# Infosys Cuts FY27 Revenue Guidance

> Infosys narrows full-year revenue growth to 1%-2% as AI revenue jumps to 10.5% and large deals hit $5.2 billion.
- Title: Infosys Cuts FY27 Revenue Guidance · BigGo Finance | Shortify
- Summary: Infosys narrows full-year revenue growth to 1%-2% as AI revenue jumps to 10.5% and large deals hit $5.2 billion. Infosys reduced FY27 revenue growth guidance…
- Keywords: infosys, ai revenue, fy27 revenue guidance, large deals, salil parekh, jayesh sanghrajka, q2 2027 earnings call, finance, markets, Cuts, FY27, Revenue
- Source: BigGo Finance — https://finance.biggo.com/news/US_INFY_2026-10-23
- Author: BigGo Finance
- Published: 2026-10-23T12:54:21+00:00
- Read time: 1 min
- Topics: infosys, ai revenue, fy27 revenue guidance, large deals, salil parekh, jayesh sanghrajka, q2 2027 earnings call, finance, markets
## Q2 FY27 Results
Infosys reported Q2 FY27 constant-currency revenue growth of 1.5% year-on-year and 1.2% sequentially.
## AI Revenue Surge
AI revenue surged to 10.5% of total revenue from 8.2% in prior quarter, a 29% sequential increase.
## Large Deal Wins
Large deal total contract value reached $5.2 billion including a net-new mega deal over $2 billion and $1 billion renewal.
## Revenue Guidance Cut
Infosys narrowed full-year revenue growth guidance to 1%-2% from 1.5%-3% citing softer volume and pricing pressure.
## CEO and CFO Response
CEO Salil Parekh and CFO Jayesh Sanghrajka defended the cut as a reflection of increased uncertainty.
## AI Monetization
AI revenue growth is net new with strong traction in large deals and cyber defense opportunities.
## Margin Stability
Operating margin held steady at 21% despite AI investments and talent costs.
## Geographic Mix
Financial services, energy and utilities, and manufacturing led growth while retail and high tech lagged.
## Q4 Mega Deal Impact
Net-new mega deal will contribute less than 1% to FY27 revenue but ramp-up begins in Q4.
## Dividend Increase
Interim dividend raised to INR 26 per share from INR 20.25.
## Headwinds for H2
Wage hikes and pricing pressure expected to weigh on margins in second half of FY27.
## AI and Product Strategy
Infosys uses six-pillar hexagon strategy for AI with strong growth in agent building and legacy modernization.
## Key takeaway

Infosys reduced FY27 revenue growth guidance to 1%-2% from 1.5%-3% amid AI revenue growth and large deal wins.