Infosys Share Price: Q2 FY27 Results Oct 23, What to Watch

Infosys Share Price: Q2 FY27 Results Oct 23, What to Watch

By GoPocket Financial Results Published · 5 min read

Summary

Infosys announces Q2 FY27 results on October 23, 2026 at 3:45 pm. Key numbers to track, FY27 guidance, dividend history and how the share price has moved.

Infosys Share Price Ahead of Q2 FY27 Results: Date, Dividend History, Guidance and What to Watch

Infosys will announce its results for the quarter ended September 30, 2026 (Q2 FY27) on Friday, October 23, 2026, according to the company's investor relations page. The results release is due around 3:45 pm IST, followed by a press conference at 4:30 pm and an earnings call at 6:00 pm. Infosys shares closed at ₹1,168 on October 21, up about 17.5% so far in October.

The stock has had a sharp run into the results, after falling to a 52-week low in late September. So tomorrow's numbers, and especially the FY27 revenue guidance, carry more weight than usual. Here's a clear guide to what's known, what to look for, and what last year's numbers were. Track the live Infosys share price on GoPocket.

Key Takeaways

  • Results date: Friday, October 23, 2026, around 3:45 pm IST.
  • Current FY27 revenue guidance: 1.5%–3% growth in constant currency, trimmed in July. Margin guidance: 20%–22%.
  • Q1 FY27: net profit ₹7,769 crore (up 12%), revenue ₹48,211 crore (up 14%).
  • Year-ago Q2 FY26: profit ₹7,364 crore, revenue ₹44,490 crore, interim dividend ₹23 per share.
  • Shares are up about 19% from the September 29 low of ₹980.40 but still about 32% below the February 2026 high.

When Are Infosys Q2 FY27 Results?

EventDate and time (IST)
Results announcementFriday, October 23, 2026, about 3:45 pm
Press conference4:30 pm, streamed on the Infosys investor site
Earnings call with analysts6:00 pm, about 60 minutes

Sources: Infosys Investors page (press release dated October 19, 2026) and PSU Connect, October 19, 2026.

Because the results come out after market hours, the share price reaction will show up on Monday, October 26, 2026. Infosys also has American Depositary Receipts listed on the NYSE, which trade on Friday US time, so ADR moves can give an early signal over the weekend.

What Did Infosys Report in Q1 FY27?

In the April–June 2026 quarter, Infosys reported net profit of ₹7,769 crore, up 12% from ₹6,921 crore a year earlier, Outlook Business reported. Revenue was ₹48,211 crore, up 14%. In US dollar terms, revenue was 5.08 billion, up 3%. Constant currency growth was 2.4% year-on-year and 1% quarter-on-quarter.

MetricQ1 FY27Q2 FY26 (year-ago base)
Net profit₹7,769 crore₹7,364 crore
Revenue₹48,211 crore₹44,490 crore
Operating margin21.1%-
Large deal value (TCV)USD 3.6 billion-
Headcount3,28,062-
Interim dividend-₹23 per share

Sources: Outlook Business (July 23, 2026) for Q1 FY27; Business Standard (October 16, 2025) for Q2 FY26.

GoPocket Analysis: The Rupee Is Doing Much of the Work

One number in Q1 deserves attention. Revenue grew 14% in rupee terms but only 3% in dollar terms. The roughly 11-percentage-point gap is mostly currency: Infosys earns largely in dollars and euros, so a weaker rupee makes the same dollar revenue worth more rupees.

The rupee has stayed weak since then. Business Today reported on October 7, 2026 that the rupee was near a record low around 96.84 to the dollar. If that persists, Q2 rupee revenue and profit could again grow faster than underlying business volumes. So when the results come out, the constant currency growth figure is a better gauge of actual demand than the rupee headline. This is an explanation of how currency affects reported numbers, not a forecast.

What Should Investors Watch in Infosys Q2 FY27 Results?

  • FY27 revenue guidance: Currently 1.5%–3% in constant currency, after being trimmed in July from 1.5%–3.5% given in April. Any change will likely be the biggest driver of the stock reaction.
  • Constant currency growth: The quarter-on-quarter figure shows whether demand is improving from Q1's 1%.
  • Operating margin: Q1 was 21.1%, within the 20%–22% band. Wage hikes and currency both affect this.
  • Large deal wins: Q1 TCV was USD 3.6 billion, 61% of it net new. Deal wins point to revenue a few quarters ahead.
  • Interim dividend: Last year's interim dividend was ₹23 per share. Watch for the amount and record date.
  • Headcount: Hiring or attrition trends hint at how management sees demand.

How Has the Infosys Share Price Moved Before Results?

DateNSE closeNote
February 3, 2026₹1,728.00 (52-week high)-
September 29, 2026₹980.40 intraday (52-week low)-
September 30, 2026₹994.10Quarter-end close
October 12, 2026₹1,020.00Before IT results season
October 16, 2026₹1,161.20+13.8% in four sessions
October 21, 2026₹1,168.00+3.3% on the day

Source: NSE bhavcopy data.

The October rally came as peers reported results. Our coverage of TCS Q2 FY27 results, HCLTech Q2 FY27 results, Wipro Q2 FY27 results and Tech Mahindra Q2 FY27 results covers what the sector has reported so far. You can also compare the TCS share price on GoPocket.

A sharp pre-results rally raises the bar. When a stock runs up before results, even in-line numbers can sometimes lead to a dip if investors had priced in more. That's a common market pattern, not a prediction for Infosys.

What Are the Risks for Infosys Shareholders?

  • Guidance risk: A cut to FY27 guidance would signal weaker demand.
  • Client spending: Demand from US and European clients drives most revenue, and discretionary tech budgets have been cautious.
  • AI disruption: Automation could reduce billable work in traditional IT services even as it opens new deal types.
  • Currency swings: A strengthening rupee would reverse the currency tailwind seen in recent quarters.

Sources

Disclaimer: This article is for information and educational purposes only. It is not a recommendation to buy, sell or hold Infosys or any other security, and it does not predict the results. Share prices are as of the October 21, 2026 close. Consult a SEBI-registered investment adviser before investing.

Frequently asked questions

Quick answers to the most common questions about this story.

OPEN ACCOUNT

Infosys will announce results for the quarter ended September 30, 2026 on Friday, October 23, 2026, at about 3:45 pm IST. A press conference follows at 4:30 pm and an analyst call at 6:00 pm, according to the company's investor relations page.

Download GoPocket App - Swift, Secure and Smooth. Perfect for your Online Stock Trading journey.

Using our lightning speed mobile app