In fiscal year 2024, the net profit of Infosys Limited amounted to about 3.2 billion U.S. dollars. It was a slight increase in comparison with the previous year. During the presented period, a general increase could be observed with minor fluctuation.

In fiscal year 2024, the global revenue of Infosys Limited amounted to about 18.6 billion U.S. dollars, which was a slight increase in comparison to the 18.2 billion dollars last year. This makes Infosys one of the biggest IT services and consulting companies in India. IT industry in India The Indian IT industry is famous for providing quality IT outsourcing services for major companies in Europe and North America. India has earned the nickname of “global outsourcing hub”. The IT industry has generated 193 billion U.S. dollars in export revenue in fiscal year 2023 for India. The success of the Indian IT industry is due to several reasons, including favorable government policies, a good English-medium educational system, a large population providing abundance of talents, and a fairly open market. Future in outsourcing Ironically, thanks to the COVID-19 pandemic, digital transformation has accelerated since 2020, increasing the demand for IT outsourcing services. A major aspect of the trend is cloud computing. This includes segments like infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). These services enable more convenient and cheaper adaptation for outsourcing services. In 2023, the revenue of public cloud services in India was around 8.3 billion dollars.

In fiscal year 2024, the revenue per employee at Infosys Limited was $58.51K. The revenue per employee increased by $5.45K from $53.06K (in 2023) to $58.51K (in 2024).

In financial year 2024, Infosys generated the most revenue in North America, with the continent contributing over 60 percent to the company's revenue. Infosys is an Indian information technology company. Infosys provides information technology and outsourcing services as well as business consulting to its customers.

Infosys Limited's annual revenue was $18.56B in fiscal year 2024. The annual revenue increased $350.00M from $18.21B (in 2023) to $18.56B (in 2024), representing a 1.92% year-over-year growth.

In financial year 2024, the financial services segment contributed the most revenue with a share of 27.4 percent. It was followed by the retail sector at 14.7 percent. Infosys is an Indian information technology company. Infosys provides information technology and outsourcing services as well as business consulting to its customers.

The net income of Infosys Limited with headquarters in India amounted to 3.17 billion Indian rupees in 2023. The reported fiscal year ends on March 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately 0.56 billion Indian rupees. The trend from 2020 to 2023 shows, furthermore, that this increase happened continuously.

Infosys reported INR16.39 in EPS Earnings Per Share for its fiscal quarter ending in December of 2024. Data for Infosys | INFO - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last March in 2025.

In fiscal year 2021, Infosys' revenue per employee was 55,229 U.S. dollars, up from 54,142 U.S. dollars in fiscal year 2020.

In financial year 2024, the number of people working at Infosys was around 317 thousand. It was the first decrease during the presented period. For more than two decades, the number of employees of Infosys was steadily increasing. Infosys Limited Based in Bangalore, Karnataka, India, Infosys is a multinational IT services and consulting company. Having an annual revenue of 18.6 billion U.S. dollars in fiscal year 2023, Infosys is India’s second largest software companies, trailing only Tata Consultancy Services. A bulk of Infosys’ net sales comes from providing services to clients from the financial services sector; energy and utilities, communication and services are other key business segments. North America is the company’s largest regional market, followed by the Europe; despite its Indian origin, Infosys only made a small amount of its 2024 revenue in the home country. Tata Consultancy Services As Infosys’ biggest rival, Tata Consultancy Services (TCS) has a towering presence in the Indian IT landscape. TCS’ annual revenue amounted to 2.3 trillion Indian rupees in fiscal year 2023, the equivalent of around 27.3 billion U.S. dollars. Like Infosys, TCS also makes the majority of their sales in North America and the home market India makes up only a small part of their overall revenue.

Infosys reported INR101.2B in EBITDA for its fiscal quarter ending in December of 2024. Data for Infosys | INFY - Ebitda including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Infosys reported INR328.52B in Operating Expenses for its fiscal quarter ending in December of 2024. Data for Infosys | INFY - Operating Expenses including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Infosys reported 314.02K in Employees for its fiscal year ending in March of 2022. Data for Infosys | INFO - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last March in 2025.

The earnings per share of Infosys Limited was 52.6 Indian rupees at the end of fiscal year 2022. The EPS was estimated to increase to close to 76 rupees by fiscal year 2025. The IT sector across the south Asian country has achieved success transitioning from pivot to digital business models.

According to Cognitive Market Research, the global business information service market size will be USD 51245.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 20498.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15373.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11786.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2562.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1024.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The BFSI category is the fastest-growing segment of the business information service industry.

