India's Infosys falls after cutting revenue growth guidance for fiscal 2027

Infosys shares dropped 4% after cutting FY27 revenue growth guidance to 1-2% from 1.5-3% due to sluggish client spending. Q2 revenue was ₹49,244 crore, up 1.5% y-o-y, with net profit increasing 6.2%. Goldman Sachs and Citi noted subdued demand and maintained neutral ratings with target prices of ₹1,000 and ₹1,105, respectively.

Infosys (INFY) shares dropped 1.5% after lowering its fiscal 2027 revenue growth forecast to 1%-2% from 1.5%-3.0%, despite strong deal wins and AI business growth. Q2 revenue was $5.15B, up 1.5% YoY, with operating margin stable at 21%. Net profit rose to 78.23B rupees, and an interim dividend of 26 rupees per share was announced.

Infosys (INFY) shares fell 1.5% after lowering its full-year revenue growth forecast to 1%–2% from 1.5%–3%, citing slower project volumes and pricing pressure. UBS cut its price target to ₹1,415 from ₹1,430, maintaining a Buy rating. Q2 revenue growth and EBIT margin missed expectations.

Infosys shares fell up to 4% after reporting Q2 FY27 earnings that missed market expectations. The company reduced its FY27 revenue growth guidance to 1%-2% from 1.5%-3%, citing pricing pressure and subdued tech spending. Despite a 6.2% YoY net profit increase, concerns over near-term growth prospects weighed on the stock.

Infosys reported weak 2Q results, missing revenue and margin estimates. Revenue grew 1.2% CC, while EBITM declined 10bps. The company revised its FY27 revenue growth guidance down to 1-2% CC. Emkay Global Financial maintains a 'Buy' rating with a target price of Rs 1300, citing AI growth and large deals.

Infosys (INFY) cut its FY27 revenue growth forecast to 1%-2% from 1.5%-3%, citing weak North America demand. Shares fell 2.7% on the news. Q2 net income was 78.2B rupees, slightly below estimates. The company attributes the downgrade to clients reducing large IT projects.