As Indian IT stocks face investor scepticism in the AI era, the country’s second-largest IT services and consulting company Infosys laid out the road map and the realities of the AI adoption at its AI investor held at Bengaluru.  

Company deriving AI-led value across multiple areas: Parekh

Salil Parekh, MD and CEO of Infosys, said the company is currently deriving AI-led value across multiple areas, including the use of agentic AI for legacy system modernisation, preparing enterprise data for AI models, and generating deeper business insights. He added that Infosys is also deploying AI agents to reimagine core business processes while traction is growing in physical AI, particularly in product design and embedding AI capabilities into physical devices.

“This is a large opportunity set and this is where we see a lot of growth coming here,” he said adding, “This is what we are executing and this for us today represents 5.5% of our revenue in Q3 and it's growing at a robust pace. And, this is something which is extremely dynamic. It is something that is working extremely well with us."  

Infosys posted a revenue of $5 billion in Q3FY26

In Q3 of FY26, Infosys posted a revenue of $5 billion, 0.6% sequential and 1.7% year-on-year CC growth and revised its annual revenue guidance for fiscal 26 from the earlier 2%- 3%, to 3%- 3.5% for the year.

Infosys attributed the upward revision on the back of the large deals over the past quarters and the overall momentum visibility in sectors such as financial services, energy, utilities, and the anticipation of the other verticals waiting for an uptick.   

On the current landscape of AI enterprise adoption, while unlike the social world where the foundational models are accessing data, Salil Parekh pointed out the large enterprises are protecting its data and broadly with the AI Foundation models, every large enterprise is building their own data.

While today challenges around fragmented data, legacy systems and talent scarcity exists, "We have a clear view that the opportunity is massive and large and that that will become the driving force or what we will grow and drive through in the next coming years. In putting all this together, we have created our own Playbook,” he said on the AI first strategy.

With a focus on reskilling workforce aligning with the AI needs and building new talent pipelines, he added, "We have recruited 20000 college graduates this year and through March that will be the number. And next financial year, we also have a plan to recruit 20,000 college graduates."