Infosys Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Infosys reported Q1 FY27 revenue growth of 2.4% year-on-year and 1% quarter-on-quarter in constant currency, with operating margin at 21.1% and free cash flow of $955 million. Management cut its full-year revenue growth guidance to 1.5%-3% in constant currency, citing a one-time client program termination, softer volumes, and pricing pressure from AI-driven productivity demands, while maintaining operating margin guidance of 20%-22%. The company also announced that CEO Salil Parekh will be succeeded by Ashiss Dash effective April 1, 2027, following a transition period.
Infosys reported full-year FY26 revenue growth of 3.1% in constant currency and Q4 growth of 4.1% year-on-year, with operating margin stable at 21% for the year and 20.9% in Q4. Management guided FY27 revenue growth of 1.5% to 3.5% in constant currency and operating margin of 20% to 22%, citing growth in AI services and Financial Services alongside continued competitive intensity and productivity-related compression. Large deal wins totaled $14.9 billion for the year, 28% higher than the prior year, with 55% net new.