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Infosys Q2 Results: FY26 revenue growth guidance tightened to 2% to 3%; margin unchangedInfosys reported constant currency revenue growth of 2.2% during the September quarter, higher than the estimates of 1.8% on a sequential basis.By Meghna Sen   October 16, 2025, 4:31:53 PM IST (Updated)2 Min ReadChoose  CNBC TV18 on Google

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Technology services bellweather Infosys Ltd. reported its September quarter (Q2FY26) results after market hours on Thursday, October 16. Infosys is the last among the IT companies that are part of the Nifty 50 index to report earnings.

The Bengaluru-based IT services giant expects constant currency revenue growth between 2% to 3% for financial year 2026, compared to its earlier guidance of 1% to 3%. The company had raised the lower end of its guidance in the June quarter as well.

EBIT margin guidance has been left unchanged. For the full year, Infosys expects EBIT margins for financial year 2026 to be between 20% to 22%.

Infosys reported constant currency revenue growth of 2.2% during the September quarter, higher than the estimates of 1.8% on a sequential basis.

Revenue in rupee terms for the September quarter stood at ₹44,490 crore, which is higher than the CNBC-TV18 poll of ₹44,142 crore. The figure is also higher than previous quarter's revenue of ₹42,279 crore.

Earnings Before Interest and Tax (EBIT) stood at ₹9,353 crore, a growth of 6.25% sequentially but marginally lower than expectations of ₹9,385 crore.

EBIT margin for the quarter remained at 21% from 20.8% in the June quarter and slightly lower than expectations of 21.3%.

The company won deals worth $3.1 billion during the quarter, which is also in-line with the $3 billion estimates. 67% of those deal wins were net new, the company said.

Infosys has also declared a dividend of ₹23 per share, and the record date for that has been fixed as October 27, 2025.

Infosys buyback

The Infosys stock has shown resilience since the buyback announcement, gaining 3.3%.

The company's board has approved a ₹18,000 crore buyback through the tender offer route at ₹1,800 per share, representing a 19% premium to the current market price.

Infosys plans to repurchase 2.41% of its outstanding equity shares, marking its fifth share buyback and the largest one in the company's history.

Ahead of its Q2 results, as many as 51 analysts have coverage on Infosys. 36 of those analysts have a “buy” recommendation on the stock, 13 of them have a “hold” rating. Two analysts have a “sell” recommendation.

Shares of Infosys had ended 0.24% lower on Thursday at ₹1,470.90, ahead of the results announcement.Continue ReadingFirst Published: Oct 16, 2025 4:08 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsInfosysinfosys earningsInfosys Q2Infosys Q2 results