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Eastern International Ltd. Completed Two Major Offshore Wind Power Projects and Secured an Additional Large-Scale Offshore Transportation Contract for Yangjiang Project

HANGZHOU, China, Jan. 14, 2026 /PRNewswire/ — Eastern International Ltd. (“Eastern International” or the “Company”) (NASDAQ: ELOG), a provider of domestic and cross-border professional logistic services and construction services including project logistic, general logistic and new energy infrastructure construction, today announced that, as of December 31, 2025, it has successfully completed Jiangsu Yancheng Three Gorges Fenghai Dafeng Offshore Wind Farm Project and Jiangsu Guoxin Dafeng Offshore Wind Farm Project, which have total installed capacities exceeding 1.6 million kilowatts and were originally announced by the Company in its press release on November 4, 2025. The total contract value for these two projects are more than RMB 49 million (approximately US$7.07 million, unaudited and subject to final audited financial statements). Both projects involved transportation and installation of ultra-long wind power turbine blades of up to 110 meters and fully demonstrated the Company’s technical capabilities in managing complex, large-scale renewable energy infrastructure logistics.

In addition, Suzhou TC-Link Logistics Co., Ltd. (“Suzhou TC-Link”), a wholly owned subsidiary of Eastern International, recently secured an additional large-scale offshore transportation contract with Guangdong Goldwind Technology Co., Ltd. (“Guangdong Goldwind”) on December 20, 2025 for its “Yangjiang Project”, which was originally announced by the Company on November 4, 2025. The newly signed contract covers road transportation, loading and unloading at port, sea transportation, and related supporting services. Notably, the road transportation will also involve road modification by Suzhou TC-Link for oversize and overweight cargos in order to complete the project. This offshore project logistic project is currently progressing as planned.

Mr. Lin Tan, Chief Operating Officer of Eastern International Ltd., commented, “Offshore wind power is a crucial part for clean energy development. Its power generation system is characterized with oversize in dimensions, excessive weight and high transportation difficulty, which places extremely high standards and requirements for logistics service providers. Guangdong Goldwind’s decision to continue and expand its collaboration with Eastern International integrates the advantages of both parties in wind power equipment manufacture and specialized heavy-haul logistics, forming a stable and efficient synergy for both of us. Eastern International remains committed to achieving excellence in the field of offshore wind power project logistics.”

About Eastern International Ltd.

Eastern International Ltd. (NASDAQ: ELOG) is a holding company incorporated in the Cayman Islands. The Company, through Suzhou TC-Link Logistics Co., Ltd. (“Suzhou TC-Link”) and Hangzhou TC-Link Logistics Supply Chain Management Co., Ltd., both wholly owned subsidiaries of the Company, provide domestic and cross-border professional logistic and construction services including project logistic, general logistic and new energy infrastructure construction. Suzhou TC-Link was established on January 9, 2006, in Jiangsu Province, China. Suzhou TC-Link has obtained the internationally recognized IS09001 certificate of high-quality service (2015 standard). Eastern International has 7 wholly owned subsidiaries and 5 warehouses/logistic centers and 3 branch offices in China which operating network covers key cities in mainland China, Hong Kong, Southeast Asia and Central Asia. For more information, please visit https://www.elogint.com

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the final prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Eastern International specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Contacts:
Eastern International Ltd.
Mr. Lin Tan
Tel: +86 0571-82356096
Email: ir@elogint.com

Bridges of Brilliance: Global Youth Celebrate “Harmony for Shared Prosperity”

BEIJING, Jan. 14, 2026 /PRNewswire/ — A news report from China Story:

In December 2025, Contemporary World magazine hosted the “Harmony for Shared Prosperity” exchange in Beijing, putting the spotlight on the next generation. The event featured three segments—Exhibition Session, Remarks Session, and Performance Session—focusing on promoting youth dialogue and mutual learning among civilizations through the “Four Global Initiatives.”

 

The event began with the Exhibition Session: Blossoms of Creativity, Fragrance of Ink, showcasing the standout entries from the 2025 Youth Creations contest. Spanning 73 countries and over 4,000 submissions, these essays, paintings, and photographs offer a powerful testament to how the youth of today are weaving a shared vision for tomorrow.

On site, Chinese and international youth engaged in a talent showcase through poetry recitation, musical performances, dance, martial arts, Peking Opera, and calligraphy, highlighting the fusion of diverse cultures. The performance segment opened with a heartfelt recitation of Invitation to Wine by a youth from the Republic of the Congo, vividly capturing the bold and heroic spirit of Chinese culture. Three young Chinese women presented a Guzheng ensemble, Song of the Tianshan Mountains, using melodious tunes to depict the majestic scenery of the Tianshan range. Fifteen Chinese and international dancers performed the Chinese dance One Great River, weaving a cross-cultural tapestry with graceful movements. Dancers from seven countries energized the stage with a hip-hop routine, unleashing youthful vitality through dynamic rhythms. International students from Malaysia and Indonesia presented a martial arts showcase, Kung Fu World, demonstrating the essence of Chinese martial arts with a blend of strength and flexibility, earning warm applause. Students from France, Kazakhstan, and Spain delivered a multilingual chorus, Together for a Shared Future, conveying hopeful aspirations through passionate singing. The Peking Opera and Calligraphy showcase, Opera, Ink, Martial Arts, integrated Peking Opera, calligraphy, and the Baduanjin exercise, featuring the live writing of the phrase “Appreciating the Beauty in Each Other” in multiple languages to highlight cultural respect and harmonious coexistence. The entire performance was met with continuous applause and rising enthusiasm, fully demonstrating the love and respect Chinese and international youth hold for diverse cultures.