Market Dynamics of Business Information Services Market

Key Drivers for Business Information Services Market

Rising Need for Data-Driven Decisions to Boost Market Growth

The business information service market is increasing because the importance of data in the development of plans and effective operation is being recognized by more and more firms, which is driving demand for business information services to stay ahead of the competition in today's market, businesses need rapid and reliable information to see patterns in the market, analyze customer behavior, and improve internal operations. Moreover, to meet this demand, companies are investing in business intelligence solutions, reporting tools, and advanced analytics so that they can make better decisions that boost productivity and profits. Businesses are always searching for new ideas to improve their responsiveness, which is driving market growth. For instance, Infosys, a global leader in next-generation digital services and consulting, and IBM launched a global alliance to help businesses use the IBM public cloud to speed up their digital transformation. By using the IBM public cloud’s security, open innovation, and enterprise features, the partnership will help businesses, even those in highly regulated fields like healthcare, financial services, and insurance, move, update, and change their business workloads and apps.

Technological Advancements to Drive Market Growth

The business information service industry has been expanding at a steady rate, propelled by innovations in technology that improve the capacity to gather, analyze, and report on data. Companies can now swiftly handle massive volumes of data and get useful insights due to advancements in AI, ML, and big data analytics. Additionally, decision-makers find it easier to comprehend data because of the advent of visualization tools and dashboards that are easy to use. With the rise of cloud-based solutions, businesses are able to access analytics and data in real time, which improves collaboration and allows for more informed decision-making. Furthermore, businesses are better able to respond to shifting market conditions as a result of this technical growth, which in turn is leading to the business information service market expanding.

Restraint Factor for the Business Information Service Market

High Initial Investments Will Limit Market Growth

A major obstacle to market growth in the business information service sector is due to high starting costs for technology deployment and infrastructure development. Many businesses, particularly smaller and medium-sized ones, find the high prices of purchasing sophisticated software, hardware, and data analytics tools to be too much to bear. Additionally, a major obstacle in the business information service sector is the shortage of trained workers; many companies have trouble finding people who can properly analyze and understand complicated data. Further straining budgets are continuing expenditures associated with data protection, staff training, and system maintenance. The market's overall growth could be slowed due to the financial load.

Impact of ...

In fiscal year 2022, Infosys' number of active clients stood at 1,872. It was an increase in comparison with the previous year. There were 75 clients with the annual revenue of more than 50 million dollars.

Infosys stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

In 2021, Wipro experienced a year-on-year growth rate of 25.7 percent. Other IT service providers that experienced strong growth that year are TCS and Infosys. Growth in IT services is driven by a move to the cloud, as well as an overall tendency towards outsourcing models as flexibility is favored to stay agile. Further, IT services are necessary for business innovation and to accomplish digital transformation strategies.

Tata Consultancy Services (TCS) achieved annual sales of about 2.25 trillion Indian rupees in its 2023 fiscal year, which is the equivalent of around 27 billion U.S. dollars. The annual revenue of TCS has seen rapid growth in the last eight years: the FY2023 revenue more than doubled that from the FY2013.

Tata Consultancy Services

Based in Mumbai, India, Tata Consultancy Services Limited is an Indian multinational information technology (IT) service and consulting company. In 2020, TCS was the second largest company and the largest software company in India by market capitalization. Clients from the banking, financial service and insurance industry contributed the most to TCS’ continued sales boom. When it comes to regional sales, the Americas is TCS’ largest regional market, followed by Europe.

TCS‘ competitors

Infosys is TCS’ biggest competitor in India. As the second largest Indian software company by market capitalization, Infosys brought in sales revenue of 13.56 billion U.S. dollars in fiscal year 2021. Wipro Limited, another leading Indian IT services company, had an annual revenue of 613.4 billion Indian rupees in its 2020 fiscal year, around 8.4 billion U.S. dollars.

Capgemini, a multinational IT and technology consulting company, has shown consistent revenue growth over the past seven years. In 2023, the company generated an impressive revenue of 22 billion euros, marking a significant increase from around 12 billion euros in 2017. This growth trajectory aligns with the broader trend in the IT services and consulting industry, where major players have experienced substantial revenue increases in recent years. Industry leaders and their performance While Capgemini has demonstrated strong growth, other industry giants have also reported substantial revenues. Accenture, for instance, generated approximately 33 billion U.S. dollars from its consulting services in 2024, showcasing the robust demand for IT and consulting services globally. Similarly, Cognizant reported revenue of 19 billion U.S. dollars in 2023, albeit with a slight decrease from the previous year. Indian IT powerhouses like Infosys and Wipro have also shown impressive figures, with Infosys reporting 18.6 billion U.S. dollars in revenue for fiscal year 2024, and Wipro generating over 898 billion Indian rupees in the same period. Future outlook and industry trends The IT services and consulting industry is poised for continued growth, driven by the accelerating digital transformation across sectors. Cloud computing, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS), is emerging as a major trend in the outsourcing landscape. India, often referred to as the "global outsourcing hub," has seen its IT industry generate 194 billion U.S. dollars in export revenue of the IT sector in fiscal year 2023. As companies worldwide seek to leverage technology for competitive advantage, the demand for IT consulting and outsourcing services is expected to remain strong in the coming years.