Infosys cut its fiscal 2027 constant-currency revenue growth guidance to 1% to 2% in a statutory filing with the US Securities and Exchange Commission on 23 October 2026 [1].
The company reported second-quarter revenue of $5,145 million, up 1.5% year on year in constant currency, while operating margin ran at 21.1% [1]. The cut is the company's second downward revision in two quarters, following a reduction to 1.5% to 3% in July [1].
Net profit fell to $817 million from $839 million a year earlier, representing a 2.6% decline [1]. The filing notes AI-related revenue grew 29% quarter on quarter to reach 10.5% of total revenue, though the metric is defined internally by the company [1].
What it measures
The condensed consolidated IFRS financial results for the quarter ended 30 September 2026, filed under the Securities Exchange Act of 1934 [1]. Because Infosys is one of India's largest technology employers, its forward-looking guidance provides a direct indicator of enterprise spending on outsourced software engineering and maintenance [1].
What it does not tell you
The filing provides no explanation for the guidance reduction and contains no employee headcount census [1]. The release reports a 2.6% decline in US dollar net profit, whereas domestic financial reporting headlined a 6.2% increase in Indian rupees, a currency difference the filing does not reconcile [1].
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