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Economic Times Reports 1.35% Infosys Gain in Late-Morning Snapshot

Infosys’ latest quarterly results showed 1.5% year-over-year revenue growth in constant currency and a 21.0% operating margin.

Updated 2 min read
Employees enter a glass office building at Infosys' Electronics City campus in Bengaluru, India. / EconoTimes.ai
Employees enter a glass office building at Infosys' Electronics City campus in Bengaluru, India. / EconoTimes.ai

Infosys shares were up 1.35% at ₹1,138.25 in a late-morning snapshot reported by The Economic Times; the Indian IT services firm’s latest results showed 1.5% annual revenue growth in constant currency.

The outlet’s timestamped entry put the share price at 2:26 a.m. ET (11:56 a.m. IST) Oct. 29. Earlier entries listed ₹1,128.45, up 0.48%, at 12:55 a.m. ET (10:25 a.m. IST), then ₹1,133.10, up 0.89%, at 1:45 a.m. ET (11:15 a.m. IST). A later update at 2:33 a.m. ET (12:03 p.m. IST) showed ₹1,136.45.

For the quarter ended Sept. 30, Infosys recorded $5.145 billion in revenue. That was 1.3% above the year-earlier level on a reported basis and 1.5% higher in constant currency; compared with the previous quarter, constant-currency revenue rose 1.2%. The company’s Oct. 23 results release put operating margin at 21.0%. CEO and Managing Director Salil Parekh said, “Our AI revenue was at 10.5% and grew 29% quarter-on-quarter.”

Results varied by business line. Energy, Utilities, Resources & Services revenue increased 7.3% year over year in constant currency, and life sciences revenue rose 32.5%. Revenue declined 7.7% in retail and 17.3% in hi-tech. Operating margin was 0.1 percentage point lower than in Q1; CFO Jayesh Sanghrajka said the company delivered a 21.0% margin amid “heightened volatility.”

Large-deal total contract value (TCV) reached $5.2 billion in the quarter, with 62% classified as net new. Infosys set fiscal 2027 revenue growth guidance at 1%-2% in constant currency, alongside an operating-margin range of 20%-22%. EconoTimes previously covered the reduction in the fiscal 2027 growth outlook.

Infosys’ board declared an interim dividend of ₹26 per share in its Oct. 23 filing. The record date is Nov. 3, and payment is scheduled for Nov. 11.

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