Infosys board to meet on THIS date to declare Q2 results of FY26; shares decline 4%

“This is to inform you that a meeting of the board of directors of the company will be held on Wednesday and Thursday, October 15 and 16, 2025,” Infosys said in a regulatory filing. “The financial results will be presented to the Board of Directors on October 16, 2025 for their approval.”

Additionally, the IT major also said that its board can “consider declaration of interim dividend, if any.” This potential interim dividend would follow the ₹22 per share final dividend that has already been extended to investors.

Shares of Infosys traded 2.60% lower at ₹1,500.60 apiece on the National Stock Exchange (NSE) at 11:41 AM. The shares declined as much as 3.77% to touch an intraday low of ₹1,482 per share on NSE.

Shares of Infosys, along with other IT services companies, saw a sharp decline on Monday, as during the weekend, US President Donald Trump signed a proclamation to raise the fee for H-1B visas to a staggering $100,000 (₹88,00,000) annually. This could adversely affect Indian professionals in the US.

Over the last five trading sessions, Infosys shares declined 0.46%. The scrip, however, rose 0.84% in the last month. The shares declined 5.82% in the period of six months and the year-to-date drop stands at 20.32%.

The stock touched its 52 week high of ₹2,006.45 on December 13, 2024 and its 52 week low of ₹1,307.00 on April 7, 2025. The company’s market capitalisation stands at ₹6,23,283.46 crore as recorded on September 22.

Earlier this month, the IT-major’s board of directors approved its largest-ever share buyback programme valued at ₹18,000 crore on September 11. Infosys said that it will buy 10 crore fully paid-up shares of a face value of ₹5 each, which is 2.41% of the total paid-up equity share capital, at ₹1,800 per equity share, a premium of 19.22% from September 11 closing price of ₹1,509.7 apiece on NSE.

Market experts had said that the big buyback offer by Infosys signals strong confidence in long-term growth prospects and shareholder value creation. The massive buyback offer is expected to create a positive outlook for other IT stocks as well.

Infosys Q1 results

Infosys reported a consolidated net profit of ₹6,921 crore for the first quarter of current financial year (Q1 FY26), marking a year-on-year (YoY) increase of 9% from ₹6,368 crore logged in the same period last year. On a sequential basis, Infosys' net profit declined 1.59% from ₹7,033 crore.

The Bengaluru-based company has raised its revenue growth guidance for the current financial year to 1%-3% from the earlier guidance of 0%-3% and maintained its operating margin guidance of 20%-22%.

The company's revenue in April-June period rose 7.5% YoY to ₹42,279 crore from ₹39,315 crore seen in the year-ago period. Its revenue in constant currency (CC) terms came in at $4,941 million in Q1, up 3.8% annually and 2.6% sequentially.