Infosys says it now expects FY 27 revenue growth of 1% to 2% in constant currency

Infosys said on October 23, 2026, that it now expects revenue growth of 1% to 2% in constant currency for FY 27, a revision from its earlier guidance. It kept its operating margin guidance at 20% to 22% for the same year.

For the quarter ended September 30, 2026, Infosys said revenue grew 1.5% year on year in constant currency and 1.2% from the prior quarter. Reported revenue was $5.145 billion, up 1.3% year on year. Operating margin was stable at 21.0%, and basic earnings per share were $0.20, down 0.3%.

Large deal wins totaled $5.2 billion in total contract value, with 62% net new, including one deal of over $2 billion. Free cash flow was $928 million, down 15.7% year on year, equal to 113.3% of net profit.

For the six months ended September 30, 2026, revenue grew 1.9% year on year in constant currency, and reported revenue was $10.227 billion, up 2.1%. Basic earnings per share were $0.40, up 1.7%. The board announced an interim dividend of ₹26 per share, an increase of 13% from last year.