Key facts: Infosys ADR (INFY) cuts FY growth; $5.2B Q2 deals; After-hours -7%
Infosys (INFY) reduced its FY27 constant-currency revenue growth forecast to 1-2% from 1.5-3% and reported $5.2B in Q2 deals. Shares fell 7% after-hours. Management cited volume weakness, pricing pressure, and wage costs as challenges, though Project Maximus may help offset margin pressures.
How this was made

The 30-second read
Why it matters
The guidance cut signals slower revenue growth, prompting a 7% after‑hours sell; however, the sizable new contract may support longer‑term outlook.
Market read
Primary corporate news with material guidance change and large contract win; immediate price impact and sector implications.
What to watch
Potential offset from Project Maximus and margin recovery in H2 may mitigate the guidance cut.
Background
Infosys announced Q2 FY27 results, cutting FY growth guidance and highlighting a $5.2B deal win.
Ticker impact
INFY cut full-year constant-currency revenue growth guidance to 1%-2% and reported $5.2B Q2 deals, causing a ~7% after‑hours share decline.
likely further pressure as investors price in weaker growth outlook
The guidance reduction is a primary, material update for a large‑cap IT services firm; the after‑hours sell indicates immediate market reaction.
Market effects
Indian IT services sector may see broader valuation pressure as peers are compared to INFY's guidance cut.
Indian equity markets could experience modest downside in tech‑related indices.
Limited global impact; primarily affects investors with exposure to INFY or the broader Indian IT export space.
Counterpoint
If the $5.2B deal pipeline holds, earnings could rebound later in FY, offering a buying opportunity on the dip.
Key entities
- companyInfosys
Indian IT services firm reporting Q2 results and guidance cut.

