Infosys Reports 29% Surge in AI Revenue as Net Profit Climbs

24 Oct 2026, 7:30 am · 22h ago · 1 min read · YourStory

Indian IT services giant Infosys reported a 6.2% increase in net profit for the second quarter, powered by a significant 29% surge in artificial intelligence revenue. The results highlight accelerating enterprise adoption of generative AI services among global clients. Concurrently, a Quess Corp report highlighted robust tech expansion in India, projecting that healthcare Global Capability Centres will generate 67,000 new jobs in 2026. Separately, market regulator SEBI cautioned retail investors against rising fraudulent WhatsApp investment groups, while Apple experienced strong demand in India with full pre-bookings for its new foldable smartphone.