About Salil Parekh
Salil Parekh stated that Infosys delivered a strong performance in financial year 2026, with 3.1% growth in constant currency terms and $14.9 billion in large deals. He described artificial intelligence as a "huge shift" in what clients are looking for and said the company sees a $300–400 billion addressable market across six areas including engineering, legacy modernization, and data. Parekh noted that Infosys has partnered with foundation model companies such as Anthropic and OpenAI and built a platform called Topaz Fabric. He said the company recruited 20,000 college graduates in the last financial year and plans to hire another 20,000 in the current year, adding that he does not see layoffs ahead.
Parekh said Infosys issued a revenue growth guidance of 1.5% to 3.5% for financial year 2027, with an operating margin guidance of 20% to 22%. He stated that the company sees acceleration in financial services and energy, utilities, and resources verticals. On the Anthropic Mythos model, Parekh said it is "exposing more vulnerabilities than one thought possible previously" but suggested this could open opportunities for Infosys to help clients address those vulnerabilities. He said the company has not yet made a decision on wage hikes.
Source: AI-verified profile updated from Salil Parekh's recent appearances.
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✨ AI-enhanced transcript with speaker attribution
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Salil Parekh0:04
Each of our clients are facing a digital disruption that their sector is involved in, that the business is involved in, and many of them are driving that. This creates a tremendous opportunity for us to partake in all of that digital disruption for the benefit of our clients. And enforces we have a strong foundation for our business. We have the trust of 1,100 clients, 200,000 passionate employees. We work across a broad range of sectors and service lines. We have a business that's growing and with high operating margins. We generate exceptional cash flow and we have a strong balance sheet. All of that builds a strong foundation for our business. Building on the strategy refresh that Nandan initiated, I have structured a review that looks into four dimensions: these are the new market opportunities, our client relationships, the people dimension, and a service offering portfolio that's constantly being rejuvenated. These are the four critical elements of our business as we look forward. My first priority is really to connect with our people and connect with our clients and build together with them what we think is a roadmap for the future here, and that's what we want to lay out in this April timeframe. The environment has a tremendous set of opportunities today where there's growth in the new areas. If you look at areas of data analytics, IoT, cloud security, digital customer experience, AI, machine learning, there are several elements of growth. The challenge for the environment is to make sure that the business is positioned in those growth areas. From an Infosys perspective, again, I need to spend time with our clients and our employees and then start to build a roadmap and come back. We want that set of strategic priorities.