Foreign youth delegates in attendance unanimously agreed that the event provided a valuable platform for cultural exchange, enabling them to appreciate the charm and significance of intercultural communication. They expressed commitment to serving as bridges and links, contributing to dialogue and cooperation among diverse civilizations, and working together to build a community with a shared future for humanity.

The video was co-presented by China Story Database and CPC WORKS.

Strong Q3 Performance: Sequential Revenue Growth of 0.6% in CC, Large Deal Wins of $4.8 billion

Revenue Guidance for FY 26 revised to 3.0%-3.5%

BENGALURU, India, Jan. 14, 2026 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,099 million in Q3 revenues, year on year growth of 1.7% and sequential growth of 0.6% in constant currency. Reported IFRS operating margin was at 18.4%. Adjusted1 operating margin increased 0.2% sequentially to 21.2%. Free cash flow generation was robust at $915 million. Adjusted free cash flow generation was $965 million, 112.8% of adjusted net profit. TCV of large deal wins was $4.8 billion, with net new of 57%. Headcount increased by 5,043.

Revenues for YTD Dec’25 grew at 2.8% year on year in constant currency. Reported IFRS operating margin was at 20.0%. Adjusted operating margin was at 21.0%.

“Infosys delivered a strong Q3 performance demonstrating how our differentiated value propositions in enterprise AI, through Infosys Topaz, are consistently driving higher market share. Clients increasingly view Infosys as their AI partner with demonstrated expertise, innovation capabilities and strong delivery credentials. This has helped them unlock business potential and enhanced value realization,” said Salil Parekh, CEO and MD. “Central to this journey is our commitment to reskill, transform and empower our dedicated human resource pool to drive success in an AI augmented world,” he added.

0.6% QoQ
1.7% YoY 
CC Growth

18.4% Reported
21.2% Adjusted 
Operating Margin

6.6% Reported
11.5% Adjusted 

YTD EPS Increase
 (₹ terms)

$4.8 Bn 
Large Deal TCV
(57% Net New)

$0.9 Bn
 $1 Bn Adjusted
Free cash flow
(FCF)

Guidance for FY26:

  • Revenue growth of 3.0%-3.5% in constant currency
  • Operating margin of 20%-22%2

Key highlights:

For the quarter ended December 31, 2025

  • Revenues in CC terms grew by 1.7% YoY and 0.6% QoQ
  • Reported IFRS revenues at $5,099 million, growth of 3.2% YoY
     
  • Reported IFRS operating margin at 18.4%; Adjusted operating margin at 21.2% 
  • Reported IFRS Basic EPS at $0.18; adjusted Basic EPS at $0.21
     
  • FCF at $915 million; adjusted FCF at $965 million; 
    Adjusted FCF conversion at 112.8% of adjusted net profit

For nine months ended December 31, 2025

  • Revenues in CC terms grew by 2.8% YoY 
  • Reported IFRS revenues at $15,117 million, growth of 3.9% YoY 
  • Reported IFRS operating margin at 20.0%; Adjusted operating margin at 21.0% 
  • Reported IFRS Basic EPS at $0.58; adjusted Basic EPS at $0.60 
  • FCF at $2,900 million; adjusted FCF at $2,950 million; 
    Adjusted FCF conversion at 117.8% of adjusted net profit

1.  ‘Adjusted’ financial measures presented in this release are non-IFRS financial measures that exclude the impact of the provisions arising from the notifications by Government of India on Labour Codes for quarter and nine months ended December 31, 2025 and are further described in this release.
2.  Operating margin guidance for FY26 excludes the adjustment with respect to Labour Codes of $143 million in the current quarter.

“Our performance was broad-based in Q3 with 0.6% sequential revenue growth, 0.2% adjusted operating margin expansion, stellar large deal wins at $4.8 billion and robust adjusted free cash generation at $965 million in a seasonally weak quarter,” said Jayesh Sanghrajka, CFO. “In line with our capital allocation policy, we successfully completed the largest ever buyback of `18,000 crore and paid out interim dividend to shareholders,” he added.

