Infosys’ American Depository Receipt fell 7.56% to $12.22 in pre‑market trading on Friday, October 23, after the Bengaluru‑headquartered IT services firm lowered its revenue growth guidance for FY27. The company trimmed its outlook to 1%‑2% from the earlier 1.5%‑3% range, while keeping operating margin guidance at 20%‑22%. The drop came after the firm reported a consolidated net profit of ₹7,823 crore in Q2, up 6% year‑on‑year from ₹7,364 crore.

Revenue from operations rose 11% annually to ₹49,244 crore, and on a sequential basis it increased 2.14% from ₹48,211 crore. In dollar terms, revenue grew 1.5% sequentially to $5,145 million, and in constant currency terms the company registered 1.2% growth. Operating margin remained stable at 21.0%, and earnings per share grew 8.7% year‑on‑year in rupee terms.

The earnings release highlighted that revenue from artificial intelligence accounted for 10.5% of total revenue and rose 29% quarter‑on‑quarter. Total contract value of large deal wins reached $5.2 billion, with 62% net new. CFO Jayesh Sanghrajka noted that operating margins were maintained amid volatility through cost and operational efficiency measures, while necessary investments were made.

The board announced an interim dividend of ₹26 per share. On the National Stock Exchange, Infosys shares settled at ₹1,153.8, up 0.04% for the day, after market hours. From the start of the year, the stock has declined 29%; over the past month it has gained 13%, and it has fallen 7% in the last six months.

Infosys shares hit a 52‑week high of ₹1,728 on February 3, 2026, and a 52‑week low of ₹980.40 on September 29, 2026. As of October 23, 2026, the company’s market capitalisation stood at ₹4.68 lakh crore. The article is for informational purposes only and does not constitute investment advice.