Infosys Ltd on Wednesday reported an 8.7% year-on-year increase in net profit for the June quarter while also narrowing its full-year revenue guidance following better-than-expected earnings growth. The IT major posted a consolidated net profit of Rs 6921 crore for the April–June quarter of FY2025-26 up from Rs 6368 crore in the corresponding period last year the company said in a statement. Infosys Q1 Results The IT services company narrowed its annual revenue growth forecast to 1 per cent to 3 per cent band from a prior 0-3 per cent range. Revenue from operations at Rs 42279 crore was 7.53 per cent higher year-on-year and 3.3 per cent quarter-on-quarter on the back of strong performance in AI and deal wins. Net profit however fell 1.5 per cent sequentially when compared with the January-March quarter. Our performance in Q1 demonstrates the strength of our enterprise AI capabilities the success in client consolidation decisions and the dedication of our over 300000 employees. Our large deal wins of USD 3.8 billion reflect our distinct competitive positioning and deep client relationships Infosys CEO and MD Salil Parekh said. Infosys CEO Salil Parekh On Q1 Results Briefing media at the Q1 earnings call Parekh noted that the start to financial year had been strong. The main drivers of our growth were a leadership in enterprise AI and a continued success in clients selecting us for consolidations. We are seeing good demand for AI agents he said. Geographically North America accounted for 56.5 per cent of quarterly revenue down from 58.9 per cent in the corresponding period of the previous fiscal. Europe increased its share to 31.5 per cent up from 28.4 per cent in the Q1 FY25. Infosys CFO Jayesh Sanghrajka said that Europe has been strong footing for the company for past many quarters. Thats on the back of the investment that we made a few years back in Europe. We had identified Europe as a geography to invest into and all of that is working well across sectors....but still US remains the largest geography for us Sanghrajka said. The Large Deal TCV (or total contract value) stood at USD 3.8 billion.