Archive · 23 Jul 2026
Infosys Q1FY27 Preview: Key Factors to Watch
Infosys, a big IT company in India, is going to share its financial results for the first quarter of the fiscal year 2027.
People are watching to see if Infosys can do better than other companies like TCS, Wipro, and HCLTech.
There are five important things to look at: how much money Infosys makes, how it grows, the effect of new technology like AI, how much profit it keeps, and how many big deals it signs.
Some experts think Infosys will do well, while others think it might face challenges.
The most important thing is what Infosys says about its plans for the rest of the year.
Infosys is expected to announce its Q1FY27 results on July 23.
Analysts have differing views on Infosys' FY27 revenue growth guidance.
Infosys is expected to report around 2% sequential revenue growth in constant currency for Q1FY27.
Margins are expected to improve by 40 basis points quarter-on-quarter to approximately 21.4%.
Infosys is expected to report large deal wins worth $2.5-2.75 billion in Q1FY27.
- Who
- Infosys, India’s second-largest IT services company by market cap
- What
- Preview of Infosys Q1FY27 financial results and key factors to watch
- When
- Results to be announced on July 23
- Where
- Global IT services market
- Why
- To assess Infosys' performance and future guidance amidst industry trends and macroeconomic pressures
Optimistic View
Pessimistic View
Revenue Growth Guidance
Optimistic View
Kotak expects Infosys to raise its FY27 revenue growth guidance to 2-3.5% in constant currency, including the impact of the Optimum Healthcare acquisition.
Pessimistic View
Motilal Oswal expects Infosys to lower the upper end of FY27 revenue growth guidance by 50 basis points to 1.5–3.0% YoY CC.
Margin Impact
Optimistic View
Motilal Oswal expects operating margin to improve by 40 basis points quarter-on-quarter to approximately 21.4%, aided by cost efficiencies and reversal of visa-related costs.
Pessimistic View
Kotak Institutional Equities expects margins to remain under pressure due to macroeconomic uncertainty and pricing pressure from AI.
- Company
- Infosys
- Expected Q1FY27 Revenue Growth
- 2% sequential in constant currency
- Expected Q1FY27 Organic Revenue Growth
- 0.9% in constant currency
- Expected Q1FY27 Operating Margin
- 21.4%
- Expected Q1FY27 Deal TCV
- $2.5-2.75 billion
- FY27 Revenue Growth Guidance (Motilal Oswal)
- 1.5–3.0% YoY CC
- FY27 Revenue Growth Guidance (Kotak)
- 2-3.5% in constant currency
Sources
Infosys Q1FY27 preview: From FY27 guidance, AI pricing pressure to margin impact- 5 key factors
Infosys Q1FY27 LIVE: Will the IT major trim the FY27 guidance? Focus on AI pricing, margins & large deal wins
Q1 results 2026: Infosys to IndiGo among companies to declare Q1 results today; full list here
Infosys Q1 results LIVE: Guidance cut likely for the IT major - Here's what brokerages expect?