Infosys trims FY27 growth outlook as macro clouds persist

Infosys on Thursday narrowed the upper end of its FY27 revenue growth guidance, signalling that macroeconomic uncertainty continues to weigh on client spending despite artificial intelligence (AI) becoming a larger contributor to its business. The country’s second-largest IT services company now expects constant currency revenue growth of 1.5%-3% for FY27, compared with 1.5%-3.5% guided earlier, while retaining its operating margin guidance of 20%-22%.