Infosys Q1FY26: Strong Quarter, Cautious Outlook

Infosys posted strong Q1FY26 revenue growth (4.5% QoQ) and healthy deal wins, but margin dipped slightly due to wage hikes. Despite raising revenue guidance to 1–3%, management remains cautious on macro conditions. Large deal inflows remain robust, yet limited upside is expected until broader demand environment improves. Valuations stay reasonable.