Infosys Shares Slide as Fiscal 2027 Revenue Guidance Misses Expectations

Apr 23, 2026 15:31 UTC

INFY

Short term

Indian IT giant Infosys saw its stock price drop approximately 7% following a disappointing outlook for the 2027 fiscal year. Despite reporting revenue growth in the most recent quarter, the company's future projections failed to meet analyst benchmarks.

Shares declined by approximately 7% on Thursday
Revenue guidance for fiscal 2027 came in below analyst estimates
Q4 IFRS revenue reached $5.04 billion
Year-over-year revenue growth for the quarter was 6.6%
Previous year Q4 revenue stood at $4.73 billion

Shares of the Indian technology consultancy firm Infosys (INFY) experienced a sharp decline on Thursday, falling roughly 7% after the company issued revenue growth guidance for fiscal 2027 that fell short of market expectations. The sell-off highlights investor sensitivity to growth trajectories within the global technology consultancy sector, as clients potentially tighten spending on digital transformation and IT infrastructure projects. For the fourth quarter ending March 31, Infosys reported IFRS revenue of $5.04 billion. This represents a 6.6% increase year-over-year compared to the $4.73 billion reported in the same period last year. While the quarterly revenue growth remained positive, the market reacted negatively to the forward-looking guidance. The discrepancy between the reported growth and the future outlook suggests a potential slowdown in momentum for the consultancy firm, prompting a rapid correction in share price.