# Infosys ADRs Drop 7.5% After Revenue Forecast Trim

> Infosys shares fall 7.5% pre-market as company cuts annual revenue growth forecast to 1%-2%.
- Title: Infosys ADRs Drop 7.5% After Revenue Forecast Trim · mint
- Summary: Infosys shares fall 7.5% pre-market as company cuts annual revenue growth forecast to 1%-2%. Infosys trimmed its annual revenue growth forecast to 1%-2% from…
- Keywords: infosys, revenue forecast, adr, pre-market, revenue growth, q2 net profit, ai competition, news, india, ADRs, Drop, Revenue
- Source: mint — https://livemint.com/market/infosys-adrs-plunge-7-5-in-pre-market-after-company-trims-annual-revenue-growth-forecast-11792758831738.html
- Author: A Ksheerasagar
- Published: 2026-10-23T13:18:11+00:00
- Read time: 1 min
- Topics: infosys, revenue forecast, adr, pre-market, revenue growth, q2 net profit, ai competition, news, india
## Market Reaction
Infosys ADRs plunged 7.5% in pre-market trading on October 23, 2026.
## Revenue Forecast Trim
Company revised annual revenue growth forecast to 1%-2% from 1.5%-3%.
## Analyst Expectations
Most analysts expected the upper end of the forecast to drop to 2.5%, creating a 1.5%-2.5% range.
## AI Competition Impact
Global uncertainty and AI-driven competition from companies like Anthropic and OpenAI slowed demand for IT projects.
## Q2 Profit Results
Infosys reported a 6.2% year-on-year increase in net profit to ₹7,823 crore for Q2.
## AI Revenue Growth
AI-related revenue grew 29% quarter-on-quarter and accounted for 10.5% of total revenue.
## CEO Deal Activity
CEO secured $5.2 billion in deals, including a $2 billion project.
## Key takeaway

Infosys trimmed its annual revenue growth forecast to 1%-2% from 1.5%-3%, causing ADRs to drop 7.5% in pre-market trading.