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via business-standard.comBusiness & Companies

Infosys Q2 net profit rises 6.2%, but FY27 revenue guidance is cut

FROM THE WIRE · BUSINESS-STANDARD.COM

The company has guided for revenue growth of 1 per cent to 2 per cent, down from the earlier 1.5 per cent to 3 per cent for FY27

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe lower revenue guidance weighs on expectations for the Indian IT sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2 net profit rose 6.2% to 7,823 crore rupees.
  2. 02Revenue grew 10.7%.
  3. 03FY27 revenue growth is now guided at 1% to 2%, down from 1.5% to 3%.

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