Full-Time

Finance Consultant Principal

Process/SAP

Posted on 8/5/2026

Infosys

Infosys

10,001+ employees

Global digital transformation consulting and services

No salary listed

Dubai - United Arab Emirates

In Person

Work-permit applicants for Dubai must provide a valid passport, residence permit, Emirates ID, and legalized degree certificate.

MBA

Category
Consulting (1)
Required Skills
ERP

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Requirements
  • At least 10 years of experience in Finance Transformation, ERP Consulting, Process Consulting, Shared Services, or Finance Operations.
  • Strong functional expertise across Accounts Payable, Accounts Receivable, General Ledger, Fixed Assets, Financial Close, Reconciliations, and Reporting processes.
  • Experience supporting finance transformation or enterprise resource planning implementation programs from process design through deployment.
  • Understanding of finance process automation, workflow solutions, master data, reporting tools, and performance dashboards.
  • Strong knowledge of finance controls, compliance, governance frameworks, and audit requirements.
  • Experience facilitating business workshops and gathering requirements from senior finance stakeholders.
  • Ability to work across business and technology teams within complex transformation environments.
  • Strong analytical, problem-solving, communication, and stakeholder-management capabilities.
  • Strong written and verbal communication in English.
Responsibilities
  • Lead finance process assessment, optimization, and transformation initiatives across Accounts Payable, Accounts Receivable, General Ledger, Fixed Assets, Cash Management, Financial Close, Rebate Management, and Reporting.
  • Facilitate workshops to capture business requirements, pain points, process variations, and future-state improvement opportunities.
  • Design future-state finance processes, Target Operating Models, governance structures, and key performance indicator frameworks.
  • Support enterprise resource planning transformation initiatives involving SAP S/4HANA Finance, SAP ECC FICO, Oracle Fusion, or Microsoft Dynamics 365 Finance.
  • Drive process standardization, automation, controls enhancement, and operational efficiency improvements across finance operations.
  • Collaborate with business and information technology teams to translate finance requirements into scalable enterprise resource planning and digital solutions.
  • Support fit-gap analysis, solution validation, testing, training, cutover planning, and business adoption activities.
  • Ensure finance processes align with organizational policies, accounting standards, internal controls, and regulatory requirements.
  • Identify process risks, control gaps, and improvement opportunities across Accounts Payable, Accounts Receivable, General Ledger, and close processes.
  • Support controls design, audit readiness, approval workflows, segregation of duties, and compliance initiatives.
  • Contribute to finance governance frameworks, master data governance, reporting discipline, and performance-management routines.
  • Support period-end close optimization, reconciliations, intercompany accounting, and management-reporting improvements.
  • Contribute to proposals, requests for proposal responses, solution design, work breakdown structures, and effort estimations.
  • Support finance transformation assessments, enterprise resource planning fit-gap analysis, operating-model design, and business-case development.
  • Participate in client workshops, solution walkthroughs, executive presentations, and enterprise resource planning demonstration discussions.
  • Develop finance thought-leadership and best-practice assets across Retail, Consumer Goods, Logistics, Automotive, and Distribution sectors.
  • Mentor junior consultants and support finance-transformation capability development within the practice.
Desired Qualifications
  • Arabic proficiency.
  • AP FICO certification or demonstrable hands-on SAP Finance experience.
  • CA, CMA, CPA, ACCA, CIMA, MBA Finance, or an equivalent finance qualification.
  • Experience delivering finance transformation or SAP FICO programs within the Middle East or Gulf Cooperation Council region.
  • Knowledge of VAT, Gulf Cooperation Council tax regulations, e-invoicing trends, and regional finance compliance requirements.
  • Industry experience in Retail, Consumer Goods, Logistics, Industrial, Automotive, Distribution, or Quick Service Restaurants.

