Infosys lifts FY26 revenue guidance on deal momentum

The country’s second largest IT services firm, Infosys, on Wednesday raised its revenue growth guidance for FY26, signalling that a prolonged slowdown in global corporate technology spending is beginning to ease, even as quarterly profit took a hit from the impact of the new labour codes.

The Bengaluru-based software services firm now expects revenue to grow 3%–3.5% in FY26 on a constant currency basis, up from its earlier forecast of 2%–3%. Bloomberg consensus had pegged growth at about 3.13%. The raised outlook comes on the back of a healthier demand environment and a strong pipeline of large deals, CEO Salil Parekh said.