To factor in Q4 slippages in third party revenue deal and the soft guidance, Nirmal Bang trims its EPS estimates by 2.4% and 0.9% for FY26 and FY27, respectively and maintains 'Buy'
Infosys guided for 0-3% constant currency growth in FY26 (ex-acquisitions), reflecting macro uncertainty, cautious client behaviour, and slower ramp up of recent deal wins.
(Photo: Vivek Amare/NDTV Profit)
Infosys reported a mixed Q4 FY25 with lower-than-expected revenue growth of - 4.2%/ -3.5% QoQ in USD/constant currency terms, largely due to higher-than-expected reduction in third-party revenue, seasonality, and lower volumes.