Infosys Q1FY27: New CEO, wage hike from January and trim in revenue guidance- 5 key highlights
Infosys, India’s second-largest IT services company, reported a 12.2% year-on-year (YoY) rise in its consolidated net profit to Rs 7,769 crore in Q1FY27, while revenue increased 14% YoY to Rs 48,211 crore. However, What surprised the market in this quarter’s earnings announcement was the appointment of a new CEO, a trimmed revenue guidance, and plans to add 6,000 Forward Deployed Engineers. Infosys also announced timeline for wage hike.
