Infosys on Thursday projected weak revenue growth for the fiscal year as ongoing softness in North America underscored tighter client budgets.

India’s second-largest firm said it expects revenue for the fiscal 2026 to grow of 0%-3%, below analysts’ expectations of a forecast of 2-4%. Last year too, Infosys forecast downbeat revenue growth, which it upgraded during the year.

Revenue for the reported quarter rose 7.9% to ₹40,925 crore ($4.79 billion)(USD) year-on-year, missing analyst estimates of ₹42,073 crore, per data compiled by LSEG. ($1 = 85.3630 Indian rupees)

Published on April 17, 2025