Home / Business and Economy / Infosys Eyes 1.5%-3.5% Revenue Growth in FY27
Infosys Eyes 1.5%-3.5% Revenue Growth in FY27
23 Apr
Summary
- Infosys projects FY27 revenue growth of 1.5% to 3.5% in constant currency.
- EBIT margins are expected to range between 20% and 22% for FY27.
- The company's stock closed 3% lower on Thursday before earnings.
Infosys has unveiled its financial outlook for the fiscal year 2027, projecting a revenue growth of 1.5% to 3.5% in constant currency terms. This guidance falls within the spectrum of analyst expectations, which ranged from 3% to 5% for some, while others foresaw a more conservative 1% to 4% increase.
In addition to revenue forecasts, the technology services provider anticipates robust profitability. Infosys expects its Earnings Before Interest and Taxes (EBIT) margins to be situated between 20% and 22% for the entirety of FY27.
These projections were released following a notable dip in the company's stock performance. Shares of Infosys concluded Thursday's trading day 3% lower, marking the lowest point of the session as investors awaited the earnings announcement. This breaking news will be updated as more details become available.
