Infosys Cuts FY27 Growth Guidance Despite $5.2B Deal Wins

27 Oct 2026, 11:06 am · 2h ago · 1 min read · Analytics India MagazineNew

Infosys reported $5.2 billion in large-deal total contract value for the quarter, including a seven-year mega contract worth over $2 billion with a global financial institution. AI-driven revenue increased 29% sequentially, accounting for 10.5% of total revenue. However, the IT major reduced its FY27 constant-currency revenue growth guidance to 1%-2% from 1.5%-3%, marking its second consecutive downward revision. Analysts subsequently downgraded the stock, reflecting industry-wide difficulties in translating large contract wins and AI enterprise demand into immediate top-line revenue growth.