Infosys Q2 Profit Rises 6.2% to Rs 7,823 Crore
Infosys declared a Rs 26 interim dividend but cut its FY27 revenue growth guidance to 1% to 2%.
Key Takeaways
- Infosys reported a consolidated net profit of Rs 7,823 crore in Q2 FY27, up about 6.2% year on year from Rs 7,364 crore.
- Compared with the June quarter, profit rose only about 0.7%, from Rs 7,769 crore.
- Revenue from operations was Rs 49,244 crore, up about 10.7% year on year and about 2.1% from the June quarter.
- The board declared an interim dividend of Rs 26 per share, with a record date of 3 November 2026.
- FY27 constant currency revenue growth guidance was cut to 1% to 2% from 1.5% to 3%.
Infosys reported a consolidated net profit of Rs 7,823 crore for the second quarter of FY27 (July to September 2026), about 6.2% higher than the Rs 7,364 crore it earned in the same quarter a year earlier. The company announced its results on Friday, 23 October 2026.
Revenue from operations was Rs 49,244 crore, up about 10.7% year on year. The board declared an interim dividend of Rs 26 per share, but the company also cut its full-year revenue growth guidance for FY27.
Infosys Q2 FY27 at a glance
| Detail | Value |
|---|---|
| Consolidated net profit | Rs 7,823 crore |
| Net profit a year earlier (Q2 FY26) | Rs 7,364 crore |
| Net profit in the June quarter (Q1 FY27) | Rs 7,769 crore |
| Revenue from operations | Rs 49,244 crore |
| Revenue a year earlier (Q2 FY26) | Rs 44,490 crore |
| Revenue in the June quarter (Q1 FY27) | Rs 48,211 crore |
| Operating margin | 21.0% |
| Interim dividend | Rs 26 per share |
| Dividend record date | 3 November 2026 |
| Dividend payment date | 11 November 2026 |
Profit grew about 6.2% from last year but barely moved from the June quarter
The year on year profit growth works out to about 6.2% (Rs 7,823 crore against Rs 7,364 crore). Compared with the June quarter, profit rose only about 0.7% from Rs 7,769 crore, so some outlets describe it as nearly flat. Both descriptions are correct; they use different bases.
Revenue tells a similar story. It rose about 10.7% from a year earlier, but only about 2.1% from the June quarter's Rs 48,211 crore. In constant currency, which removes exchange rate effects, revenue grew 1.2% from the June quarter. The gap between rupee growth and constant currency growth is why the headline revenue number looks stronger than the underlying trend.
Where the AI business stands within Infosys revenue
Infosys also reported that AI related revenue grew 29% from the June quarter and made up 10.5% of total revenue. The company kept its operating margin guidance for FY27 at 20% to 22%, and reported a 21.0% operating margin for the quarter.
Infosys cut its FY27 growth guidance to 1% to 2%
The company lowered its FY27 revenue growth guidance to 1% to 2% in constant currency, from the earlier range of 1.5% to 3%.
| Guidance | Earlier | Now |
|---|---|---|
| FY27 revenue growth (constant currency) | 1.5% to 3% | 1% to 2% |
| FY27 operating margin | 20% to 22% | 20% to 22% |
What the guidance cut means for IT companies and their customers
For investors, the main point is the gap between a double digit rupee revenue rise and a much lower constant currency outlook. Rupee numbers can flatter growth when exchange rates move, so it helps to read both. For founders and small businesses that sell to or work with large IT firms, a lower growth outlook signals that clients are being careful with technology budgets.
Will Infosys hold its margin range with slower growth?
Infosys kept its margin guidance unchanged, so the next quarters will show whether it can protect margins while revenue growth slows. Shareholders on record on 3 November 2026 will receive the Rs 26 per share dividend on 11 November 2026.