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Infosys has recently introduced a new human resources policy aimed at promoting employee well-being and better work-life balance. The company began sending automatic alerts to employees who work more than 9 hours and 15 minutes in a day. This system is designed not to penalize employees but to encourage healthier work patterns. The move aligns with Infosys’s hybrid work model, where employees are expected to be physically present in the office for at least 10 days each month. By focusing on sustainable work hours, Infosys aims to create a more balanced and efficient workplace environment. In terms of workforce trends, Infosys reported a slight increase in voluntary attrition during Q1 FY26, with the rate rising to 14.4% compared to 14.1% in the previous quarter. Despite this, overall headcount remained stable at around 323,800 employees. The company’s leadership noted that attrition is stabilizing, especially as the post-pandemic job market has cooled off and more professionals are looking for long-term roles rather than short-term shifts. Infosys has also been focusing on internal talent mobility and reskilling programs to retain and grow its workforce. Hiring patterns at Infosys have also undergone a shift. The company made a net addition of just 210 employees in the quarter, reflecting a more cautious and focused approach to recruitment. Unlike previous years when fresher hiring was prioritized in bulk, Infosys is now concentrating on hiring domain specialists with expertise in high-demand areas such as generative AI, cloud services, and cybersecurity. This strategic change comes as clients seek more advanced solutions, and Infosys positions itself to meet those needs with a highly skilled workforce. The overall message from Infosys’s recent HR developments is clear: the company is realigning its talent strategy to match current business demands while also putting employee well-being at the forefront. By implementing practical tools to manage workloads and prioritizing specialized talent over high-volume hiring, Infosys is working to build a more agile and future-ready organization. These moves also reflect broader industry trends where companies are adapting to both economic realities and changing expectations from their employees.

Infosys revised its revenue guidance for FY26 following a stronger-than-expected performance in the June 2025 quarter. The company now expects revenue growth in the range of 1 to 3 percent in constant currency terms, slightly higher than its earlier forecast of 0 to 3 percent. This improvement reflects a rebound in client spending, particularly in key verticals such as financial services and manufacturing. The company also maintained its operating margin guidance at 20 to 22 percent, signaling stable profitability despite a cautious macroeconomic environment. One of the key drivers behind the positive outlook was the sustained momentum in Infosys’s financial services segment. This vertical has shown consistent growth for five straight quarters, buoyed by strong deal activity. In Q1 FY26, Infosys secured multiple large contracts with prominent banks, including Metro Bank in the UK, AIB in Ireland, and the Bank of Sydney in Australia. These deals are focused on digital transformation, core banking modernization, and cloud-based service integration, helping Infosys solidify its presence in mature banking markets. Infosys’s leadership highlighted that client confidence has gradually improved as businesses adapt to interest rate cycles and economic pressures. CEO Salil Parekh noted that financial institutions, in particular, are prioritizing IT investments to enhance operational resilience and customer experience. This shift has translated into deal wins that are not just cost-driven but also centered on innovation and long-term digital strategy. In addition to the financial services growth, Infosys is also seeing traction in its AI and cloud-based offerings. The company continues to invest in these areas, including talent development and partnerships with hyperscalers. The overall deal pipeline remains strong, and Infosys aims to capitalize on its deep client relationships and broad service portfolio. The improved guidance suggests a more stable demand environment, though leadership continues to monitor global risks such as inflation, geopolitical tensions, and regulatory changes. Sources:Bloomberg

