Infosys Raises FY26 Revenue Guidance, Retains Margin Outlook

Infosys raised its FY26 constant-currency revenue growth guidance to 3–3.5% and maintained operating margin forecast at 20–22%, the company said on January 16 after reporting Q3 results. Consolidated net profit fell 2% year-on-year to Rs 6,654 crore while revenue rose 9% to Rs 45,479 crore; ADRs jumped to an intraday high of $19.45, settling up 10.4%. Brokers Nomura, Elara Capital and Emkay reiterated positive ratings, assigning target prices between Rs 1,750 and Rs 1,810.
Key Points
- 1Raised FY26 guidance to 3–3.5% constant-currency, retained operating margin guidance at 20–22%.
- 2Reported Q3: revenue +9% YoY to Rs45,479 crore; consolidated net profit down 2%.
- 3Drives stock and ADR rally; brokers reiterate buys with target prices Rs1,750–1,810.
Scoring Rationale
Official results and guidance upgrade drive score; limited novelty and company-specific scope constrain broader impact.
Sources
Public references used for this report.
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