Infosys ADR shares jump over 3% on NYSE after IT major's net profit rises 9% YoY to ₹6,921 crore. Details here
The Infosys ADR shares rose over 3% to $18.83 at the US market open, compared to $18.26 at the previous market session on Wall Street. The company announced its April-June quarter results after the Indian stock market closed on Wednesday.
As of 11:12 a.m. (EDT), the shares of the IT major were trading 1.48% higher at $18.53. After hitting its intraday high levels, the ADR stock dropped to its current level as of the early market session.
ADR shares are tools that foreign companies use to leverage a special certificate issued by a US bank to trade on the US stock market, similar to other regular US-based companies.
India's second-largest IT company, Infosys, posted a 9% rise in its consolidated net profits to ₹ 6,921 crore for the first quarter of the 2025-26 fiscal year, compared to ₹ 6,368 crore in the same quarter in the previous fiscal year. However, the company's net profits dropped 1.6% on a sequential basis in the April-June quarter.
Infosys' revenue from core operations increased 7.5% to ₹ 42,279 crore in the April-June quarter of the financial year ended 2025-26, supported by consistent deal momentum and sustained demand for digital transformation services from global clients.
According to Mint's earnings coverage, the company also revised its 2025-26 fiscal year constant currency revenue growth guidance, raising the lower end to 1% while retaining the upper end at 3%.
Infosys ADR shares trading on the NYSE have given US market investors more than 68% returns on their investment in the last five years. However, the shares were down 15.13% in the last one-year period.
On a year-to-date (YTD) basis, the IT major's ADR stock has dropped 17.19% and is trading 2.91% lower in the last five market sessions on Wall Street. The shares hit their 52-week high at $23.63, while the 52-week low level was at $15.82.
The shares are trading above their year-low levels, and the company's market capitalisation stands at $75.52 billion as of the stock market session on Wednesday, 23 July 2025.
Read all stories by Anubhav Mukherjee
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