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Infosys Q2 results: Net profit rises 6.2% to ₹7,823 cr, revenue up 10.7%
Sentiment: NeutralHigh Priority
What Happened?
Infosys reported a 6.2% increase in net profit to ₹7,823 crore for Q2 FY27. However, the company lowered its revenue growth guidance for FY27 to 1-2%.
Key points
- Infosys' net profit for Q2 FY27 was ₹7,823 crore, up 6.2% YoY.
- Revenue increased by 10.7% YoY to ₹49,244 crore.
- The company reduced its FY27 revenue growth guidance to 1-2%.
- North America revenue declined by 1.6% YoY, while Europe grew by 3.9%.
- Infosys reported a total contract value of $5.2 billion in large deals.
- The company announced an interim dividend of ₹26 per share, a 13% increase from last year.
Key insights
- The reduction in revenue guidance indicates potential challenges in the market.
- Strong AI revenue growth reflects increasing client trust in Infosys' capabilities.
- The interim dividend increase suggests a commitment to returning value to shareholders.
Why it matters
The revised revenue guidance may impact investor confidence and future growth expectations.
Tags
Entities
Infosys· CompanySalil Parekh· PersonJayesh Sanghrajka· Person
Source
Business Standard
