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Booz Allen: Fiscal Q2 Earnings Snapshot – WTOP News
India demand and emerging-market growth helped the drugmaker beat profit estimates even as North America sales fell 23% and revenue slipped 1.6%.
- On Friday, Infosys Ltd reported a second-quarter profit of ₹7,823 crore, a 6% year-over-year increase, while trimming its annual revenue growth guidance to 1%–2% due to a softer market environment.
- Subdued volumes, ongoing pricing pressure, and weakness in discretionary spending across retail and high-tech sectors prompted the company to lower its full-year projection from the previous 1.5%–3% range.
- Despite these headwinds, the IT major secured large deals worth $5.2 billion during the quarter, with CEO Salil Parekh noting strong growth in AI-related revenue reflects client confidence and differentiated positioning.
- Infosys retained its full-year operating margin guidance at 20% to 22% while reporting a net addition of 4,000 employees in the quarter, including 8,000 fresh graduates.
- The revised outlook reflects industry-wide challenges in converting AI-led productivity gains into incremental revenue, as clients increasingly tie fees to technology outcomes rather than traditional hours worked.
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Dr Reddy's beats quarterly profit estimate on India market lift
·London, United Kingdom
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Infosys Q2 results, dividend 2026 amount announced: ₹26 per share payout, profit jumps 6.23% YoY - Check record date
Infosys reported a 6.23% year-on-year rise in Q2FY27 net profit to ₹7,823 crore, while revenue increased to ₹49,244 crore. The company approved an interim dividend of ₹26 per share.
·New Delhi, India
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Infosys revises FY27 revenue growth guidance between 1-2%; reduces both upper and lower end of the band
Large deal total contract value (TCV) for the September quarter stood at $5.2 billion, compared with $3.6 billion in the preceding quarter. Over 60 percent of the deal value came in as net-new business.
·Mumbai, India
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Total News Sources23
Leaning Left2Leaning Right4Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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