Infosys ADR Jumps 10.2% on Raised FY26 Revenue Growth Forecast

Business
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Moneycontrol•14-01-2026, 20:37
Infosys ADR Jumps 10.2% on Raised FY26 Revenue Growth Forecast
- •Infosys' American Depository Receipts (ADR) surged 10.21% in New York after the IT firm increased its FY26 revenue growth forecast to 3%-3.5%.
- •The company's financial services segment revenue grew by 3.9%, while the communications segment saw the highest rise at 9.9%.
- •Infosys secured AI-led deals with major companies like Adobe and Siemens AG for 2025.
- •Despite a 2.2% drop in net profit to Rs 6,654 crore, large order bookings over $30 million reached $4.8 billion.
- •Revenue for India's second-largest IT services provider increased by 8.9% to Rs 45,479 crore in the October-December quarter.
Why It Matters: Infosys' ADR soared due to an optimistic FY26 revenue forecast and strong deal wins, despite a net profit dip.
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