Announced Wed, 28 Oct, 2026 · 17:38 IST
Infosys cuts FY27 growth guidance as AI and large deals offset soft demand
INFY · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Infosys Q2 FY27 revenue grew 1.5% year on year and 1.2% sequentially in constant currency. AI revenue rose 29% sequentially to 10.5% of total. Large deals reached $5.2 billion, including a net-new deal above $2 billion, with a healthy pipeline. Operating margin was 21% and free cash flow was $928 million. Management cut FY27 revenue guidance to 1%-2% from 1.5%-3% on soft demand and pricing pressure, but kept margin guidance at 20%-22%.
Likely market impact
Lower revenue guidance may weigh on sentiment and estimates, while strong AI growth, large deals, stable margins and cash flow provide support.