New Delhi, Jan. 14 -- Infosys, one of India's largest IT services firms, posted steady revenue growth in the December quarter, supported by strong demand for AI, and cloud transformation services. The company's AI platforms, including Infosys Topaz and its new Topaz Fabric suite, helped clients automate workflows, optimize IT infrastructure, and scale digital operations. Agentic AI solutions were deployed across finance, HR, IT, and customer engagement functions, reflecting rising enterprise adoption of AI-first business models.
The company reported revenue of $5.1 billion, up 1.7% year-on-year and 0.6% sequentially in constant currency. Adjusted operating margin increased to 21.2%, while adjusted free cash flow reached $965 million. Large deal wins totaled $4.8 billion, more than half of which was net new business, highlighting strong traction in multiyear transformation contracts.
Enterprise AI led via Infosys Topaz, which deploys agentic services. The new Topaz Fabric unifies infrastructure, AI models, data, apps, and workflows into a composable setup for autonomous agents. Nu Skin uses it for agent assist in IT ops, improving automation, resilience, and user experience.
Cloud played a big role. Oracle Fusion Cloud HCM went live at Telenor for unified HR data and streamlined processes. Metro Bank adopted Workday for finance self-service. Fresenius' ELEVATE initiative standardizes global operations on SAP S/4HANA for data-driven choices. NHS got a workforce platform replacing ESR with modern data tools.
Infosys pushed an AI-first global capability centers model. Lufthansa Systems' GCC applies it to aviation safety analytics, ops efficiency, and customer experience.
"Infosys delivered a strong Q3 performance, demonstrating how our differentiated value propositions in enterprise AI, through Infosys Topaz, are consistently driving higher market share. Clients increasingly view Infosys as their AI partner with demonstrated expertise, innovation capabilities and strong delivery credentials. This has helped them unlock business potential and enhanced value realization", said Salil Parekh, CEO and MD
Biswajit Maity, Sr Principal Analyst at Gartner, said, "Infosys reported Q3 revenue growth of 1.7% year-on-year and 0.6% sequentially in constant currency, demonstrating decent growth despite ongoing macroeconomic challenges. With IT spending in India projected to grow by 10.6% in 2026 to $176.3 billion, and increasing emphasis on digital transformation and AI adoption among IT buyers, the outlook for Infosys and the broader IT services market remains promising."
Published by HT Digital Content Services with permission from TechCircle.