Infosys500209Information technology services
Infosys posted a 1.2% revenue growth in Q2, with its ADR falling about 6% as the guidance cut weighed on sentiment
By ScoutQuest · · 1 min read
- Revenue growth this quarter
- 1.2 percent
- AI revenue share
- 10.2 percent
- ADR decline today
- 6 percent
- Rupee appreciation
- 2 percent
- Tech Mahindra growth
- 2.4 percent
Heard on business television between 16:19:35 - 16:22:35 IST.
- Infosys revenue growth came in at 1.2%, aided partly by acquisitions.
- Analysts compared Infosys to peers: Tech Mahindra grew 2.4% organically, HCL Tech 2.3% (aided by acquisitions), TCS about 0.5% (dragged by India business), Wipro flat.
- Infosys ADR fell nearly 6%, reflecting disappointment over the guidance cut, the second or third consecutive quarter of such cuts.
- Analyst Sandeep said margin pressure could come from upcoming wage hikes (not yet given by Infosys) and rupee appreciation of nearly 2%, which erodes the currency tailwind IT exporters enjoyed.
- He maintained a positive medium-term view on the IT sector citing improving net additions, strong deal wins and rising AI revenue (currently 10.2%), though near-term stock reaction may be muted given recent run-up.
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Source: Live TV News Channel · 23 Oct 2026
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