Infosys helps organizations move from their current IT setup to future-ready digital capabilities. It delivers digital transformation services that combine consulting, technology, and outsourcing to modernize IT infrastructure, automate business processes, and adopt cloud, AI, and machine learning. Clients range from large enterprises to SMEs across industries such as aerospace, healthcare, financial services, manufacturing, and retail. It earns fees for project-based work (time-and-materials or fixed-price) and recurring revenue from subscription-based cloud and digital platform offerings. Infosys differentiates itself through a broad, end-to-end service portfolio, global scale, and deep industry knowledge, enabling long-term technology-driven change for diverse clients. Its goal is to be a global leader in digital transformation by helping organizations achieve measurable business outcomes while advancing social responsibility through the Infosys Foundation.

Company Size

10,001+

Company Stage

IPO

Headquarters

Bengaluru, India

Founded

1981

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Simplify Jobs

Simplify's Take

What believers are saying

  • Infosys won Investec's July 30, 2026 Finacle SaaS migration across four jurisdictions.
  • NTN Corporation selected Infosys for SAP Commerce Cloud migration on July 30, 2026.
  • Q1 FY27 large-deal wins reached $1.6 billion, with 61% net-new TCV.

What critics are saying

  • FY27 revenue guidance fell to 1.5%-3% after client terminations and softer demand.
  • France fined Infosys €175,000 on July 25, 2026 for flawed time-recording compliance.
  • The DOJ is investigating H-1B classifications; escalation threatens U.S. delivery, visas, and margins.

What makes Infosys unique

  • Finacle banks in 100 countries, giving Infosys proprietary software beyond commoditized services.
  • Infosys reported AI services at 8.2% of Q1 FY27 revenue, growing double-digits sequentially.
  • Its deal model combines enterprise consulting, cloud migration, and reusable platforms like Cobalt.

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Growth & Insights and Company News

Headcount

6 month growth

16%

1 year growth

16%

2 year growth

16%
CNBC TV18
Jul 30th, 2026
Why Infosys is staying out of the AI data centre race even as TCS and HCLTech pile in.

Why Infosys is staying out of the AI data centre race even as TCS and HCLTech pile in. Infosys has ruled out entering the capital-intensive data centre business, with outgoing CEO Salil Parekh telling CNBC-TV18 that the investment required would strain the company's balance sheet. Instead, the IT major will focus its AI strategy on enterprise services, specialised models and partnerships. By CNBCTV18.com July 30, 2026, 4:29:50 PM IST (Published) Infosys has ruled out entering the capital-intensive data centre business, choosing instead to build its artificial intelligence (AI) strategy around enterprise services, smaller specialised models and partnerships with global AI companies. Outgoing Infosys CEO Salil Parekh said the company had considered a data centre push but concluded that the investment required would neither suit its balance sheet nor deliver sufficient benefits. "We've looked at that, and we are not planning to go into the data centre business," Parekh told CNBC-TV18's Shereen Bhan in an exclusive interview. "We've looked at, from our perspective, our balance sheet, the potential cash required to build a data centre at scale, and then other requirements, which are essentially around energy projects," he said. "It's something that we have decided, at this stage, will not benefit us, especially given our balance sheet, because some of the cash requirements could be quite massive." Parekh said the proposal had been examined by both the management and the board before Infosys decided against it. The decision sets Infosys apart from larger rival Tata Consultancy Services (TCS), which is attempting to position itself across the AI value chain, from physical infrastructure to enterprise applications and consulting. Indian IT companies and their path to AI adoption The approaches taken by India's top IT companies show that each is writing its own AI playbook. TCS has launched HyperVault, an AI-ready data centre business that aims to establish more than one gigawatt of capacity in India. Private equity firm TPG has committed up to $1 billion to the venture, which will target hyperscalers, AI companies and enterprises seeking local infrastructure for sovereign and enterprise AI. TCS is also working with AMD on an AI-ready data centre blueprint supporting up to 200 megawatts of capacity. The company said in July that its annualised AI services revenue had reached $2.6 billion after more than 5,500 client engagements. Infosys, by contrast, is concentrating on the layer above infrastructure. Its strategy centres on helping customers select and deploy models, build AI agents and modernise existing technology systems. Parekh said AI accounted for more than 8% of Infosys's revenue in the latest quarter and had recorded double-digit sequential growth for several quarters. HCLTech is taking a more ownership-led approach. It invested $150 million in Indian AI company Sarvam, gaining exposure to model development, training infrastructure and enterprise deployment. It has also announced plans to invest up to ₹3,500 crore in AI data centres, including a facility in Bhubaneswar being developed with Sarvam and the Odisha government. Wipro, meanwhile, is focusing on turning parts of its services portfolio into reusable AI platforms. It launched a dedicated AI-Native Business and Platforms unit in April to develop agentic AI offerings and pursue a SaaS model. Its Wipro Intelligence portfolio combines consulting, platforms and industry-specific solutions, building on an earlier commitment to invest $1 billion in AI capabilities and training. Tech Mahindra is leaning on its industry expertise, particularly in telecommunications, while partnering with hyperscalers rather than owning large-scale computing infrastructure.

