Infosys Q4 Results 2026: Time, dividend, key focus

What investors are watching on results day

Infosys, India’s second-largest IT services company, is set to announce its Q4 FY26 (January to March) results on Thursday, April 23. The update matters not only for the quarter’s numbers but also for management commentary on demand and the next financial year’s outlook. In the run-up to the announcement, Infosys shares traded lower as investors waited for clarity on growth and margins. The board meeting on the same day also keeps dividend expectations in focus.

Results announcement time and board agenda

Infosys has said it will announce results for the quarter and year ended March 31, 2026 at around 3:45 pm IST on April 23. The Board of Directors will consider and approve the standalone and consolidated financial results. The board will also recommend a final dividend, if any, for the financial year ended March 31. For investors tracking payout visibility, the dividend recommendation is part of the same event flow as the earnings release.

Share price action ahead of the Q4 print

Ahead of the earnings announcement, Infosys stock was seen trading in the ₹1,240-₹1,260 range across updates. At one point it traded at ₹1,257.50 on the NSE, down 0.87%. Another update showed the stock down 1.13% at ₹1,254.30-₹1,255.80, with market capitalisation reported at ₹5,08,980.73 crore. On the day, a “Share Price Check” update said the stock settled 2.21% lower at ₹1,240.60 on the NSE ahead of Q4 results. The day’s intraday data also cited a low of ₹1,245.9 and a high of ₹1,265.7, with a previous close of ₹1,268.60.

Key schedules: press conference and earnings call

Infosys has scheduled additional interactions after the results. The leadership team will participate in a press conference at 4:30 pm IST on April 23, streamed on the Investor Relations section of the Infosys website, with an archive expected after 6:30 pm IST. The company will also conduct a 60-minute conference call with investors and analysts at 5:30 pm IST. Infosys noted that early registration is encouraged, and referenced the DiamondPass link as an option to join without operator wait times.

What brokerages are focusing on: guidance, pipeline, AI

The key trigger highlighted in previews is FY27 guidance, with several brokerages projecting constant currency revenue growth of 2% to 5% and margins in the 20% to 22% range. ICICI Securities indicated a 3% to 5% growth expectation, while Jefferies and Nuvama were cited in the 2% to 5% band. Market participants are also tracking deal pipeline strength, conversion, and the company’s AI strategy, including how GenAI affects productivity and pricing. Project Maximus was repeatedly cited as a factor investors want updates on. There was also mention of global macro uncertainty delaying discretionary spending.

Preview numbers in focus (QoQ estimates)

Previews cited a seasonally soft March quarter, with fewer working days and furloughs affecting sequential trends. One set of consolidated QoQ estimates pointed to USD revenue of $1,989 million versus $1,099 million (down 2.2% QoQ). In rupee terms, revenue was seen at ₹46,135 crore versus ₹45,479 crore (up 1.4% QoQ). EBIT was seen at ₹9,793 crore versus ₹9,644 crore (up 1.6% QoQ), and profit after tax (PAT) at ₹7,518 crore versus ₹6,654 crore (up 13% QoQ). A separate “Bloomberg estimates” line-up also referenced revenue at ₹46,135 crore versus ₹45,479 crore and profit seen 13% higher.

Q4 operating profitability update cited in live coverage

A live update also stated that operating profit during Q4 FY26 fell to ₹8,355 crore, down 6% year-on-year and 10.7% sequentially. The same update said operating margin narrowed to 18.4%, compared with 21.3% in the December quarter last year and 21% in the September quarter. This specific data point, if confirmed in the final financials, would be a key swing factor against broader expectations of margin stability. Investors typically reconcile such margin movements with commentary on wage costs, visa expenses, utilisation, and currency impact.

Q3 FY26 baseline: growth in revenue, dip in profit

Infosys’ Q3 FY26 numbers were also cited as context. Consolidated revenue rose 8.9% year-on-year to ₹45,479 crore in Q3 FY26 from ₹41,764 crore in Q3 FY25. Net profit (after non-controlling interests) fell 2.2% year-on-year to ₹6,654 crore in Q3 FY26 from ₹6,806 crore in Q3 FY25. These figures set a mixed base for FY26, with revenue growth holding up while profit growth remained under pressure.

FY26 guidance and items flagged by analysts

The coverage cited FY26 guidance of 3% to 3.5% revenue growth in constant currency and 20% to 22% operating margin. It also highlighted factors such as seasonal weakness, currency tailwinds supporting rupee revenue, and offsets from bonus payouts and visa costs. Another expectation cited a labour code impact on profitability of ₹1,289 crore. Deal wins were expected to be stable year-on-year, with total contract value (TCV) cited in a $1.5 billion to $1.75 billion range.

Key data points at a glance

Why the FY27 outlook could matter more than Q4 alone

For Infosys, the market reaction often hinges on what management says about client budgets, discretionary spending, and conversion of large deals. Previews repeatedly flagged that global macro uncertainty can delay discretionary spends, which in turn affects near-term growth for IT services exporters. The combination of growth guidance, margin range, and commentary on GenAI-led productivity and pricing will shape how investors interpret the quarter. With a final dividend also on the board’s agenda, the payout signal adds another layer to near-term sentiment.

Conclusion

Infosys is set to release Q4 FY26 results around 3:45 pm IST on April 23, alongside a board recommendation on the final dividend for FY26. With shares trading lower ahead of the announcement, investors are focusing on guidance, margins, and deal momentum as much as on the headline quarterly numbers. The press conference at 4:30 pm IST and the 5:30 pm IST earnings call are the next scheduled events where management’s commentary is expected to add detail to the financial release.