Infosys Q1 Results: FY27 revenue growth seen between 1.5% to 3%; Margin outlook maintained

Bengaluru-based technology services provider Infosys Ltd. now expects revenue growth for financial year 2027 to be between 1.5% to 3%. The management had earlier guided for the figure to be between 1.5% to 3.5% in constant currency terms for the full year.

EBIT margin guidance for the year was maintained between 20% to 22%.

Infosys reported constant currency revenue growth of 1% on a sequential basis during the June quarter. The figure is lower than Tech Mahindra's 2.6% growth during the quarter, but higher than the rest of its largecap peers such as TCS (+0.4%), HCLTech (-0.5%) and Wipro (-1.2%). Analysts who cover Infosys had projected the figure to be around 1.8%.

For the June quarter, Infosys reported US Dollar revenue of $5,082 million, which is in-line with the CNBC-TV18 poll of $5,127 million. On a sequential basis, Infosys reported US Dollar revenue growth of 0.8%.

In rupee terms, Infosys reported topline growth of 3.9% quarter-on-quarter. The ₹48,211 crore figure was marginally with the CNBC-TV18 poll estimate of ₹48,431 crore.

Infosys reported Earnings Before Interest and Tax (EBIT) of ₹10,163 crore, which is higher by 4.3% from the March quarter. A CNBC-TV18 poll was working with a figure of ₹10,212 crore.

EBIT margin for the quarter stood at 21.1%, an expansion of 20 basis points from the previous quarter. The CNBC-TV18 poll was working with a 21.1% EBIT margin figure, which is at the mid-point of the 20-22% guided range.

Infosys has also declared the name of Ashiss Kumar Dash as CEO-designate, who will be taking over from Salil Parekh starting April 1, 2027.

Shares of Infosys ended little changed ahead of the results announcement at ₹1,052.9. The stock has declined 35% so far in 2026.