Economy
Infosys Trims FY27 Revenue Guidance Despite Strong Q2 Deal Wins
Livemint1h
THE BRIEF
1
Infosys lowered its FY27 constant-currency revenue guidance to 1-2% and reported a 10 bps sequential decline in EBIT margin to 21% for the September quarter.
2
The company recorded robust large-deals TCV of $5.2 billion from 19 large deals in Q2FY27, up 44% sequentially and 68% year-on-year.
3
Weak volumes, pricing pressures, AI-led productivity deflation, and a shift toward offshore delivery weighed on performance, leaving Infosys trailing competitors.