Client Wins & Testimonials

  • Infosys extended its strategic collaboration with Metro Bank to transform the bank’s finance operations with a suite of Workday solutions. Marc Page, Chief Financial Officer, Metro Bank, said, “We’re continuing to transform our platforms through our partnership with Infosys, helping our digital advancement. This collaboration with Infosys and Workday will help to unify our core finance operations, providing colleagues with self-service tools and simplifying daily operations. This supports our long-term growth strategy and will help us to scale and evolve in the future.”
  • Infosys unveiled its AI-first GCC model to accelerate the setup and transformation of global capability centers (GCCs) into AI-powered hubs for innovation and growth. Stefanie Neumann, CEO, Lufthansa Systems, said, “Our collaboration with Infosys to establish a dedicated Global Capability Center has been a pivotal step in digital transformation journey of Lufthansa Systems. By leveraging their strong GCC and AI capabilities, we are building a future-ready innovation hub that enables our customers to enhance aviation safety, drive operational efficiency, and improve customer experience. This partnership empowers us to accelerate our vision for sustainable and intelligent aviation.”
  • Infosys announced its collaboration with NHS Business Services Authority (NHSBSA) to deliver a new workforce management solution for NHS in England and Wales. Michael Brodie, Chief Executive, NHSBSA, said, “Delivering the Future NHS Workforce Solution is a critical step in supporting the ambitions of the 10-Year Health Plan. The solution will go far beyond simply replacing ESR – it will be a strategic enabler for building a workforce that is fit for the future. By working with Infosys, we’re creating a modern, data-driven solution that will help the NHS better attract, retain and support its people.”
  • Infosys collaborated with Telenor Shared Services to modernize its HR operations with a new Oracle Fusion Cloud Human Capital Management (HCM) solution. Morten Dean Dunham, CEO, Telenor Shared Services, said, “Modernizing our HR operations is crucial to improve efficiencies and employee experience. By collaborating with Infosys to implement Oracle Cloud HCM, we are confident we will get a solution that meets our future needs. This change will further streamline our processes, provide a unified view of critical data, and ultimately enhance the experience of our employees.”
  • Infosys announced the launch of Infosys Topaz Fabric™, a purpose-built agentic services suite – a multi-layer AI fabric that unifies infrastructure, models, data, applications, and workflows into a composable, agent-ready ecosystem. Laxmi Srinivas Samayamantri, Vice President, Global Engineering, Data & Architecture, Nu Skin, said, “We are collaborating with Infosys to enrich beauty and wellness commerce IT operations through the power of Agentic AI. Together, we are expanding this further with Infosys Topaz Fabric by enabling Agent Assist features, which we anticipate will increase automation for application and infrastructure support, enhance resilience, and elevate the user experience.”
  • Infosys announced the launch of the Infosys Customer Experience Suite for Salesforce to help enterprises navigate their agentic transformation and scale their digital workforce. Marko Koistila, EVP Commercial Operations, VTT, said, “Our sales team previously spent too much time on low-value tasks like lead grooming instead of fostering client relationships. Agentforce automated the lead process, including contextual emails and meeting setups, allowing our team to focus on collaboration and delivering superior customer experiences. Having Infosys, along with Fluido as our expert partners, VTT became one of the first organizations outside Salesforce to implement a live SDR Agentforce agent. Building on the success of this initial implementation, we are collaborating together to develop two additional Agentforce agents for other areas of organizational support.”
  • Infosys collaborated with Barry Callebaut to drive a multi-year, AI-powered digital transformation aimed at creating an agile, tech-enabled enterprise that enhances customer experiences, operational efficiency, and innovation. Amr Arafa, Chief Digital Officer, Barry Callebaut Group, said, “Our collaboration with Infosys will play a key role in advancing Barry Callebaut’s Business Led digital transformation (BC Next Level) journey. As part of our BC Next Level strategic investment program, we are focused on building a tech-enabled, agile enterprise that delivers superior customer experiences and operational excellence. Infosys, with its AI-first approach and suite of generative AI platforms, will empower us to unlock efficiencies at scale, build connected ecosystems, and accelerate innovation. Infosys’ deep domain expertise and commitment to co-innovation make them a trusted partner in shaping our transformation roadmap.”
  • Infosys collaborated with Fresenius on a project called ELEVATE, a business transformation initiative aimed at unifying and modernizing the company’s global business processes and IT systems through SAP S/4HANA. Florent Durup, Business Transformation Lead for the ELEVATE Program, Fresenius, said, “ELEVATE is the most critical business transformation program for Fresenius and an important milestone of our journey. We have selected Infosys as the SI partner after a rigorous and exhaustive process and are now moving forward with confidence to deliver the ambitious goals of the transformation program together. Through this collaboration, Fresenius and Infosys will work closely to deliver a robust, future-ready platform that enhances agility, standardizes processes, and enables data-driven decision-making across the organization.”

