INFY

is set to report Q1 FY26 results on July 23

Last quarter's numbers were tepid—revenue up just 3.6% year-on-year to ₹39,315 crores while profits rose 7% despite a sharp 20% sequential drop. The market wants to see if this momentum is improving. Revenue guidance for FY26 (analysts expect 3-4% constant currency growth), margin stability amid wage hikes and soft US demand, and fresh deal traction in large discretionary spends.

needs to prove it's more than just a stable defensive play. Consistent deal wins and margin discipline will be essential to regain growth confidence and justify its premium valuation. The road to recovery requires showing that demand headwinds are temporary, not structural. This quarter could be pivotal in determining whether Infosys can lead the IT sector's next leg up.