Infosys Lowers FY27 Guidance Despite Q2 Profit Rise

Infosys reported a consolidated net profit of ₹7,823 crore for the September quarter, marking a 6.2% year-on-year increase alongside a revenue rise of 10.2% to ₹49,244 crore.

The IT major lowered its FY27 revenue growth guidance to 1%-2% from the earlier range of 1.5%-3%, citing pricing pressures and intense competition.

The board approved an interim dividend of ₹26 per share, with November 3 fixed as the record date and payment scheduled by November 11.