Recognitions & Awards

  • Brand & Corporate
    • Recognized as a Silver Employer in the India Workplace Equality Index (IWEI) 2025 for championing inclusion and being a strong ally of the LGBTQIA+ community
    • Recognized for its people-first approach at the SHRM India HR Excellence Awards 2025
    • Recognized among the Most Inclusive Organizations for Women in Tech in the IT Service category at the Wequity Award
    • Infosys China recognized as one of the Best Workplaces™ in Greater China 2025 by Great Place To Work™
  • AI and Cloud Services
    • Recognized as a leader in The Forrester Wave™: AI Technical Services, Q4 2025
    • Positioned as a leader in Everest Group: Data and Analytics (D&A) Services PEAK Matrix® Assessment 2025
    • Rated as a leader in NelsonHall: GenAI and Process Automation in Banking 2025
    • Recognized as a leader in IDC MarketScape: Asia/Pacific Professional and Managed Services for Microsoft Azure 2025 Vendor Assessment
  • Key Digital Services
    • Positioned as a leader in Gartner Magic Quadrant for Custom Software Development Services
    • Recognized as a leader in IDC MarketScape: Asia/Pacific Application Modernization Services to AWS 2025 Vendor Assessment
    • Recognized as a leader in IDC MarketScape: European Human First Digital Workplace Services 2025 Vendor Assessment
    • Positioned as a leader in Everest Group: Adobe Services PEAK Matrix® Assessment 2025
    • Positioned as a leader in Everest Group: IT Service Management (ITSM) and Service Integration and Management (SIAM) Services PEAK Matrix® Assessment 2025
    • Positioned as a leader in Everest Group: Enterprise Quality Engineering (QE) Services PEAK Matrix Assessment 2025
    • Positioned as a leader in Everest Group: Global Capability Center (GCC) Setup Capabilities in India – PEAK Matrix® Assessment 2025
    • Positioned as a leader in Everest Group: ServiceNow Services PEAK Matrix® Assessment 2025
    • Recognized as a leader in HFS Horizons: Legacy Application Modernization Services, 2025
    • Recognized as a leader in HFS Horizons: Enterprise Blockchain Services, 2025
    • Rated as a leader in NelsonHall: Advanced Digital Workplace Services 2025
    • Rated as a leader in NelsonHall: Quality Engineering 2025
    • Infosys BPM received the 2025 ISG Star of Excellence™ award for BPO Services Excellence
  • Industry & Solutions
    • Recognized as a leader in IDC MarketScape: Worldwide Supply Chain Blue Yonder Ecosystem Services 2025–2026 Vendor Assessment
    • Recognized as a leader in IDC MarketScape: Worldwide Supply Chain Overall Ecosystem Services 2025–2026 Vendor Assessment
    • Recognized as a leader in IDC MarketScape: Worldwide Manufacturing Intelligence Transformation Strategic Consulting 2025 Vendor Assessment
    • Recognized as a leader in IDC MarketScape: Worldwide Supply Chain SAP Ecosystem Services 2025-2026 Vendor Assessment
    • Recognized as a leader in IDC MarketScape: Worldwide Supply Chain Oracle Ecosystem Services 2025-2026 Vendor Assessment
    • Positioned as a leader in Everest Group: Property and Casualty (P&C) Insurance IT Services PEAK Matrix® Assessment 2025
    • Positioned as a leader in Everest Group: Payments IT Services PEAK Matrix® Assessment 2025
    • Positioned as a leader in Everest Group: Banking IT Services PEAK Matrix® Assessment 2025
    • Recognized as a leader in HFS Semiconductor Horizons: The Best of Service Providers across the Value Chain, 2025
    • Recognized as a leader in HFS Horizons: Life Sciences Service Providers 2025
    • Recognized as a leader in HFS Horizons: Intelligent Supply Chain Services, 2025
    • Recognized as a leader in HFS Horizons: Travel and Hospitality Service Provider Ecosystem, 2025
    • Infosys Finacle positioned as a leader in Everest Group’s Banking Customer Experience Orchestration Products (CXOP) PEAK Matrix® Assessment 2025.
    • Infosys Finacle along with its customers received four awards at the Global Banking and Finance ® Awards 2025 – Innovation Awards for Excellence in Margin Finance Innovation India with HDFC Bank; Most Innovative Payments Channel Modernization in Colombia with Bancolombia; Technology Award for Best Core Banking Transformation with Real-Time Eventing with Emirates NBD Bank; and Award for Best Customer Journey Initiative in Australia with Australian Military Bank
    • Infosys Finacle recognized as The World’s Best Software Provider for Virtual Accounts 2025 and The World’s Best Software Provider for Liquidity Management 2025 by Euromoney Transaction Banking Awards

Read more about our Awards & Recognitions here.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 330,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in 63 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, our future financial or operating performance, the McCamish cybersecurity incident, and the United States H-1B visa program are forward looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid working model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, the outcome of pending litigation, the amount of any additional costs resulting directly or indirectly from the McCamish cybersecurity incident, the outcome of the US government investigation, the timing, implementation, duration and effect of the September 19, 2025 proclamation signed by the president of the United States related to the H-1B visa program, and the effect of current and any future tariffs. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

 

Infosys Limited and Subsidiaries

Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:                                             (in $ million)

Particulars

December 31, 2025

March 31, 2025

ASSETS

Current assets

Cash and cash equivalents

2,216

2,861

Current investments

769

1,460

Trade receivables

4,020

3,645

Unbilled revenue

1,477

1,503

Other current assets

1,583

1,890

Total current assets

10,065

11,359

Non-current assets

Property, plant and equipment and Right-of-use assets

2,128

2,235

Goodwill and other Intangible assets

1,636

1,505

Non-current investments

990

1,294

Unbilled revenue

224

261

Other non-current assets

910

765

Total non-current assets

5,888

6,060

Total assets

15,953

17,419

LIABILITIES AND EQUITY

Current liabilities

Trade payables

537

487

Unearned revenue

1,235

994

Employee benefit obligations

384

340

Other current liabilities and provisions

3,399

3,191

Total current liabilities

5,555

5,012

Non-current liabilities

Lease liabilities

646

675

Other non-current liabilities

465

477

Total non-current liabilities

1,111

1,152

Total liabilities

6,666

6,164

Total equity attributable to equity holders of the company

9,233

11,205

Non-controlling interests

54

50

Total equity

9,287

11,255

Total liabilities and equity

15,953

17,419

 

Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for:             

(In $ million except per equity share data)

Particulars

3 months ended
December 31,
2025

3 months ended
December 31,
2024

9 months ended
December 31,
2025

9 months ended
December 31,
2024

Revenues

5,099

4,939

15,117

14,547

Cost of sales

3,660

3,444

10,593

10,103

Gross profit

1,439

1,495

4,524

4,444

Operating expenses:

   Selling and marketing expenses

257

218

769

671

   Administrative expenses

245

224

725

693

Total operating expenses

502

442

1,494

1,364

Operating profit

937

1,053

3,030

3,080

Other income, net of finance cost

98

90

308

249

Profit before income taxes

1,035

1,143

3,338

3,329

Income tax expense

287

337

942

981

Net profit (before non-controlling interest)

748

806

2,396

2,348

Net profit (after non-controlling interest)

747

804

2,393

2,345

Basic EPS ($)

0.18

0.19

0.58

0.57

Diluted EPS ($)

0.18

0.19

0.58

0.56

NOTES:

a)  The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter and nine months ended December 31, 2025, which have been taken on record at the Board meeting held on January 14, 2026.

b)  As the quarter and nine months ended figures are taken from the source and rounded to the nearest digits, the quarter figures in this statement added up to the figures reported for the previous quarters might not always add up to the nine months ended figures reported in this statement.

Reconciliation of Reported IFRS financial measures to Adjusted non-IFRS financial measures for 3 months ended

(in $ million except per equity share data)

December 31, 2025

December 31, 2024

Reported IFRS

Adjustment for
Labour Codes1

Adjusted 
non- IFRS

Reported IFRS

Operating profit

937

143

1,080

1,053

Operating margin (%)

18.4

2.8

21.2

21.3

Profit before income taxes

1,035

143

1,178

1,143

Income tax expense

287

35

322

337

Net profit (after non-controlling interest)

747

108

855

804

Basic EPS ($)

0.18

0.03

0.21

0.19

Reconciliation of additional financial measures to Adjusted financial measures for 3 months ended 

 (in $ million) 

December 31, 2025

December 31, 2024

Reported

Adjustment for
Labour Codes

Adjusted 

Reported

Operating cash flow

962

50

1,012

1,325

Capital expenditure

47

47

62

FCF – non-IFRS

915

50

965

1,263

FCF as a % of Net profit

122.5

112.8

156.6

Reconciliation of Reported IFRS financial measures to Adjusted non-IFRS financial measures for 9 months ended 

 (in $ million except per equity share data) 

December 31, 2025

December 31, 2024

Reported IFRS

Adjustment for
Labour Codes1

Adjusted
non- IFRS

Reported IFRS

Operating profit

3,030

143

3,173

3,080

Operating margin (%)

20.0

1.0

21.0

21.2

Profit before income taxes

3,338

143

3,481

3,329

Income tax expense

942

35

977

981

Net profit (after non-controlling interest)

2,393

108

2,501

2,345

Basic EPS ($)

0.58

0.02

0.60

0.57

Reconciliation of additional financial measures to Adjusted financial measures for 9 months ended  

(in $ million) 

December 31, 2025

December 31, 2024

Reported

Adjustment for
Labour Codes

Adjusted 

Reported

Operating cash flow

3,102

50

3,152

3,375

Capital expenditure

202

202

179

FCF – non-IFRS

2,900

50

2,950

3,196

FCF as a % of Net profit

121.0

117.8

136.1

NOTE:

  1. On November 21, 2025 the Government of India notified provisions of The Labour Codes. These Labour Codes consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and post-employment and amongst other things introduce changes, including a uniform definition of wages and enhanced benefits relating to leave. The adjustments for Labour Codes represent an increase in gratuity liability arising out of past service cost and increase in leave liability together by $143 million which is recognized in the Consolidated Statement of Comprehensive Income.
  2. Revenue growth in reported currency includes the impact of currency fluctuations. Additionally, we calculate constant currency (CC) growth by comparing current period revenues in respective local currencies converted to US$ using prior period exchange rates and comparing the same to our prior period reported revenues.
  3. A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.

IFRS-INR Press Release: https://www.infosys.com/investors/reports-filings/quarterly-results/2025-2026/q3/documents/ifrs-inr-press-release.pdf

Fact sheet: https://www.infosys.com/investors/reports-filings/quarterly-results/2025-2026/q3/documents/fact-sheet.pdf

iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System

ST. PAUL, Minn., Jan. 14, 2026 /PRNewswire/ — iotaMotion, Inc., creator of iotaSOFT®, the first and only FDA cleared robotic-assisted cochlear implant insertion system, today announced U.S. Food and Drug Administration (FDA) 510(k) clearance for expanded pediatric use of its iotaSOFT® Insertion System. The system is now cleared for use in patients four years of age and older, extending access to robotic-assisted cochlear implantation for school-aged children. 

The iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System advances surgery beyond the limits of the human hand with slow, consistent, and controlled electrode insertion to preserve delicate intracochlear structures. Shown with the drive unit guiding the array, iotaSOFT is FDA cleared for patients 4 years and older, expanding access as fewer than 5% of 60M eligible patients worldwide receive implants.
The iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System advances surgery beyond the limits of the human hand with slow, consistent, and controlled electrode insertion to preserve delicate intracochlear structures. Shown with the drive unit guiding the array, iotaSOFT is FDA cleared for patients 4 years and older, expanding access as fewer than 5% of 60M eligible patients worldwide receive implants.

“Receiving FDA clearance for expanded pediatric use marks a significant milestone for iotaMotion and for families navigating cochlear implant decisions,” said Mike Lobinsky, CEO of iotaMotion. “By standardizing one of the most delicate steps in cochlear implant surgery, iotaSOFT helps reduce variability which could provide parents greater confidence as they consider cochlear implantation for their children.” 

The iotaSOFT Insertion System enables precise and controlled electrode array insertion during one of the most delicate steps of cochlear implant surgery. By standardizing this critical step, iotaSOFT is designed to help preserve delicate cochlear structures, a consideration that is often central to decision-making. 

As part of this milestone, Cincinnati Children’s Hospital, a nationally ranked pediatric medical center, and U.S. News & World Report Honor Roll member for 2025–2026, has become the first dedicated pediatric center to adopt the iotaSOFT Insertion System. Cincinnati Children’s joins over 35 leading cochlear implant centers across the United States, including nearly half of U.S. neurotology fellowship training programs, that have adopted this innovative technology. 

“At Cincinnati Children’s, our focus is delivering the highest standard of care while thoughtfully integrating innovations that benefit our patients,” said Dr. Daniel Choo, chief clinical growth officer and professor of otolaryngology–head and neck surgery. “Robotic-assisted cochlear implantation represents a meaningful advancement in our cochlear implant program.”   

Globally, fewer than 5% of eligible cochlear implant candidates receive an implant, despite more than 430 million people worldwide experiencing disabling hearing loss, according to the World Health Organization. In pediatric patients, early access to sound is critical for speech, language and educational development, yet concerns around hearing preservation and surgical variability can delay intervention. 

A 2025 clinical cohort study published in The Laryngoscope (Khan et al.) found that 85% of patients in the robotic-assisted insertion group maintained hearing preservation at one year, compared with 71% in the manual insertion group, according to its authors. 

“Robotic assistance in cochlear implantation is about precision and consistency,” said Marlan Hansen, MD, co-founder and chief medical officer of iotaMotion. “With the expanded pediatric indication for iotaSOFT, supported by growing clinical evidence, families can have greater confidence that controlled, standardized insertion is designed to protect the cochlea and preserve its structure and function. This is especially important for children who may benefit from emerging therapeutic advances, including gene-based and regenerative hearing technologies, which will likely depend on atraumatic, cochlear implant array placement early in life.”

About iotaMotion
iotaMotion, Inc. is a medical technology company based in St. Paul, Minnesota, dedicated to advancing cochlear implant surgery beyond human capability through robotic-assisted solutions. Its flagship technology, the iotaSOFT® Insertion System, is designed to preserve delicate intracochlear structures through slow and consistent electrode array insertion. The system is commercially available in the United States and under clinical investigation in other global markets. 

For more information, visit http://www.iotamotion.com/ and follow us on LinkedInXFacebookYouTube.

Sources:
Claussen AD, et al. Comparative Analysis of Robotics-Assisted and Manual Insertions of Cochlear Implant Electrode Arrays. Otol Neurotol, 2022. 

Khan AM, et al. Robotic-Assisted Electrode Array Insertion Improves Rates of Hearing Preservation. The Laryngoscope, 2025. 

Data on file

Media Contact:
Sara Ashburn-Reed
Sashburn-reed@iotamotion.com 

A close-up view of the iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System. The system is FDA cleared for patients four years of age and older.
A close-up view of the iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System. The system is FDA cleared for patients four years of age and older.

 

iotaMotion— the leader in robotic-assisted insertion systems for cochlear implantation and maker of the iotaSOFT® Insertion System, the first and only FDA market authorized robotic-assisted insertion system, indicated for patients 12 years and older.
iotaMotion— the leader in robotic-assisted insertion systems for cochlear implantation and maker of the iotaSOFT® Insertion System, the first and only FDA market authorized robotic-assisted insertion system, indicated for patients 12 years and older.

 

Lynx Analytics Introduces Lumen, an Agentic AI Framework to Improve Decision-Making in Life Sciences

LOS GATOS, Calif., Jan. 14, 2026 /PRNewswire/ — Lynx Analytics today announced Lumen, a specialized Agentic AI framework designed to help pharmaceutical and biotech organizations generate strategic, decision-ready insights from complex scientific and commercial information.

