By BullScreen Editorial Team 
Infosys shares came under pressure on Friday, July 24, after the IT services major reported its Q1 results 2027 and lowered the upper end of its full-year revenue growth guidance. The stock was last seen trading around 1.5% lower at ₹1,032 on the NSE.
Infosys reported a 12.2% year-on-year rise in consolidated net profit to ₹7,769 crore for Q1 FY27, while revenue increased 14% to ₹48,211 crore. In constant currency terms, dollar revenue rose 2.4% year-on-year and 1% sequentially to $5,082 million.
However, the company lowered its FY27 revenue growth guidance to 1.5%-3%, with organic growth expected at -0.2% to 1.3%. Analysts said the guidance cut was largely expected, but its scale was weaker than consensus estimates.
JPMorgan said the quarter missed revenue expectations, with growth affected by subdued demand, AI-led pricing deflation and contract-related challenges, including issues involving Daimler and the EURS business. Citi also flagged weak organic growth despite healthy margins and total contract value.
The Infosys share price also reacted to the leadership transition. The company named veteran Ashiss Kumar Dash as CEO-designate, effective April 1, 2027, when Salil Parekh completes his second term. Dash has spent 31 years at Infosys and currently heads the EURS vertical.
AI services contributed 8.2% of Q1 revenue, while more than 80,000 employees are using AI coding tools. Analysts believe the new leadership could help Infosys navigate AI disruption, although near-term growth is expected to remain challenging.