Infosys announced its financial results for the second quarter of fiscal year 2027 (ended September 30, 2026), reporting a year-on-year revenue growth of 1.5% in constant currency, reaching $5,145 million. Operating margin remained stable at 21.0%. The company also secured large deal wins totaling $5.2 billion, with 62% being net new. AI revenue grew 29% quarter-on-quarter.
Infosys Reports Robust Q2 FY27 Performance
Bengaluru, India – October 23, 2026: Infosys, a global leader in AI-first business consulting and technology services, has announced its financial results for the second quarter of fiscal year 2027. The company delivered $5,145 million in Q2 revenues, reflecting a year-on-year growth of 1.5% and a sequential growth of 1.2% in constant currency. Operating margin was stable at 21.0%, and EPS growth was 8.7% year-on-year in rupee terms.
Significant Large Deal Wins
A key highlight of the quarter was the securing of large deal wins totaling $5.2 billion, with 62% attributed to net new business. This strong performance in large deals underscores Infosys’s position as a trusted partner for enterprises embarking on complex transformation programs. The company emphasized its AI strategy, noting that AI revenue grew 29% quarter-on-quarter, reflecting the increasing adoption of AI by enterprises globally.
Financial Highlights and Guidance
For the six months ended September 30, 2026, revenues in constant currency grew by 1.9% year-on-year, with operating margin for H1 remaining strong at 21.0%. The company provided guidance for FY27, expecting revenue growth of 1%-2% in constant currency and retaining its operating margin guidance of 20%-22%.
Dividend Declaration
The Board of Directors announced an interim dividend of ₹26 per share, representing a 13% increase from the previous year, highlighting the company’s financial strength and commitment to shareholder returns. Free cash flow for the quarter was $928 million, representing 113.3% of net profit.
Client Wins and Testimonials
The press release also highlighted several client wins and testimonials, showcasing Infosys’s successful collaborations with major global companies such as Mondelez International, Crocs, Inc., Knorr-Bremse, Metsä Group, NTN Corporation, Telia, and KnitWell Group. These engagements span various areas including supply chain transformation, IT transformation, AI-led enterprise transformation, SAP cloud adoption, and AI-powered platform development, demonstrating the breadth of Infosys’s capabilities and its strategic focus on AI.
Source: BSE