Built specifically for life sciences workflows, Lumen enables companies to deploy AI agents across a wide range of real-world use cases — from rapidly distilling lengthy clinical or market research documents, to generating dynamic HCP personas and personalized engagement strategies, to powering natural-language analytics that explain drivers behind forecast shifts or market performance. The framework brings accumulated best practices from multiple Agentic AI deployments across global pharma companies.

One of the first real-world applications built on Lumen is IlluminAI — a customized decision-support solution developed in collaboration with the International Oncology team at AstraZeneca.

“The introduction of the IlluminAI assistant at AstraZeneca has streamlined how we approach brand launch planning. Our teams can ask natural-language questions about forecast drivers and receive insights grounded in patient forecast models and revenue data. IlluminAI is now embedded in planning cycles across International Markets. We look forward to continuing our partnership with Lynx Analytics to further develop IlluminAI.” said Christos Georgiou, Oncology Launch & Business Excellence Director, International Markets at AstraZeneca.

Ankit Agrawal, Director of Client Engagement at Lynx Analytics, added: “Lumen is the foundation for Lynx’s next generation of Agentic AI in pharma, already deployed across priority commercial and medical use cases. At AstraZeneca, IlluminAI puts this into practice for the International Oncology team, where agents connect patient forecast models and revenue data to pinpoint the key drivers and assumptions behind each forecast, explained in simple, easy-to-understand language”

Lumen enables decision-support agents such as campaign-planning copilots that forecast ROI and generate targeted content; patient-support agents that deliver compliant, 24/7 medical information; and clinical-trial intelligence agents that surface relevant insights and help teams monitor study challenges in real time. All insights include linked citations for transparency, giving teams audit-ready evidence behind each recommendation.

Lumen is now available to pharmaceutical and life sciences organizations seeking to elevate strategic planning, accelerate analysis, and deploy responsible AI at scale.

About Lynx Analytics
Lynx Analytics is a global AI and data-science company specializing in life sciences applications, graph analytics, and Agentic AI systems. The company partners with leading pharmaceutical organizations to transform complex data into strategic advantage.

KCM Trade Announces Full Release of AI Mentor in Thailand with Major December Upgrade

Pilot Success Leads to Nationwide Release with Enhanced UI and New Features to Follow

HONG KONG, Jan. 14, 2026 /PRNewswire/ — KCM Trade, a leading global CFD broker, officially announced a major upgrade to its AI Mentor system in December, which has now been rolled out to all users across Thailand following strong results from its recent pilot programme. The expansion highlights the company’s commitment to intelligent trading innovation and reflects the rising adoption of AI-powered tools across the Thai trading community.

Pilot Success and User Adoption

The Thailand pilot involved hundreds of MIB and IB users, providing essential real-world insights into how traders interact with AI Mentor. Testers highlighted its strong performance in several key areas, such as gathering market information, identifying market trends, tracking important economic events, and providing concise news summaries. The positive response from Thai users confirms the region’s readiness for smarter, more adaptive tools. Building on this strong endorsement, KCM Trade had already completed the full rollout of AI Mentor to all users across Thailand, ensuring that every trader in the market could access the system’s advanced AI-driven support and benefit from its real-time guidance.

Key Enhancements in December

Following the momentum, KCM Trade had further introduced a major AI Mentor upgrade in December. The update features a redesigned user interface for improved navigation, a new chat history function allowing users to revisit prior analyses, and share-chat functionality to support smoother collaboration.

Additional UX refinements further enhance workflow transparency and make it easier for traders to manage conversations, interpret insights, and maintain an organised decision-making process.

Looking Ahead

The December upgrade represents the next major milestone in AI Mentor’s evolution and lays the groundwork for broader expansion. Following the Thailand launch, KCM Trade will extend access to user across Southeast Asia region after the UI revamp is completed. With Thailand serving as the flagship test market, user feedback will continue to shape future updates, ensuring AI Mentor develops into a versatile, globally scalable solution for traders seeking intelligent, real-time support.

About KCM Trade
Founded in 2016, KCM Trade is dedicated to offering reliable, customised, and efficient trading services, connecting clients to top global financial markets. As a liquidity provider, we support institutional clients through a global network and offer diverse trading options to retail clients.

Our operations span Australia, Hong Kong SAR, Taiwan region, Thailand, Malaysia, Vietnam, Mauritius, and other regions. With our experienced and professional team, we can provide all-rounded and reliable support for client transactions.

KCM Trade is part of the KCM Group, affiliated companies include KCM Group Holdings Limited, Kohle Capital Markets Pty Ltd, and Kohle Capital Markets Ltd.

Phemex Launches Trading Bot Carnival to Encourage Broader Adoption of Strategy-Based Crypto Trading

APIA, Samoa, Jan. 14, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the launch of the Phemex Trading Bot Carnival, a global initiative with a total reward pool of up to 260,000 USDT, aimed at supporting wider adoption of automated and strategy-based crypto trading. The campaign runs from January 12 to January 25, 2026, and is designed to help users explore systematic trading approaches through practical participation rather than short-term speculation.

Phemex Launches Trading Bot Carnival to Encourage Broader Adoption of Strategy-Based Crypto Trading
Phemex Launches Trading Bot Carnival to Encourage Broader Adoption of Strategy-Based Crypto Trading

The initiative follows growing user interest in structured trading tools as market activity becomes more fragmented. In response, Phemex has continued to expand its trading bot infrastructure as part of its broader focus on helping users trade more consistently, manage risk more effectively, and reduce reliance on purely discretionary decision-making.

