Infosys Q1 Results: Near Term Outlook Looks Good Amid Uncertain Business Environment; Profit Meets Estimates

In terms of the 12-month voluntary attrition rate reported by the big four IT giants, HCL Technologies is the only firm which reported a flat attrition rate in the June quarter of FY26, compared to the preceding March quarter of FY25. The remaining three companies reported a rise in their attrition rates.

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• Clients continue to reduce discretionary spending.

• Focus remains on vendor consolidation and cost optimisation.

• Company signed five deals in manufacturing and four in financial services.

• Large and consolidation-led deals have supported growth.

• No change expected in the environment for second quarter.

Source: Con Call

• Company signed nine deals in the communications segment.

• Retail segment continues to face uncertainty.

Source: Con Call

• Near-term outlook remains good.

• Overall business environment continues to be uncertain.

• Europe grew 12.3% year-on-year, over three times the company average.

Source: Con Call

• Company sees continued uncertainty due to tariff-related concerns.

• Upper end of revenue guidance remains unchanged as a result.

Source: Presser