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Infosys Q3 Results Live Updates: The Bengaluru-based IT firm is set to report its third quarter earnings today. A CNBC-TV18 poll has estimated a 1% increase in its profit after tax (PAT) at 7,445 crore from 7,364 crore. It has also estimated EBIT of 9,624 crore from 9,353 crore in the previous quarter and its EBIT margin to expand marginally to 21.3% from 21%. Infosys is likely to narrow its FY26 revenue growth guidance towards the upper end of 2.5-3% and maintain margins of 20-22%. This does not include the contribution from the Versent Group acquisition, which is yet to close. Gradual sequential EBIT margin improvement is expected, primarily driven by benefits from Project Maximums. The Street is estimating Infosys' dollar revenue to come in at $5,071 million in the third quarter compared to 5,076 million in the previous quarter. Meanwhile, it has estimated rupee revenue to increased 1.7% to 45,255 crore from 44,490 crore in the previous quarter. The company also won a large order worth £1.2 billion, 15-year contract by the NHS in October 2025. In the second quarter its deal total contract value was at $3.1 billion with 67% of that being "net new" business. Investors are focusing on tech spend outlook for the calendar year 2026, competitive intensity and pricing pressure in large deals, the willingness of clients to take up large transformation programmes that are margin-dilutive initially, the pace of enterprise AI adoption and the resultant pricing and deflationary pressure and incremental benefits that can accrue from Project Maximus.
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CNBC TV18•27-01-2026, 23:37

Infosys, Cursor Partner to Establish AI Software Engineering CoE

  • •Infosys and AI-powered development platform Cursor have announced a strategic collaboration to enhance software engineering capabilities.
  • •The partnership will establish a Center of Excellence (CoE) focused on using software engineering agents for building and modernising AI-native products.
  • •Infosys engineers will leverage Cursor’s AI-assisted development tools across new and existing enterprise systems.
  • •Cursor’s platform will integrate with Infosys Topaz Fabric, aiming to accelerate core system modernisation and boost development productivity for clients.
  • •The Cursor platform is utilized by 64% of Fortune 1000 companies, offering features like multi-agent development and automated test generation.

Why It Matters: Infosys and Cursor are collaborating to create an AI software engineering CoE, boosting AI-native product development.

Read Full Article on Cnbc in English
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