JSW Steel’s consolidated financial statement for the fiscal year 2024–25 reflects steady growth across key metrics. The company recorded total revenue from operations of ₹1,68,824 crore, showing a stable performance in a year marked by moderate price volatility and global economic uncertainty. The revenue figure was supported by higher production volumes and a strong domestic demand environment, particularly in the construction, engineering, and automotive sectors. The company’s focus on efficient capacity utilization and a diversified product portfolio contributed to maintaining a solid top-line performance despite some headwinds in export markets. The operating performance remained robust, with an EBITDA of ₹22,904 crore for the year, translating into consistent operating margins. Net profit after tax stood at ₹3,491 crore, with the earnings per share reaching ₹14.32. This reflected a modest increase in profitability year-on-year, despite certain one-time adjustments and foreign exchange fluctuations. The cost of raw materials and operational expenses were managed effectively, helped by improved sourcing strategies and digital monitoring of production cycles. A final dividend of ₹2.80 per share was declared, underlining the company's commitment to delivering shareholder returns. JSW Steel maintained a strong balance sheet during the year, supported by healthy cash flows from operations and prudent capital allocation. The company’s total assets rose due to capacity expansions and project-related investments, particularly in Odisha and the Dolvi plant. At the same time, borrowings remained within manageable levels, with an emphasis on reducing interest costs and refinancing high-cost debt. The company also continued to invest in environmental sustainability and modernization projects under its GreenEdge initiative. These financial results highlight JSW Steel’s ability to perform reliably in changing market conditions while continuing to build long-term value through growth and innovation. Key highlight points: total revenue from operations stood at ₹1,68,824 crore for fy 2024–25 net profit after tax reached ₹3,491 crore with an eps of ₹14.32 operating ebitda came in at ₹22,904 crore, supported by stable margins crude steel production touched 27.79 million tonnes, the company’s highest ever domestic steel sales grew 30 percent in q4, totaling 6.72 million tonnes final dividend declared at ₹2.80 per share cash flows remained strong, with strategic investments in capacity expansion borrowings kept under control, with ongoing focus on debt optimization continued progress on sustainability goals through the greenedge initiative Sources:Mint & Bloomberg

In the first quarter of FY 2025–26, JSW Steel delivered a strong financial performance, with its consolidated net profit rising to ₹2,209 crore, more than doubling from ₹867 crore recorded in the same quarter of the previous year. This growth was primarily attributed to improved operating margins, higher steel volumes, and stable pricing in domestic markets. Despite relatively flat revenue at ₹43,147 crore, the company's ability to control input costs and optimize production processes resulted in a significant improvement in profitability. The performance demonstrated JSW Steel’s resilience and adaptability in managing cost cycles while responding to market demand. During this quarter, the company's expenses fell by about 3.3 percent year-on-year, which contributed to better operating efficiency. The consolidated EBITDA stood at ₹7,595 crore, reflecting a healthy margin of 17.6 percent. The company benefited from lower raw material prices, particularly for imported coking coal and iron ore, and maintained steady supply from its domestic mines. Domestic steel demand continued to be strong, particularly from construction, automotive, and capital goods sectors, enabling JSW Steel to operate most of its facilities at higher utilization levels. Improved logistics and inventory management also played a role in optimizing working capital during the quarter. Looking forward, JSW Steel plans to maintain this momentum through strategic investments and capacity expansions. It continues to focus on backward integration projects to ensure cost stability and long-term supply security for critical inputs. Additionally, the company is advancing its environmental initiatives under the GreenEdge program, which includes energy-efficient production techniques and the use of renewable energy in manufacturing. With India’s steel demand expected to remain buoyant due to infrastructure spending and industrial recovery, JSW Steel aims to sustain its strong financial performance in the upcoming quarters while progressing toward its long-term capacity and sustainability goals. Sources:TheFinancialExpress

JSW Steel achieved a significant operational milestone in FY 2024–25, reporting its highest-ever annual crude steel production of 27.79 million tonnes. This marked a strong growth compared to the previous year and was a result of improved plant utilization, new capacity additions, and steady demand from key domestic sectors. The company’s consistent investment in process automation, raw material sourcing, and logistics optimization also contributed to this record output. These developments positioned JSW Steel as one of the top-performing steel producers in the country, with a clear emphasis on volume growth and efficient asset deployment. In the fourth quarter alone, JSW Steel reported crude steel production of 7.63 million tonnes, reflecting a 12 percent year-on-year increase. The company’s total steel sales during this period reached 7.49 million tonnes, up 11 percent over the same quarter last year. Notably, domestic steel sales grew sharply to 6.72 million tonnes, a jump of approximately 30 percent. This surge was driven by increased offtake from the construction and automotive industries, where infrastructure projects and vehicle production remained strong. The remaining volumes were directed toward export markets, which accounted for around 8 percent of total Indian sales, maintaining JSW’s presence in global trade flows. The strong quarterly and annual volume performance came despite ongoing challenges such as global price volatility and sluggish demand in some international markets. JSW Steel continued to benefit from its diversified market approach, maintaining steady deliveries across both urban and industrial sectors in India. The company also optimized its production mix to align with domestic pricing trends, which remained more stable than global benchmarks. With demand expected to remain robust in India due to continued infrastructure spending and industrial growth, JSW Steel is well positioned to sustain its production momentum while advancing its long-term capacity expansion plans. Sources:JSW Steels

