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Infosys Reports 8.2% AI Revenue Growth in Q1 with Strong Operating Margins
Infosys announced its Q1 results, highlighting AI revenues at 8.2% and a resilient operating margin of 21.1%. The company's revenue totaled $5,082 million, marking a year-on-year growth of 2.4%. Infosys achieved large deal wins valued at $3.6 billion, where 61% were new contracts. Free cash flow stood robust at $0.96 billion.
For fiscal year 2027, Infosys revised its revenue growth guidance to 1.5%-3.0% in constant currency, maintaining margin guidance at 20%-22%. CEO Salil Parekh emphasized the company's strategic partnerships with AI leaders, driving operational productivity and growth. CFO Jayesh Sanghrajka highlighted the company's focus on AI investments and talent development to sustain financial performance.
Infosys continues to expand its collaborations with major enterprises, including Mercedes-Benz and Nokia, further reinforcing its leadership in AI-first solutions. These partnerships are integral to modernizing technology landscapes and enhancing client services.
R. H.
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