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Infosys Lowers Sales Forecast After Companies Curb IT Spending

Bloomberg Technology Friday 23 October 2026, 10:52 UTC By Sankalp Phartiyal 1 min read
Key Points

Infosys Lowers Sales Forecast After Companies Curb IT Spending Infosys Ltd. lowered its annual sales forecast in a sign companies continue to curb spending on major information technology projects. Revenue will climb 1% to 2% on a constant-currency basis in the year through March 2027, Infosys said in a statement Friday. It July, it predicted sales would grow 1.5% to 3%.

Infosys Lowers Sales Forecast After Companies Curb IT Spending Infosys Ltd. lowered its annual sales forecast in a sign companies continue to curb spending on major information technology projects. Revenue will climb 1% to 2% on a constant-currency basis in the year through March 2027, Infosys said in a statement Friday. It July, it predicted sales would grow 1.5% to 3%.
Infosys Lowers Sales Forecast (ORG) Infosys Ltd. (ORG) Infosys (ORG)
Originally published by Bloomberg Technology Read original →

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