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Infosys Q2 net profit rises 6.2%; projects weakest growth in seven years

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Infosys Q2 net profit rises 6.2%; projects weakest growth in seven years

Business News Tech IT Infosys Q2 net profit rises 6.2%; projects weakest growth in seven years

Infosys Q2 net profit rises 6.2%; projects weakest growth in seven years

Revenue rose 10.7% yearly and 2.1% quarter-on-quarter to reach Rs 49,244 crore. Infosys lowered its guidance for 2026-27 to 1-2% in constant currency terms, its weakest estimate in seven years, down from an earlier range of 1.5-3%. Last quarter, it had trimmed the upper end from 3.5% earlier.

Infosys, India's second-largest IT company, projected a weaker outlook for this financial year after marginally missing analyst estimates for the second quarter. It reported a 6.2% year-on-year increase in net profit to Rs 7,823 crore, while quarter-on-quarter profit growth was meagre at 0.7%.Revenue rose 10.7% yearly and 2.1% quarter-on-quarter to reach Rs 49,244 crore. Infosys lowered its guidance for 2026-27 to 1-2% in constant currency

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