Infosys ADRs fall over 4% as Q1 revenue guidance cut overshadows profit growth

Infosys reported a 12.2 percent year-on-year rise in Q1 net profit to Rs 7,769 crore and 14 percent revenue growth to Rs 48,211 crore, but trimmed its FY27 constant currency revenue growth guidance to 1.5-3 percent from the prior 1.5-3.5 percent range. Operating margin came in at 21.1 percent and the company retained its 20-22 percent margin band. American Depositary Receipts fell over 4 percent as investors weighed weaker constant currency growth of 2.4 percent and continued caution on discretionary technology spending, though management highlighted that AI-related revenue rose to 8.2 percent of total revenue and large deal TCV stood at $3.6 billion.