PR Newswire
Jul 30th, 2026
Investec selects Infosys Finacle SaaS platform on Microsoft Azure for Digital Banking transformation.

Investec selects Infosys Finacle SaaS platform on Microsoft Azure for Digital Banking transformation. Jul 30, 2026, 06:14 ET JOHANNESBURG and BENGALURU, India, July 30, 2026 /PRNewswire/ - Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), today announced that Investec, a leading international bank and wealth manager, has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. As part of this multi-country, large-scale transformation program, the bank will migrate from its legacy platforms to Finacle, establishing a future-ready technology foundation aligned with the next phase of its growth strategy. Under this transformation program, the bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. This integrated platform will enable Investec to enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance, while supporting its evolving business and client needs. Key benefits that the bank will gain, include: * Finacle's real-time data and AI foundations will help position the bank to scale AI adoption, enhance data readiness, and unlock actionable insights, enabling more intelligent, future-ready banking experiences to market. * The Finacle Lending Suite will empower Investec to accelerate lending growth, deliver seamless end-to-end digital journeys, and bring more personalized offerings to markets with greater speed and confidence. * The Finacle Virtual Accounts Management will help the bank unlock compelling cash management propositions for corporate clients by simplifying collections and payments through real-time reconciliation, enhanced transparency, and a more streamlined account structure. * The Finacle Liquidity Management Solution will empower the bank with real-time visibility and control over cash positions and working capital across entities driving sharper liquidity optimization, stronger controls, and more informed financial decisions. * The next-generation Finacle platform, backed by an extensive API suite, will enable the bank to connect seamlessly across the wider fintech ecosystem, accelerating innovation and enabling differentiated offerings to the market faster. * The cloud-native SaaS implementation through the Microsoft Marketplace will give the bank the scale, resilience, and performance needed to grow with evolving demand, supported by a secure, high-availability technology foundation. Lyndon Subroyen, Global Head of Digital and Technology for Investec Group, said, "Our partnership with Infosys Finacle and Microsoft Azure marks a step change in our digital transformation journey. We are building a stronger digital foundation that allows us to scale with our clients, deliver a more seamless and personalized experience, and operate with greater precision. Digital is no longer a layer that supports the business, it is integral to how we grow, deepen client relationships, and improve our efficiency." Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said, "At Infosys Finacle, we are committed to helping banks accelerate growth by inspiring better banking. Our next-generation, cloud-native banking solutions are designed to help institutions like Investec accelerate innovation, strengthen operational agility, and deliver more intelligent and personalized experiences at scale. By combining open APIs and events-driven architecture, with strong data and AI foundations, Finacle will empower Investec to stay ahead of evolving client expectations and unlock new avenues for value creation and delivery." About Investec Investec Group is a leading international bank and wealth manager, with a regional focus in Southern Africa and the United Kingdom, complemented by a strategic presence in Continental Europe, Channel Islands, Dubai, India, Mauritius, Switzerland and the United States. Investec partners with private, corporate, and institutional clients, and delivers tailored solutions with exceptional service in the areas of private banking and wealth management, and corporate and investment banking. Investec is driven by its purpose to create enduring worth for all its stakeholders. The Group was established in 1974 and currently has approximately 8,000 employees. Investec has a dual-listed company structure with primary listings on the London and Johannesburg Stock Exchanges. About Infosys Finacle Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com. Safe Harbor Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations are "forward looking statements" intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance ("ESG") vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law. SOURCE Infosys

CxOToday
Jul 30th, 2026
Investec selects Infosys Finacle SaaS platform on Microsoft Azure for Digital Banking transformation.