The program includes multiple participation tracks, such as onboarding incentives for first-time trading bot users, operational challenges, volume-based participation, and referral mechanisms. These tracks are structured to accommodate different experience levels, from users experimenting with automation for the first time to those already running systematic strategies. First-time bot users may receive participation rewards of up to 100 USDT to offset initial experimentation costs.

Phemex Trading Bot Carnival aligns with its broader vision of empowering traders through accessible automation and disciplined trading infrastructure. As the platform continues to evolve its trading bot ecosystem, Phemex remains focused on building tools that support long-term participation and consistent engagement across changing market conditions.

About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/ 

 

HTX Ventures Named “Best Web3 Venture Capital of the Year” at the 12th Hong Kong Listed Companies Awards Ceremony, Empowering Hong Kong’s Next-Generation Web3 Financial Ecosystem

PANAMA CITY, Jan. 14, 2026 /PRNewswire/ — On January 9, the 2025 Hong Kong Wealth Management Summit and the 12th Hong Kong Listed Companies Awards Ceremony were held in Hong Kong. Alec, Head of HTX Ventures, was invited to share insights on the evolving landscape of Hong Kong’s wealth management industry, and cross-industry collaboration within the Real-World Asset (RWA) ecosystem.


Strategic Conviction: Productive RWAs, AI Finance, and Compliant Payments

Speaking at the panel discussion “A New Global Benchmark for Asset Allocation: The Rise of Hong Kong Wealth Management and Its Future Outlook,” Alec analyzed that as regulatory clarity improves and institutional capital flows into the market, several key directions within the convergence of global wealth management and Web3 deserve sustained attention:

Yield-Generating Real-World Assets: Platforms focused on tokenizing traditionally high-barrier assets such as private equity (PE), private credit, and green finance debt instruments.

AI-Agentic Finance: Middleware solutions that effectively integrate AI-driven investment strategies with Hong Kong SFC-compliant frameworks.

Compliant Stablecoins and Payment Gateways: Centered around HKD-backed stablecoins, these infrastructures support cross-border trade settlement and B2B payments, serving as foundational layers for wealth management by enabling the instant conversion of traditional fiat assets into on-chain assets.

HTX Ventures head, Alec at the roundtable
HTX Ventures head, Alec at the roundtable

Evolving Investment Logic: Building Foundations Amid Constant Change

Beyond sector selection, HTX Ventures emphasizes a project’s ability to evolve within a shifting market. Alec highlighted three core evaluation dimensions:

Architectural Flexibility: In an increasingly multipolar regulatory landscape, modular and scalable system architectures enable projects to adapt to jurisdiction-specific compliance requirements without reconstructing their core infrastructure.

Sustained Competitiveness and Demand Alignment: HTX Ventures goes beyond capital deployment by leveraging its global user data and industry insights to help projects establish efficient feedback loops and agile iteration mechanisms, ensuring long-term relevance in the competitive Web3 and AI arena.

Ecosystem Connectivity and Access to Unique Assets: Through its global fund network and ecosystem partnerships, HTX Ventures directly connects projects to unique asset sources worldwide, significantly shortening the cycle from proof of concept to commercial monetization, and helping the projects secure first-mover advantages.

Alec emphasized that HTX Ventures will continue to invest in projects combining frontier technology with real-world utility in their early stages, strengthen blockchain infrastructure investments, and help accelerate the large-scale adoption of Web3.

HTX Ventures Awarded “Best Web3 Venture Capital of the Year”

At the ceremony, HTX Ventures was honored with the “Best Web3 Venture Capital of the Year” award, in recognition of its sustained contributions to the global Web3 ecosystem and its outstanding investment performance.

In recent years, HTX Ventures has been increasing its investments in Web3 infrastructure and innovative applications, establishing a clear and disciplined investment framework across the integration of blockchain technology with real-world business scenarios, global compliance pathways, and long-term value creation. Its systematic approach has earned broad recognition across the industry.

Founded in 2012, the Hong Kong Listed Companies Awards Ceremony, jointly initiated by Tencent and Finet Group, aims to promote the healthy development of Hong Kong’s capital markets through annual rankings and awards. Featuring high-level forums with an award ceremony, the event has grown into one of Hong Kong’s most influential annual gatherings for the financial and investment community.

This award not only affirms HTX Ventures’ past achievements as a deeply engaged participant in the global Web3 movement, but also reinforces its commitment to deepening its presence in Hong Kong while connecting global opportunities. As Hong Kong emerges as a hub for institutionalized Web3 narratives, HTX Ventures will continue to act as connectors and enablers, introducing unique assets, compliant technological architectures, and forward-looking business models into the Hong Kong market. Jointly, they contribute to the sustainable prosperity of Hong Kong’s capital markets.

HTX Ventures receives the "Best Web3 Venture Capital of the Year" award
HTX Ventures receives the “Best Web3 Venture Capital of the Year” award

About HTX Ventures

HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.

HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.