In the fourth quarter of fiscal year 2024–25, JSW Steel reported a consolidated net profit of approximately ₹1,501 crore, which marked a year-on-year increase of around 16 percent. This growth in profit came despite a slight dip in the company's total revenue from operations, which stood at ₹44,819 crore, down by about 3 percent compared to the same quarter last year. The company was able to maintain profitability due to improved operating margins and lower input costs, especially for raw materials like iron ore and coal. These cost efficiencies helped offset the effects of declining steel prices in certain global and regional markets. During the quarter, the company’s operating EBITDA stood at ₹6,378 crore, supported by a stable performance in domestic steel sales and better plant utilization rates. The total steel production for Q4 reached 7.63 million tonnes, up 12 percent year-on-year, while total sales were recorded at 7.49 million tonnes, a rise of 11 percent. Notably, domestic steel sales surged by 30 percent, reaching 6.72 million tonnes. This was driven by robust demand from key sectors such as construction, automotive, capital goods, and infrastructure. Exports remained at a stable level, contributing around 8 percent of total Indian volumes. Despite revenue pressures, JSW Steel focused on strengthening its operational performance and sustaining its momentum through internal efficiencies. The quarter also included a one-time charge of ₹44 crore, which had minimal impact on the company’s net result. The financial results reflected the company’s adaptability in managing market fluctuations and leveraging its scale to control costs. As the company moves into the next fiscal year, it plans to continue investing in capacity expansion, backward integration, and new technologies, while also remaining cautious of global steel demand trends and price volatility. Sources:wikipedia

JSW Steel reported a strong financial performance for the fiscal year 2024–25, with a consolidated revenue of ₹1,68,824 crore and a net profit after tax of ₹3,491 crore. The company’s crude steel production stood at 27.79 million tonnes during the year, while saleable steel sales reached 26.45 million tonnes. Operational performance was supported by steady demand in domestic and export markets, along with increased capacity utilization across its major plants. Despite a challenging global environment and price volatility, JSW Steel maintained its leadership position in the Indian steel industry, focusing on volume growth and cost optimization. The company reported an operating EBITDA of ₹22,904 crore for the full year, reflecting stable margins across most business verticals. In the fourth quarter alone, JSW Steel posted a net profit of ₹1,501 crore despite a slight decline in revenues to ₹44,819 crore, which was attributed to seasonal moderation in steel prices and export realizations. However, lower raw material costs and operational efficiencies helped offset the impact on margins. The quarter also featured increased domestic steel sales, which grew by 30 percent year-on-year to 6.72 million tonnes, driven by strong construction, automotive, and infrastructure demand. Looking ahead, JSW Steel is focused on its long-term capacity expansion goals and decarbonization initiatives. The company reaffirmed its plan to increase domestic steel-making capacity to 50 million tonnes by fiscal year 2030, backed by an estimated capital expenditure of ₹60,000 crore. Major growth projects include the expansion at Dolvi, greenfield developments in Odisha, and backward integration through coal and iron ore linkages. In addition, JSW Steel has launched its GreenEdge program, aimed at reducing carbon emissions and enhancing energy efficiency, in alignment with its ambition to achieve net-zero emissions by 2050. These initiatives position the company to grow sustainably and meet future steel demand, both in India and abroad. Sources:TheFinancialExpress

ITC’s consolidated revenue from operations rose to ₹80,942.8 crore in FY25, showing a healthy increase of approximately 10.3% over FY24’s ₹73,350.5 crore. Within Q4 FY25, revenue stood at ₹20,376 crore, up around 9.8–10% year-on-year, with growth across cigarettes, FMCG, agri-business, and paperboards segments  . The uplift was supported by a favorable rural consumption environment and steady demand across ITC’s diversified portfolio . Net profit for FY25 surged sharply to ₹34,746.6 crore, compared to ₹20,458.8 crore in FY24, largely driven by a one-time gain of around ₹15,145 crore from the demerger of ITC Hotels  Excluding this exceptional item, profit from continuing operations increased modestly to ₹20,036.5 crore in FY25, slightly below FY24’s ₹20,190.8 crore  . This demonstrates underlying resilience, despite cost pressures across key segments. In Q4 FY25, adjusted net profit (excluding the one‑time gain) rose 3% YoY to ₹5,155.3 crore, while total reported net profit came in at ₹19,727–₹19,808 crore due to the hotels demerger gain Segment-wise, the cigarette business saw revenue of ₹9,228.7 crore (+6.2% YoY) and segment pre-tax profit of ₹5,402.6 crore, while non-cigarette FMCG grew revenue by 3.7% to ₹5,503.3 crore—though profit declined sharply due to inflation and input cost pressures. Other divisions also performed steadily: agri-business revenue climbed to ₹3,694.6 crore (+17.8% YoY) with a pre-tax profit of ₹252.7 crore (+35.5%), while the paperboards, paper & packaging segment posted revenue of ₹2,188.7 crore (+5.6%) but saw profits shrink by ~33% due to rising wood costs and import competition . The board declared a total dividend of ₹14.35 per share (₹6.50 interim + ₹7.85 final) for FY25, underlining a strong shareholder returns policy. Sources:bloomberg

