Infosys Reports Q2 2027 Results with Strong AI Growth and Large Deal Wins Amid Macro Uncertainty
Infosys (INFY) reported second-quarter revenue of $5.145 billion, representing a 1.5% year-over-year increase in constant currency. While overall growth was tempered by macroeconomic headwinds and soft discretionary spending in the retail and high-tech sectors, the company saw significant momentum in artificial intelligence, with AI-related revenue growing 29% sequentially to account for 10.5% of total revenue. The company secured $5.2 billion in total contract value, highlighted by a $2 billion net new mega deal in the financial services segment. Despite pricing pressures and competitive intensity, Infosys maintained an operating margin of 21% through cost-optimization initiatives like Project Maximus. Management provided cautious fiscal 2027 revenue guidance of 1% to 2% growth due to uncertainty in client decision cycles.
Tickers: $INFY
Topics: AI revenue contract wins dividend increase fiscal guidance operating margin revenue growth