US EditionIndia's Infosys sees slowing revenue growth over global uncertainty
- Infosys, India's second-largest IT firm, reported its March quarter results, posting an $823.5 million net profit.
- The firm gave a muted forecast, echoing warnings from TCS and Wipro amid economic uncertainty.
- Infosys revenue rose 7.9% to $4.79 billion, but net profit fell 11.75% in the same period.
- CEO Salil Parekh stated the environment was uncertain, adding, "we will execute our plans with agility."
- Infosys expects revenue growth between 0-3% for fiscal year 2026, reflecting caution due to global uncertainty.
12 Articles
12 Articles
Infosys forecasts weak fiscal 2026, joins Indian IT peers in flagging uncertainties
BENGALURU :Infosys on Thursday projected weaker-than-expected revenue growth for fiscal 2026, making it the latest Indian IT firm to flag soft global demand amid economic uncertainty and tighter client budgets.India's second-largest firm said it expects revenue for the fiscal 2026 to be between flat and a ris
Job Cut: Big news! Infosys has fired 240 trainee employees, given 2 options, know details - Business League
Infosys has shown the way out to 240 trainee employees who could not pass the internal assessment. These included system engineers and digital specialist engineers. The company has also given two options for them. Infosys, one of the largest IT companies in India, has once again fired 240 trainees. This decision was taken on 18 April 2025. These trainees (new employees) could not pass the company’s internal test. Earlier in February also, more t…
Infosys Announces Salary Hikes, to Hire Over 20,000 Freshers in FY26
Infosys has kicked off pay rises for its employees. These are to be effective by January for some and by April 1 for all. The hike on average is between 5 to 8 percent, slightly lower than in preceding years. Yet, top performers are getting hikes that range between 10 to 12 percent. Infosys has a performance-based system that categorizes employees into four groups with quite different reward levels. The groups range from 'outstanding', which is …
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