Infosys (INFY) AGM 2025 summary

Opening remarks and agenda

• The 44th AGM was convened via video conference, with quorum confirmed and board members introduced from various global locations.

• Members were informed about participation, document access, and voting procedures, with e-voting enabled for all resolutions.

• Emphasis on leading in AI and cloud, with CEO Salil Parekh addressing the meeting.

Financial performance review

• Revenue grew 4.2% in constant currency to $19.2 billion (INR 162,990 crore), with operating margin at 21.1%.

• Free cash flow reached $4.1 billion, a 41.8% increase, and large deal TCV was $11.6 billion.

• Net profit increased to INR 31,747 crore, and basic EPS rose to 64.50.

• Maintained a strong, debt-free, and highly liquid balance sheet with total equity of INR 96,203 crore.

• Dividend for FY25 is INR 43 per share, with a policy to return 85% of free cash flow over five years.

Board and executive committee updates

• CEO Salil Parekh's reappointment until March 2027 was recommended, with no retirements or resignations among directors or key management.