Infosys Forecasts Muted Revenue Growth Amidst North American Weakness

BENGALURU: Infosys on Thursday projected modest revenue expansion for the upcoming fiscal year, citing continued sluggishness in North America and tighter spending by clients.

India’s second-largest IT services company anticipates fiscal year 2026 revenue growth of 0%-3%. This figure is below analysts’ consensus estimates, which had projected a growth range of 2-4%. Infosys also issued a conservative revenue growth projection last year, which was later revised upward during the year.

The reported quarter saw a 7.9% increase in revenue, reaching 409.25 billion rupees ($4.79 billion USD) year-over-year. However, this fell short of analyst expectations, which had estimated 420.73 billion rupees, according to data compiled by LSEG.