Infosys Q2 Results: Profit rises 6% YoY to Rs 7,823 crore; co lowers revenue guidance
The Indian IT services giant Infosys posted consolidated net profit of Rs 7,823 crore in Q2, up from Rs 7,364 crore year-on-year. However, the company revised its FY27 revenue growth guidance downward to 1-2% in constant currency, citing a more cautious outlook. This guidance cut signals management's concern about near-term demand headwinds in the global IT services market.
Key points
- Q2 net profit grew 6% YoY to Rs 7,823 crore
- FY27 revenue guidance reduced to 1-2% from 1.5-3%
- Constant currency guidance suggests caution on client spending
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Economic Times Tech did the reporting; read the original for the full story.
Read the full story at Economic Times Tech
