Infosys share price: Shares of Infosys are expected to be in the spotlight on Wednesday, June 24, following its 45th annual general meeting (AGM), which was held on June 23.
Addressing shareholders at the AGM, Nandan Nilekani, Infosys’ co-founder and Chairman, said that the company is keen to tap into a massive $400 billion artificial intelligence (AI) first service opportunity by 2030. Furthermore, he asserted that AI will not replace IT firms but rather “amplify” them.
Nilekani tackled what he termed the “existential question” facing the IT industry amid rapid technological disruption.
“More than three years after GenAI was launched, Infosys is more relevant than ever before and well-positioned for the decade ahead. While we embrace the best coding tools and improve our productivity, there is much more to do in the software development life cycle,” he said.
Nilekani noted that the AI deployment gap in large enterprise clients is real, and closing that gap is where the work is. AI will not replace companies like Infosys, he stated, adding that it will amplify those who “move with purpose and adapt with speed”.
He explained that enterprise solutions demand rigorous testing, resilient architecture, foundational cybersecurity, and strict data governance that cannot be outsourced to external platforms.
The AI revolution has made legacy modernisation urgent, positioning Infosys to capitalise on this structural shift in technology.
“The defining opportunity lies in integrating intelligent AI systems with mission-critical enterprise platforms. The greatest value will come from combining the world of models and agents with traditional transaction systems that continue to underpin enterprise operations. That convergence is where the next wave of opportunities will emerge.
“Our clients trust Infosys to bring hard-earned learning to help them navigate the complexities of enterprise AI. Infosys is fully prepared to deliver on that trust and help our clients navigate the next,” he said, adding that Infosys is already collaborating with 90% of our top 200 clients on their AI journeys.
Infosys expands partnerships with GlobalFoundries
According to a regulatory filing dated June 23, Infosys announced the expansion of its multi-year collaboration with GlobalFoundries (GF), a leading semiconductor manufacturer, to deliver AI-led managed services across GF’s enterprise IT landscape.
Through this collaboration, Infosys will manage GF’s end-to-end application, infrastructure, data, and service desk operations.
“GF selected Infosys based on its proven track record as an incumbent technology provider and its deep semiconductor domain expertise,” the filing read, adding that the engagement is designed to elevate GF’s IT operations by transitioning from externally supported operations to a true managed services model driven by AI, automation, and continuous optimisation.
Infosys Q1 results schedule
In a separate regulatory filing dated June 15, the IT and consulting company said it will announce its earnings for the first quarter of the 2026-27 financial year (Q1 FY27) on July 23.
In an exchange filing, the company said a meeting of the Board of Directors will be held on Wednesday and Thursday, July 22 and 23, to approve and take on record the audited consolidated and standalone financial results for the quarter ending June 30, 2026.
Infosys Q4 results
The company reported a net profit of ₹8,501 crore in the January-March quarter of the 2025-26 financial year (Q4 FY26), marking an increase of 21% year-on-year (YoY) from ₹7,033 crore in the same period of the preceding year. On a sequential basis, the company’s profit jumped 28% from ₹6,654 crore in the previous quarter.
Its revenue from operations advanced 13% YoY to ₹46,402 crore during the quarter under review, compared with ₹40,925 crore in Q4 FY25. In constant currency terms, Infosys’ revenue grew 4.1% year on year (YoY) and 1.3% quarter on quarter (QoQ).
Infosys has a total market capitalisation of ₹4.17 lakh crore as of June 23, 2026, according to data on the NSE.