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Infosys posts $5.2B large deals, 1.5% revenue growth, and 21% margin in Q2; raises FY27 revenue guidance to 1%-2%.

Company Fundamentals
23 Oct 2026
PRNewsWire
View Source
Bullish
Infosys posts $5.2B large deals, 1.5% revenue growth, and 21% margin in Q2; raises FY27 revenue guidance to 1%-2%.

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, highlighting strong market trust. AI revenue grew 29% quarter-on-quarter, now representing 10.5% of total revenue. For FY27, Infosys revised its revenue growth guidance to 1%-2% while maintaining its operating margin forecast at 20%-22%. The results underscore Infosys' leadership in AI-driven business transformation and its robust financial health with strong free cash flow and dividend increase.

Infosys shares are down 8.09% on Pluang as of Oct 23, 2026 19:51 WIB, trading at USD 12.15 despite the company’s strong AI revenue growth of 29% quarter-on-quarter reported in its latest results. The stock shows a high sell order activity at 100%, reflecting cautious sentiment among Pluang investors even as Infosys maintains a solid dividend yield of 3.96%. Market participants are also noting the stock’s proximity to its 52-week low of USD 10.49, contrasting with its $49.53 billion market cap.

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