INFY Q4 FY26 Guidance vs Delivery (INFY Management Mirror)

Revenue Guidance

Management introduced FY27 constant currency revenue growth guidance of 1.5% to 3.5%, expecting normal seasonality with a stronger first half and incorporating a 0.75% to 1% headwind from intentional onsite mix reductions. Sequentially, the FY26 revenue outlook was upgraded in the Dec'25 Qtr to 3% to 3.5% from the 2% to 3% range set in the Sep'25 Qtr. The FY27 outlook includes recent acquisitions but excludes pending joint ventures. [Status: Initiated]