Assets	12,041	10,978	7,092	8,127	8,771	5,166	4,335	3,540
Non-Current Financial Assets	4,638	4,895	13,036	15,145	15,406	14,847	14,586	12,378
Net Fixed Assets	14,240	15,289	20,348	20,021	22,265	20,612	21,669	22,179
Total Current Assets	48,849	54,576	60,733	67,185	70,881	89,432	97,099	1,03,489
Trade Receivables	16,055	18,487	19,294	22,698	25,424	30,193	31,158	35,234
Cash & Cash Equivalents	16,473	18,649	24,714	17,472	12,173	14,786	24,455	22,201
Current Investments	3,518	4,655	2,342	6,673	6,909	12,915	12,482	12,950
Loans – Current	240	239	159	248	289	248	249	234
Current Financial Assets	42,103	47,487	52,919	55,818	56,399	70,227	82,184	86,509
Other Current Assets	6,712	7,082	7,814	11,313	14,476	12,808	11,940	15,145
Other Current Financial Assets	5,817	5,457	6,410	8,727	11,604	12,085	13,840	15,890
Current Tax Assets	34	7	—	54	6	6,397	2,975	1,835
Net Working Capital	29,638	33,720	36,868	33,582	31,695	50,638	54,249	51,167
Additional Asset Fields	1,723	2,138	1,529	1,598	1,633	799	1,493	2,709
Def Tax Assets	1,363	1,744	1,098	1,212	1,245	454	1,108	2,264
Non Controlling Int	360	394	431	386	388	345	385	445
Total Assets	85,211	92,768	1,08,386	1,17,885	1,25,816	1,37,814	1,48,903	1,55,967
Current Ratio (x)	2.54	2.62	2.54	2	1.81	2.31	2.27	1.98

Infosys cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

Infosys annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	23,885	22,467	25,210	35,694	33,986
Profit Before Tax	30,110	33,322	35,988	37,608	39,995
Depreciation & Amortisation	3,476	4,225	4,678	4,812	4,902
Finance Costs	200	284	470	416	416
Working Capital Changes	-1,424	-6,344	-5,082	-295	-2,639
Tax Paid	-7,612	-8,794	-9,231	-5,602	-8,648
Net Cash from Investing Activities	-6,416	-1,209	-5,009	-1,946	1,946
Purchase of PPE	-2,161	-2,579	-2,201	-2,237	-2,727
Sale of Fixed Assets	0	0	0	0	0
Interest Received	1,898	1,525	1,768	2,040	2,713
Net Cash from Financing Activities	-24,642	-26,695	-17,504	-24,161	-39,786
Proceeds from Borrowings	0	0	0	0	0
Repayment of Borrowings	0	0	0	-985	0
Interest Paid	0	0	0	0	0
Dividend Paid	-12,731	-13,653	-14,731	-20,287	-18,653
Buyback / Redemption of Shares	-11,125	-11,499	0	0	0
Lease Liabilities Paid	-915	-1,231	-2,024	-2,355	0
Net Change in Cash	-7,242	-5,299	2,613	9,669	-2,254
Effect of Foreign Exchange Changes	-69	138	-84	82	1,600
Free Cash Flow	21,724	19,888	23,009	33,457	31,259
CFO / PBT (x)	0.79	0.67	0.7	0.95	0.85

Infosys key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

Infosys trades at a P/E of 15.57× against a sector median of 19.75× — a 21% discount. Sector comparisons can mislead for conglomerates with mixed business lines.

Infosys valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	15.57
Forward P/E	Valuation	12.61
P/B	Valuation	5.05
PEG (TTM)	Valuation	2.05
EV / EBITDA (TTM)	Valuation	10.07
P/S (TTM)	Valuation	2.77
Operating margin	Profitability	23.7%
Net margin (TTM)	Profitability	16.44%
Return on equity	Return ratios	31.9%
Return on capital employed	Return ratios	40%
Return on assets	Return ratios	15.09%
Debt to equity	Leverage & liquidity	0.1
Beta	Leverage & liquidity	0.84
EPS (TTM)	Per share	₹77.54
Book value	Per share	₹227.06
Revenue / share (TTM)	Per share	₹4.98
Cash flow / share	Per share	₹1
Dividend yield	Shareholder returns	4.33%
Dividend payout (TTM)	Shareholder returns	94.35%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

Infosys: frequently asked questions

What is Infosys's annual revenue?

Infosys reported revenue of ₹1,78,650 crore in Mar 2026, up 9.6% on the previous financial year.

Is Infosys profitable?

Infosys reported a net profit of ₹29,440 crore in Mar 2026, up 10.2% on the previous financial year.

What is Infosys's EPS?

Infosys reported earnings per share of ₹72.59 for Mar 2026.

What is Infosys's operating margin?

Infosys's operating margin for Mar 2026 was 23.67%.

What is Infosys's return on equity?

Infosys's return on equity stands at 31.90%. ROE measures profit generated per rupee of shareholder equity.

How many years of Infosys financials are shown?

9 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

More Infosys data

Compare financial statements with peers

Explore

Comparing financial statements across companies is more useful than reading one in isolation — the peer links above open the same view for Infosys’s closest listed competitors.

Disclaimer

The data, ratios and commentary about Infosys Ltd (INFY) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.