Infosys reported Q2 revenue of $5.145 billion, slightly below analyst expectations, leading to a 4.7% share price decline. The company lowered its full-year revenue growth guidance to 1%-2% in constant currency for fiscal 2027, despite strong demand for large transformation projects and AI services. A significant $5.2 billion in large deal wins, including a $2 billion mega deal, highlights ongoing client trust. CEO Salil Parekh emphasized Infosys's focus on AI strategy and technology investments to support future growth amid modest revenue expansion.
Following Infosys's revenue miss and lowered guidance, shares have seen notable selling pressure. On Pluang, INFY trades at USD 12.60, down 4.69% as of Oct 23, 2026 21:41 WIB, with all order activity currently on the sell side. The stock's market cap stands at $49.53 billion, reflecting investor caution after the earnings update.
Infosys reported $5.145 billion in Q2 revenue, up 1.5% year-on-year in constant currency, with a stable operating margin of 21.0%. The company secured $5.2 billion in large deal TCV, 62% of which were net new, including a mega deal over $2 billion, h...
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Infosys has extended its collaboration with Truist to support the expansion of Truist's AI-first Global Capability Center in Hyderabad, India. This partnership aims to consolidate multiple supplier operations into a unified model, enhancing innovatio...
