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  1. Infosys ADR falls over 7% as IT major lowers annual revenue growth guidance; everything investors need to know

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Infosys ADR falls over 7% as IT major lowers annual revenue growth guidance; everything investors need to know

image Ahana Chatterjee

3 min read | Updated on October 23, 2026, 17:56 IST

SUMMARY

The company’s revenue from operations during the quarter rose 11% annually to ₹49,244 crore, and on a sequential basis, revenue rose 2.14% from ₹48,211 crore.

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From the beginning of the year, Infosys shares have declined 29%. Image: Shutterstock

Infosys’ American Depository Receipt (ADR) declined over 7.5% in the pre-market session on Friday, October 23, after the Indian IT services firm cut its revenue growth guidance for the current financial year (FY27).
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The Bengaluru-headquartered company lowered its revenue guidance to 1%-2% for FY27 from its earlier guidance of 1.5%-3% but maintained operating margin guidance of 20%-22%.

Data from Investing.com showed that Infosys’ ADR fell 7.56% to $12.22 in pre-market trading, compared with the previous close of $13.22.

The country’s second-largest IT services firm on Friday reported a consolidated net profit of ₹7,823 crore in the second quarter of the current financial year, marking an increase of 6% from ₹7,364 crore a year earlier. On a sequential basis, its net profit rose 0.7% from ₹7,769 crore.

The company’s revenue from operations during the quarter rose 11% annually to ₹49,244 crore, and on a sequential basis, revenue rose 2.14% from ₹48,211 crore.

In dollar terms, Infosys' revenue rose 1.5% sequentially to $5,145 million and in constant currency terms, the company registered revenue growth of 1.2%.

Infosys in an earnings release said that its revenue from artificial intelligence (AI) came in at 10.5% of the total revenue and rose 29% quarter-on-quarter.

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, Infosys said.

“We delivered operating margins of 21.0% in Q2 amidst heightened volatility. Focus on cost and operational efficiency measures while making the required investments, which have led to stable margins,” said Infosys CFO Jayesh Sanghrajka.

Infosys share price trends

On Friday, shares of Infosys settled at ₹1,153.8 apiece on the National Stock Exchange, rising marginally by 0.04%. The earnings, however, came after the market hours.

From the beginning of the year, Infosys shares have declined 29%. Over a month’s time, the stock has gained 13%, while it has fallen 7% in the past six months.

Shares of the firm had hit a 52-week high of ₹1,728 on February 3, 2026, and a 52-week low of ₹980.40 on September 29, 2026.

According to NSE data, as of October 23, 2026, Infosys has a total market capitalisation of ₹4.68 lakh crore.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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