Operating profit improved by 6.2% to Rs 9,353 crore in Q2 FY25 from Rs 8,803 crore in Q1 FY25. Operating profit margin was 21.0% in Q2 FY25 as against 20.8% in Q1 FY25.
As compared with Q2 FY25, the company's net profit and revenues have grown by 13.2% and 8.6%, respectively.
In dollar terms, the company reported revenues of $5,076 million (up 2.7% QoQ and up 3.7% YoY) for the quarter ended 30 September 2025.
In constant currency terms, the company's revenue has grown by 2.2% QoQ and by 2.9% YoY.
Large deal TCV for the quarter was robust at $3.1 billion, with net new of 67%.
The company has guided for 2%-3% revenue growth in constant currency terms. With respect to operating margin, the company has guided for a growth of 20%-22%.
Free cash flow (FCF) as on 30 September 2025 was Rs 9,677 crore, a growth of 38.0% YoY. FCF conversion was at 131.2% of net profit.
The company's board has approved an interim dividend of Rs 23 per share, fixed 27 October 2025 as the record date and 07 November 2025 as the payout date.
The company had 1,896 active clients as of 30 September 2025 as compared with 1,861 active clients as of 30 June 2025.
Total headcount as on 30 September 2025 was 331,991, up 2.5% YoY. Last twelve months IT services attrition rate stood at 14.3% as on 30 September 2025 as against 14.4% as at 30 June 2025.
Salil Parekh, CEO and MD, said: 'We have now delivered two consecutive quarters of strong growth, demonstrating our unique market positioning and client relevance.
Strong deal wins, with 67% net new in Q2, reflect our deep understanding of clients' priorities to deliver value from AI in this environment.
Our proactive investments, over the last three years, in embracing an AI-first culture within Infosys has ensured that our people are reskilled to thrive in a human+AI workplace. Infosys Topaz's differentiated value proposition is unlocking value at scale in every transformation program.'
Jayesh Sanghrajka, CFO, said: 'We had robust all-round performance in Q2 - strong growth, resilient margins, very high cash generation and 13.1% EPS growth year on year in rupee terms. We continue to make strategic investments to futureproof the business with a tight focus on execution, amidst high uncertainty.'
Infosys is a global leader in next-generation digital services and consulting.
The scrip shed 0.08% to end at Rs 1472.75 on the BSE today.
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