ITC’s foray into the food-tech and cloud kitchen space has seen remarkable growth, with the company reporting a compound annual growth rate (CAGR) of 108 percent in this vertical. Launched under its ITC Master Chef brand and other food service formats, the company’s food-tech strategy combines its deep expertise in packaged foods with a rapidly scalable cloud kitchen infrastructure. This initiative marks ITC’s entry into direct-to-consumer (D2C) hot meals and food delivery, tapping into the rising demand for convenience and quality in urban markets. The expansion has been largely driven by ITC’s integration of technology, culinary innovation, and a strong backend supply chain. Through its cloud kitchen model, ITC is able to deliver a variety of freshly prepared meals, including regional Indian cuisines, snacks, and combo offerings, via popular food delivery platforms. The company has strategically positioned these kitchens in metros and tier-1 cities to ensure efficient coverage and faster delivery times. Strong performance in key cities and positive consumer feedback have encouraged ITC to scale operations aggressively. One of the notable strengths of ITC’s food-tech approach is its ability to leverage synergies with its packaged food brands and its in-house agri-sourcing network. By integrating quality raw materials with a chef-curated menu, ITC offers a product that balances affordability, hygiene, and taste. This positions the brand competitively against traditional restaurant players and newer delivery-only startups. ITC has also been investing in digital ordering infrastructure, AI-led kitchen optimization, and consumer behavior analytics to enhance operational efficiency and menu personalization. Looking ahead, ITC plans to expand its food-tech footprint nationally, with additional cloud kitchens and digital food formats. The success of this venture reflects the growing opportunity in India’s organized food delivery and ready-to-eat segment. For a company traditionally known for FMCG and tobacco, this shift represents a diversification into consumer-facing digital businesses with long-term growth potential. ITC’s performance in this segment underlines its evolving strategy to remain relevant in a rapidly changing consumption landscape. Sources:FinancialTracker

In FY25, ITC’s core segments—FMCG (non-cigarette) and tobacco—faced a challenging economic environment marked by persistent input cost inflation, especially in essential commodities. Despite these pressures, the company managed to deliver a resilient performance, supported by strategic pricing, supply chain efficiencies, and premiumisation of its product portfolio. The cigarette segment, in particular, continued to provide a steady foundation for ITC’s overall financial health, generating stable revenue and strong margins. The cigarette business reported revenue of approximately ₹9,228 crore in Q4 FY25, with segment profits remaining robust at over ₹5,400 crore. Volume growth was supported by stable taxation and continued recovery in out-of-home consumption. ITC’s deep market penetration and strong distribution network enabled it to maintain its leadership position, even as affordability remained a concern for consumers. The company also rolled out premium variants to tap into the growing demand for higher-end offerings, which helped protect margins amid rising costs. In contrast, the FMCG (non-cigarette) segment encountered more direct pressure from inflation in input materials such as wheat, milk, edible oils, cocoa, and packaging materials. Revenues for this segment grew by around 4 percent to ₹5,503 crore in Q4, but margins were compressed as ITC chose to absorb part of the cost increase to protect market share in key categories like biscuits, noodles, dairy, and personal care. The company focused on cost rationalization, scaling up in-house manufacturing, and expanding its value-added product portfolio to offset margin pressures. Overall, ITC’s diversified approach within FMCG and the strength of its tobacco business helped it navigate the inflationary climate better than many of its peers. The management emphasized agility in operations and continued investment in innovation, digital tools, and brand building. While the near-term environment remains uncertain due to commodity price fluctuations, ITC’s mix of high-margin tobacco and growing FMCG categories positions it well to handle volatility and sustain long-term growth. Sources:TheEconomicTimes

