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Infosys Cuts Fiscal 2027 Revenue Growth Outlook to 1% to 2%

Infosys Cuts Fiscal 2027 Revenue Growth Outlook to 1% to 2%

Photo: TokenPost

Infosys lowered its fiscal 2027 revenue-growth outlook to 1% to 2% after posting 1.5% year-over-year constant-currency growth in the quarter ended Sept. 30, narrowing expectations for the year ahead. The new range is down from the 1.5% to 3% forecast the company set in July. The lower end fell by half a percentage point and the upper end by one point. Infosys kept its operating-margin target at 20% to 22%. Revenue for the quarter was $5.145 billion, up 1.3% from a year earlier in reported dollars and 1.5% in constant-currency terms. Revenue increased 1.2% sequentially in constant currency.

Source: TokenPost

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