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Infosys Shares Fall 2.4% After IT Major Trims Full-Year FY27 Revenue Growth Guidance

in5points
  1. Infosys shares fell 2.4% to an intraday low of ₹1,019.00 on 24 July 2026 after the company trimmed its FY27 revenue growth guidance to 1.5%–3.0% in constant currency terms, down from 1.5%–3.5%.

  2. CEO Salil Parekh cited an uncertain macroeconomic climate and a one-off revenue impact from a specific client decision as reasons for the guidance revision.

  3. Consolidated net profit for Q1 FY27 rose 12.2% year-on-year to ₹7,769 crore, and revenue grew 14% to ₹48,211 crore.

  4. Infosys announced Ashiss Kumar Dash as CEO-designate, effective 1 April 2027, succeeding Salil Parekh.