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Jul
28th
2026
Infosys | Management Changes, Financial Results, Artificial Intelligence, B2B Tag, Management Changes, Financial Performance
Infosys Ltd - 500209 - Announcement Under Regulation 30 (LODR)-Earnings Call Transcript
{ "summary": "Infosys Ltd's Q1 FY27 earnings conference call was held on July 23, 2026. The company reported a revenue growth of 2.4% Y-on-Y and 1% Q-on-Q in constant currency terms. AI services revenue was 8.2% of overall revenue, growing at double-digit Q-on-Q over the last several quarters. Large deals were $3.6 bn with a net new of 61%. Operating margin was 21.1%, and free cash flow was $955 mn. The company revised its revenue growth guidance to 1.5% to 3% Y-on-Y growth in constant currency terms, citing one-off revenue impact, softer volumes, and increased competitiveness. The operating margin guidance remains the same at 20% to 22%. The company is confident in its strategy, discipline in investments, and focus on delivering stronger performance. The Board has appointed Ashiss Dash as the new CEO, who will take over on April 1, 2027, and work with Salil Parekh for the next few months before taking over as CEO. Dash has been with Infosys for 31 years and has experience in delivery, sales, and account management. He will focus on making AI work for clients and driving growth in the company's AI business. The company is confident in its ability to navigate the competitive landscape and is focused on delivering strong performance in the future." }
Bombay Stock Exchange