Investec selects Infosys Finacle SaaS platform on Microsoft Azure for Digital Banking transformation. Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys today announced that Investec has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. As part of this multi-country, large-scale transformation program, the bank will migrate from its legacy platforms to Finacle, establishing a future-ready technology foundation aligned with the next phase of its growth strategy. Under this transformation program, the bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. This integrated platform will enable Investec to enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance, while supporting its evolving business and client needs. Key benefits that the bank will gain, include: * Finacle's real-time data and AI foundations will help position the bank to scale AI adoption, enhance data readiness, and unlock actionable insights, enabling more intelligent, future-ready banking experiences to market. * The Finacle Lending Suite will empower Investec to accelerate lending growth, deliver seamless end-to-end digital journeys, and bring more personalized offerings to markets with greater speed and confidence. * The Finacle Virtual Accounts Management will help the bank unlock compelling cash management propositions for corporate clients by simplifying collections and payments through real-time reconciliation, enhanced transparency, and a more streamlined account structure. * The Finacle Liquidity Management Solution will empower the bank with real-time visibility and control over cash positions and working capital across entities driving sharper liquidity optimization, stronger controls, and more informed financial decisions. * The next-generation Finacle platform, backed by an extensive API suite, will enable the bank to connect seamlessly across the wider fintech ecosystem, accelerating innovation and enabling differentiated offerings to the market faster. * The cloud-native SaaS implementation through the Microsoft Marketplace will give the bank the scale, resilience, and performance needed to grow with evolving demand, supported by a secure, high-availability technology foundation. Lyndon Subroyen, Global Head of Digital and Technology for Investec Group said, "Our partnership with Infosys Finacle and Microsoft Azure marks a step change in our digital transformation journey. We are building a stronger digital foundation that allows us to scale with our clients, deliver a more seamless and personalized experience, and operate with greater precision. Digital is no longer a layer that supports the business, it is integral to how we grow, deepen client relationships, and improve our efficiency." Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said "At Infosys Finacle, we are committed to helping banks accelerate growth by inspiring better banking. Our next-generation, cloud-native banking solutions are designed to help institutions like Investec accelerate innovation, strengthen operational agility, and deliver more intelligent and personalized experiences at scale. By combining open APIs and events-driven architecture, with strong data and AI foundations, Finacle will empower Investec to stay ahead of evolving client expectations and unlock new avenues for value creation and delivery."

ChannelDrive
Jul 30th, 2026
NTN Corporation taps Infosys to drive SAP Commerce Cloud adoption.

NTN Corporation taps Infosys to drive SAP Commerce Cloud adoption. July 30, 2026 15:00 IST Infosys, a global leader in AI-first business consulting and technology services, has announced the successful migration of NTN Corporation's on-premise SAP Commerce-based e-commerce platform, e-WINGS, to SAP Commerce Cloud 2211. NTN Corporation is among the world's leading manufacturers of precision equipment, including bearings. Powered by Infosys' proven methodologies, accelerators, and comprehensive SAP Commerce expertise, and leveraging Infosys Cobalt, a comprehensive set of services, solutions, and platforms that help enterprises accelerate their cloud journey, the migration of NTN's on-premises e-commerce platform was executed swiftly, ensuring seamless business continuity. The transformation delivered tangible benefits for NTN Corporation, including streamlined maintenance by automating version control, enhanced reliability in daily operations, and improving cost efficiencies by enabling cloud adoption. With scalable, cloud-based architecture now in place, NTN is well-positioned to pursue digital growth with greater agility, modernize legacy system management, and focus on innovation and newer initiatives. This collaboration also underscores Infosys's growing footprint in Japan and the ability to guide enterprises through complex digital transformations with agility and minimal risk. Kenji Kitazato, Head - ICT Strategy Department, NTN Corporation, said, "This migration to SAP Commerce Cloud powered by Infosys has streamlined our IT operations, improved agility, and laid a strong foundation for future digital growth. This transformation enables us to utilize this new foundation and further promote the use of digital technology." Kishie Hattori, Chief Partner Officer, Partner Ecosystem Success, SAP Japan, said, "Infosys continues to demonstrate the transformative potential of SAP Commerce Cloud through its collaboration with NTN. By using SAP's cloud features and Infosys's strong knowledge in the field, companies like NTN can update their online shopping systems quickly, effectively, and with clear results for their business." Arun Hoskere, EVP and Head, Infosys Japan, said, "We are proud to collaborate with NTN Corporation on this strategic transformation. Our team's deep expertise and insight into SAP Commerce Cloud, combined with Infosys' experience in delivering complex, enterprise-scale digital transformations, enabled us to modernize NTN's e-commerce landscape with agility and precision. This collaboration reflects our commitment to helping clients unlock agility, operational efficiency, and long-term business value through cloud-powered innovation."

