Infosys Q1 FY27 Results Preview: Net Profit, Revenue Estimates and FY27 Guidance Outlook
By Kaushik Brahmakshatriya
Published On 23 July 2026.
Infosys Q1 FY27 results
Infosys, India’s second-largest IT services company, is set to report its June 2026 quarter (Q1 FY27) earnings on Thursday, July 23, 2026, after market hours. The Bengaluru-headquartered firm typically declares results around 3:45 PM IST, followed by a media briefing and an analyst call later in the evening. Ahead of the formal announcement, brokerages have shared a range of estimates for revenue, profit, and margins, along with what to expect from management on FY27 guidance.
Infosys Q1 FY27: Analyst Expectations
Brokerage estimates vary, but most point to healthy year-on-year growth in both revenue and profit, even as sequential numbers may cool off slightly from a strong Q4 FY26 base. Big-ticket deal wins, BFSI segment strength, and the absence of the usual annual wage hike are the key tailwinds analysts are tracking this quarter.
Infosys Q1 FY27 Brokerage Estimates (₹ Crore)
| Brokerage | Estimated Revenue | Estimated Net Profit | Estimated EBIT Margin |
| Axis Securities | ₹48,916 crore | ₹8,103 crore | 21.3% |
| YES Securities | ₹47,550 crore | — | ~21% |
| Nomura | — | ₹7,679.70 crore | — |
| Centrum Broking | ₹48,393 crore | ₹7,806 crore | — |
Quarterly Comparison: Q1 FY27 vs Q4 FY26 vs Q1 FY26
| Metric | Q1 FY26 (Actual) | Q4 FY26 (Actual) | Q1 FY27 (Estimated Range) |
| Revenue | ₹42,279 crore | ₹46,402 crore | ₹47,550 – ₹48,916 crore |
| Net Profit | ₹6,921 crore | ₹8,501 crore | ₹7,680 – ₹8,103 crore |
| EBIT Margin | — | — | 21.1% – 21.4% |
Note: Q1 FY26 and Q4 FY26 figures are Infosys’s officially reported actuals. Q1 FY27 figures shown above are pre-results brokerage estimates and are subject to revision once Infosys declares official results.
Key Discussion Points for the Earnings Call
Beyond the headline numbers, a few threads are likely to dominate management commentary this quarter:
* FY27 revenue guidance:
Infosys had earlier guided for 1.5% to 3.5% constant currency growth for FY27. Whether the company retains, narrows, or revises this range will be closely watched.
* Client spending caution:
Some brokerages flag softer spending from select clients in retail, manufacturing (notably the German auto sub-segment), and communications, even as BFSI demand stays firm.
* Large deal wins (TCV):
Total contract value signed during the quarter is a key indicator of future revenue visibility, alongside progress on AI-linked deals.
* Margin trajectory:
With no wage hike this quarter and continued cost optimisation under Project Maximus, margins are expected to hold steady or improve marginally.
* Global macro impact:
Commentary on how ongoing global uncertainty, including Middle East tensions and shifting US client budgets, is affecting decision-making cycles will be a key data point for investors.
Frequently Asked Questions (FAQ)
Q1. When will Infosys announce its Q1 FY27 results?
Infosys is scheduled to announce its Q1 FY27 (June quarter) results on Thursday, July 23, 2026, after market hours, typically around 3:45 PM IST.
Q2. What is Infosys expected to report for net profit in Q1 FY27?
Brokerage estimates place net profit roughly between ₹7,680 crore and ₹8,103 crore, reflecting healthy year-on-year growth from the ₹6,921 crore reported in Q1 FY26, though a modest sequential dip from Q4 FY26’s ₹8,501 crore is possible.
Q3. What revenue growth is expected this quarter?
Estimates range from around ₹47,550 crore to ₹48,916 crore, implying double-digit year-on-year growth, aided by large deal ramp-ups and steady BFSI demand.
Q4. Will Infosys revise its FY27 guidance?
Most brokerages expect Infosys to maintain its existing FY27 constant currency revenue growth guidance of 1.5% to 3.5%, though any change in commentary around client spending could shift this outlook.
Q5. Where can I watch the Infosys earnings call live?
Infosys typically streams its post-results press conference and analyst call live on the Investor Relations section of its official website.
Q6. Why does Infosys Q1 always look weaker sequentially?
The June quarter often shows a dip in profit compared to the January-March quarter due to seasonal factors like furloughs, wage revision timing, and currency movements, even when year-on-year growth remains strong.
Disclaimer :
This article is for informational purposes only and should not be considered investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.We are not responsible for any loss.
