Infosys’ American depositary receipts (ADRs) fell 6.3% in premarket trading on Friday after the IT services company lowered its full-year revenue growth forecast despite reporting a marginal revenue beat for the September quarter.
The company cut its FY27 revenue growth guidance in constant currency terms to 1-2% from 1.5-3% earlier, signalling a more cautious outlook amid uncertainty over technology spending and the impact of artificial intelligence on the traditional IT services business.
