Infosys Limited (INFY)
The company now
Infosys reported second-quarter revenue of $5,145 million on 23 October, up 1.5 percent from a year earlier in constant currency, which strips out currency swings 1.
Operating margin, the share of revenue left after running costs, was 21.0 percent 1. The company cut its yearly revenue growth guidance to 1 percent to 2 percent in constant currency, from 1.5 percent to 3 percent 15. It kept its margin guidance at 20 percent to 22 percent 1.
Chief financial officer Jayesh Sanghrajka said the quarter was softer, with pricing pressure from competition and from clients asking Infosys to pass on AI-led productivity gains 5. Revenue from North America, over half of sales, fell 1.5 percent, its weakest result in two years 5.
Large deal wins were $5.2 billion, with 62 percent net new, and AI work reached 10.5 percent of revenue, up 29 percent from the first quarter 1. One new seven-year deal worth over $2 billion with a financial services client should begin to add revenue in the next fiscal year, the company said 2.
The open question is leadership: AFP reported that executive vice president Ashiss Kumar Dash is to succeed chief executive Salil Parekh when his term ends in April 7.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.