Infosys Q2 FY27 Results (Image Source: iStock)
\n\nInfosys reported a rise in second-quarter profit and revenue for FY27, supported by strong deal wins and growing demand for artificial intelligence (AI) services. However, persistent uncertainty in the global economy and cautious client spending prompted the IT major to lower its revenue growth outlook for the full financial year.
\n\nThe company now expects revenue growth of 1 per cent to 2 per cent in FY27, compared with its earlier forecast of 1.5 per cent to 3 per cent. The revised guidance highlights the challenges facing the IT services industry, even as companies continue to invest in digital transformation and AI-led solutions.
\n\nFor the quarter ended September 30, 2026, Infosys posted a 6.2 per cent year-on-year (YoY) increase in consolidated net profit to Rs 7,823 crore. On a sequential basis, net profit grew 0.7 per cent.
\n\nRevenue for the quarter rose 10.7 per cent YoY to Rs 49,244 crore. While the revenue figure exceeded market expectations, the company's net profit came in below analysts' estimates.
\n\nInfosys Q2 Results: Revenue Rises, Profit Misses Estimates
\n\nInfosys' second-quarter performance presented a mixed picture, with revenue growth exceeding expectations but profitability falling short of forecasts.
\n\nAccording to…
Original source: https://www.timesnownews.com/business-economy
