Net profit came in at ₹1,387 crore, up 44.6% QoQ and marginally above the poll estimate of ₹1,375 crore, aided by a low base in the previous quarter.
Operating performance was mixed, with EBIT at ₹1,709.4 crore, slightly above estimates of ₹1,697 crore, though margins contracted to 15.1%, below the expected 15.2% and down from 16.1% in the previous quarter.
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Management said the company continues to see strong deal momentum and a healthy pipeline, positioning it well for sustained growth. CEO & MD Venu Lambu noted that the company has “accelerated its strategic shift to an AI-centric organisation,” supported by its BlueVerse platform and large-scale talent transformation.
He added that the company “unlocked new levels of efficiencies through its Fit4Future programme” and continues to win large deals, with a clear focus on building a differentiated “Business Creativity” positioning.
For the full financial year, the company reported revenue of ₹42,307.6 crore, marking a healthy increase from the previous year, while net profit stood at ₹4,982.7 crore.
The board also recommended a final dividend of ₹53 per share, subject to shareholder approval at the upcoming annual general meeting.
Management had earlier indicated that wage hikes would be spread across the March and June quarters, with an estimated 100 basis points impact in each quarter, partly offset by operational efficiencies.
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The company continues to target improved margins over FY26, supported by its “Fit for Future” programme, though analysts believe the journey toward the 17–18% margin band may take time.
On the demand front, the BFSI vertical is expected to stabilise after recent headwinds, while segments such as hi-tech and healthcare are likely to drive growth. Order inflows are expected to remain steady, with large deal ramp-ups, including government-led projects, being closely tracked by investors.
The Street will also watch commentary on the sustainability of the company’s growth trajectory, especially amid some near-term uncertainty due to billing deferments in the Middle East and global macro headwinds.
Shares of the company closed nearly 2% lower ahead of the Q4 earnings result announcement on Thursday, at ₹4,514.40. The stock has gained almost 10% over the last month.
