Infosys Q2 Results: PAT Jumps 6% YoY To Rs 7,823 Crore, Cuts FY27 Revenue Guidance - Full Earnings Report

Tech giant, Infosys has declared its Q2 results on October 23, 2026. The company bagged a consolidated net profit of Rs 7,823 crore in Q2FY27, registering a growth of 6.2% YoY. Meanwhile, revenue from operations surged by 10.7% YoY. However, Infosys has lowered its revenue guidance for FY27.

Infosys had posted a net profit of Rs 7,364 crore in September 2025 quarter.

Compared to the preceding quarter, Infosys reported 0.7% growth from Rs 7,769 crore in June 2026 quarter.

On the top-line front, Infosys posted revenue from operations at Rs 49,244 crore in Q2FY27, registering a growth of 10.7% from Rs 44,490 crore revenue in Q2FY26. The revenue surged by 2.1% from Rs 48,211 crore in Q1FY27.

EBIT margin stood flat at 21% on year-on-year basis, but slipped 1 basis points from 21.1% margins in Q1FY27. EBITDA came in at Rs 10,330 crore, recording a growth of 10.4% YoY and 1.6% QoQ.

During the quarter under review, Infosys delivered $5,145 million in Q2 revenues, year on year growth of 1.5% and sequential growth of 1.2% in constant currency. Operating margin was stable at 21.0%. EPS growth was 8.7% year on year in rupee terms. TCV of large deal wins was $5.2 billion, with 62% net new.

Meanwhile, H1 revenues grew at 1.9% year on year in constant currency. Operating margin for H1 was at 21.0%.

"We had strong large deals of $5.2 billion, including a mega deal of over $2 billion, reinforcing our position as a trusted partner in the marketplace when clients embark on large and complex transformation programs. Our AI revenue was at 10.5% and grew 29% quarter-on-quarter. As enterprises move to AI adoption at scale, the strong growth in AI revenues is a recognition of our differentiated market positioning and client confidence," said Salil Parekh, CEO and MD.

He added, "We are advising some of the largest global enterprise on their AI strategy and continue to invest in deep domain and technology capabilities to bring new ideas and an integrated ecosystem to help businesses unlock AI value at scale."

The company has lowered its FY27 guidance to 1% to 2% in revenue from earlier 1.5% to 3% forecast. Meanwhile, operating margins guidance is between 20-22%.

"We delivered operating margins of 21.0% in Q2 amidst heightened volatility. Focus on cost and operational efficiency measures while making the required investments, have led to stable margins," said
Jayesh Sanghrajka, CFO. "Free cash flow of $928 million, representing 113.3% of net profit, underscores the financial strength of the business," he added.

Infosys has declared an interim dividend of Rs 26 per share for FY27.