Weekly Recap: Q2 AI $540M, $5.2B deal and FY27 growth cut to 1–2%
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Infosys Limited Sponsored ADR (NSE:INFY) reported Q2 with $5.145B revenue, ~21% margin and $540M AI revenue but cut FY27 growth to 1–2% amid softer demand, pricing pressure and immigration headwinds; a large ~$5.2B TCV seven‑year deal contrasts with cautious analyst views.
Previous Week Recap
- INFY Q2 Revenue And Margin: INFY Q2 revenue $5.145B, net profit ₹7,823 crore, operating margin ~21%. AI revenue $540M (10.5%). Large deal TCV ~$5.2B with >$2B seven-year contract. FY27 revenue growth guide cut to 1–2%.
3 sources - _INFOSYS Cuts FY27 Guidance_: Infosys (INFY) cut FY27 revenue growth guidance to 1–2% CC from 1.5–3.0% and now projects CQGR of -1.0% to +0.3% for Q3–Q4, citing weaker H1 and soft Hi‑tech/ Retail demand
Moneycontrol - US PERM Suspension Impacts INFY: U.S. suspended new and pending PERM labor certifications affecting Infosys Limited Sponsored ADR (INFY). Infosys says suspension unlikely to be material; separate DOJ immigration probe is ongoing.
2 sources - INFY Q2FY27 Revenue Up: Infosys ADR (INFY) posted Q2FY27 revenue up 1.2% sequentially and 1.5% year-over-year in constant currency, per ...