Infosys (NSE:INFY) posted modest Q1 growth with AI revenue gains and strong cash, yet cut FY27 guidance amid softer demand and pricing pressure, prompting a JPMorgan downgrade as the board names long‑time executive Ashiss Kumar Dash CEO‑designate and declares a Rs25 dividend.

Previous Week Recap

  • INFY Q1 Revenue Beat; AI Revenue 8.2%: INFY Q1 FY27 revenue $5.08B (+2.4% CC), EBIT margin 21.1%, net profit ≈₹7,770cr, AI revenue 8.2%, large-deal TCV $3.6B, FCF $955M, cash $3.9B, FY27 revenue guide 1.5–3.0%.
  • JPMorgan Cuts INFY to Neutral: JPMorgan cut INFY to Neutral and lowered its target to $10.90 from $12.70 after fiscal Q1 missed revenue expectations, reduced FY27 growth guidance, and cited AI pricing pressure.
  • Ashiss Kumar Dash Named CEO-Designate: Infosys (INFY) named Ashiss Kumar Dash CEO-designate; he will become CEO and MD on April 1, 2027, for a five-year term. Transition includes handover and mentorship from current CEO Salil Parekh.
  • Infosys Cuts Revenue Guidance: Infosys cut its top revenue guidance after weaker near-term demand and tech budget cuts by clients, and promoted an internal executive to CEO; sales outlook scaled back accordingly.
  • INFY Declares Final Dividend: Infosys (INFY) declared a final dividend of Rs 25.00/share on Apr 24, 2026, record/effective date Jun 10, 2026. Prior interim dividend was Rs 23.00/share on Oct 16, 2025.
  • AI Momentum Drives Revenue Growth: Infosys (INFY) cites AI-driven revenue growth, naming partnerships and faster deployment of Topaz and Cobalt platforms as key drivers as AI momentum converts into commercial sales.
  • Energy Vertical Head Named CEO: Infosys says its energy vertical head, a 30+ year veteran, will become CEO for a five-year term starting 2027; board cited his strategic and delivery experience.
  • INFY ADR Fined €175,000: Infosys ADR (INFY) was fined €175,000 by French labor authorities over work-time recording violations; company says the penalty won’t materially affect its finances or operations.

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