Infosys trims FY27 revenue growth outlook, shares slide
Infosys announced that its fiscal year ending March 2027 revenue growth target has been lowered to a range of 1%‑2%, down from the prior 1.5%‑3% range. For the July‑September quarter, revenue rose 10.7% year‑over‑year to 492.44 billion rupees (about $5.19 billion), while net profit increased 6.2% to 78.23 billion rupees. The company also reported a 7.3% constant‑currency increase in its energy‑services segment and $5.2 billion of deal wins. The guidance revision triggered an 8% pre‑market decline in its U.S.–listed shares.
Why it matters
The reduced growth guidance signals weaker demand and may pressure earnings expectations, prompting investors to reassess valuation (the share price fell about 8% pre‑market, per the material).
Key facts
- 1Revenue growth guidance for FY27 was revised to 1%‑2%, from the earlier 1.5%‑3% range. investing.com
- 2Q2 revenue increased 10.7% YoY to 492.44 billion rupees ($5.19 billion). investing.com
- 3Net profit rose 6.2% to 78.23 billion rupees. investing.com
- 4Energy‑services revenue grew 7.3% YoY on a constant‑currency basis. investing.com
- 5Deal wins totaled $5.2 billion, up from $3.1 billion a year earlier. investing.com
- 6U.S.–listed shares dropped roughly 8% in pre‑market trading. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.