Business news · AI & Tech · 23 Jul 2026
AI: India AI · Enterprise software · Infosys — more AI news
Infosys reported first-quarter FY27 revenue of $5,082 million, up 2.4% from a year earlier, with an operating margin of 21.1%, 0.2 points higher than the previous quarter. For the first time in a results headline it gave the share of revenue from AI, at 8.2%. The total contract value of large deal wins was $3.6 billion, of which 61% was net new. The company set FY27 revenue growth guidance at 1.5% to 3.0% in constant currency and kept its operating margin guidance at 20% to 22%.
An 8.2% AI share of $5,082 million implies a little over $400 million of AI revenue in the quarter for India's second-largest IT exporter, which gives investors a figure to set beside TCS's $2.6 billion annualised number. The $3.6 billion of large deals, 61% net new, is future revenue from clients mainly in the US and Europe. Guidance of 1.5% to 3.0% growth shows that AI work has not yet lifted overall growth beyond low single digits.
Reported by Infosys (SEC Form 6-K) — “AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%” ↗ on 23 Jul 2026.
NSE stocks, from the last close on or before 23 Jul 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Information Technology | 40 | +6.6% | 24 of 40 | +11.9 pts |
| All tracked stocks | 804 | -5.3% | 291 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Infosys Ltd. INFY | ₹1,047.4 | ₹1,161.2 | +10.9% |
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