ITC reported its financial results for FY25, showcasing a solid year marked by steady revenue growth and an exceptional jump in net profit, largely due to a one-time gain from the demerger of its hotels business. For the quarter ending March 2025 (Q4 FY25), the company’s consolidated revenue from operations stood at approximately ₹20,376 crore, showing a year-on-year growth of about 10 percent. This performance was driven by consistent contributions from the cigarettes division, a recovering hotel segment before the spin-off, and stable demand in FMCG and agri-business operations. The most striking number in the results was the net profit, which surged to ₹19,807 crore in Q4. However, this figure includes a one-time exceptional gain of around ₹15,100 crore linked to the demerger of ITC Hotels. Adjusted for this, the core net profit came in between ₹4,662 crore to ₹5,155 crore, reflecting a slight decline of up to 10 percent compared to the previous year. The moderation in profit was largely attributed to margin pressure in the non-cigarette FMCG segment and rising input costs across raw materials like spices, wheat, cocoa, and edible oil. ITC’s operating margin remained healthy at around 33.5 percent in the quarter, though slightly lower than last year. The core cigarette business continued to perform reliably, contributing ₹9,228 crore in revenue and over ₹5,400 crore in segment profit. This segment helped maintain stability in the company’s financials despite volatility in other divisions. The FMCG (non-cigarette) segment, though growing steadily in volume, faced cost pressures that affected its profitability. The agri-business segment performed well, posting nearly 18 percent growth in revenue driven by tobacco leaf exports and other commodity trading. Alongside strong financial performance, the company declared a final dividend of ₹7.85 per share, making the total dividend payout for FY25 ₹14.35 per share, including the interim dividend. ITC’s management also reaffirmed its long-term focus on building digital capabilities, premiumising its product portfolio, and pursuing cost efficiencies. With the hotels business now demerged, ITC is expected to operate with a more streamlined structure, which the leadership believes will help unlock value and sharpen strategic focus across its diversified business verticals.

Larsen & Toubro (L&T) delivered a strong financial performance in the fiscal year 2024–25, driven by robust execution across its diverse business verticals. The company reported consolidated revenues of approximately ₹2,55,734 crore, marking a 16 percent increase over the previous fiscal year. This growth was supported by improved activity in infrastructure projects, manufacturing, and international engineering contracts. The company saw steady progress in project delivery timelines, aided by improved supply chain efficiencies and adoption of digital tools for construction monitoring. With a strong mix of domestic and international projects in execution, the company’s revenues reflected sustained demand in core sectors. The profit after tax for the year stood at ₹15,037 crore, representing a 15 percent year-on-year growth. This includes a one-time exceptional gain of ₹475 crore from the reversal of impairments recognized in earlier years. Earnings growth was supported by better operating margins across key verticals, especially in hydrocarbon engineering and power transmission. The company’s cost rationalization initiatives and increased adoption of modular construction techniques contributed to the margin stability. Profitability also received a boost from improved revenue recognition in international projects that achieved key delivery milestones during the year. L&T’s order inflow reached a historic high of ₹3,56,631 crore during the year, an 18 percent increase compared to the previous year. Around 58 percent of these orders were secured from international markets, including large contracts in the Middle East, Africa, and Southeast Asia. These included renewable energy EPC projects, high-speed rail systems, oil and gas infrastructure, and urban development programs. As of March 31, 2025, the consolidated order book stood at ₹5,79,137 crore, up by 22 percent over the previous year. This provides strong visibility for future revenue streams, with infrastructure and energy projects forming the bulk of the pipeline. The company’s ability to maintain a healthy order book underlines its competitiveness and credibility in global project execution. Financially, the company maintained a stable debt profile and strong liquidity position. Net working capital improved slightly due to faster client clearances and improved billing cycles. The board of directors recommended a final dividend of ₹34 per share, reflecting healthy cash flows and consistent returns to shareholders. L&T also announced a ₹10,000 crore share buyback plan, showing confidence in its long-term financial stability. Investments were directed toward digitization, climate-smart construction practices, and technology modernization. These financial decisions are in line with L&T’s Lakshya 2026 strategic roadmap, which focuses on improving return on equity, expanding in overseas markets, and growing its high-margin technology services. Sorces:Bloomsbergs