Multibagg AI
Jul 28th, 2026
Infosys Q1 FY27: Revenue $5.08bn, FY27 outlook cut.

Infosys Q1 FY27: Revenue $5.08bn, FY27 outlook cut. Infosys ltd. Ask AI. Key takeaway from the quarter. Infosys opened FY27 with modest revenue growth and stronger profitability, but also lowered its full-year revenue growth outlook. The company reported that constant-currency revenue rose 2.4% year-on-year and 1% sequentially in Q1 FY27, helped by deal wins and continued scaling of AI-led work. At the same time, management flagged a one-time revenue impact due to a client decision during the quarter and noted that a specific program was terminated, with the impact already absorbed in Q1. Against a softer macro environment and client-specific disruptions, Infosys revised its FY27 constant-currency revenue growth guidance downward. Leadership update: Ashish Dash named CEO-designate. Infosys announced the appointment of Ashish Dash as CEO-designate. Salil Parekh is expected to transition out by March 2027, according to the call summary shared alongside the transcript. The company positioned the move as a continuity-focused transition at a time when customers are reshaping technology spend toward automation and AI. Nandan Nilekani, Chairman of the Board, participated in the call for the announcement, while the company indicated he would not be taking questions. Q1 FY27 financial performance snapshot. Infosys reported Q1 revenue of $1.082 billion. In constant-currency terms, the company said revenue increased 1% quarter-on-quarter and 2.4% year-on-year. Operating margin was 21.1%, and free cash flow for the quarter was $1.955 billion. The company also said earnings per share increased 15% in Q1 in rupee terms, and cited INR 19.19 as the EPS figure in the event details shared with the transcript. Management also highlighted that acquisition-related contribution was approximately 1.1% sequentially. AI services growth becomes a larger part of the mix. Infosys said AI services revenue was 8.2% of overall revenue in Q1 and described AI revenues as growing at a double-digit pace quarter-on-quarter over multiple quarters. Management said this reflects acceleration in client adoption, as enterprises move from pilots toward production-scale work. In parallel, Infosys said it is investing in AI talent and plans to add 6,000 frontier engineers, while continuing to reskill existing employees. The company framed this as essential to delivering AI-led transformation programs across its client base. Deal wins: $1.6 billion TCV with 61% net new. Infosys reported $1.6 billion in large deal wins for the quarter, with 61% of that total described as net new total contract value (TCV). The company linked demand to ongoing vendor consolidation and targeted transformation programs, even as decision cycles remain cautious in certain areas. Deal wins matter more in a slowing discretionary environment because they provide visibility and help offset pressure from project delays and pricing competition. However, the company also acknowledged that pricing remained softer, with competitive pressures visible across segments. Guidance cut: FY27 revenue growth now 1.5% to 3%. Infosys revised its FY27 constant-currency revenue growth guidance to 1.5% to 3%, down from 1.5% to 3.5% previously. The change was attributed to a soft macro environment, client-specific issues, and program terminations. Operating margin guidance was maintained at 20% to 22%, with the company citing currency tailwinds and efficiency measures such as Project Maximus. The combination of lower revenue growth expectations and stable margin guidance suggests the company is prioritising delivery efficiency and cost control while demand remains uneven. One-time client impact and program termination. Infosys said Q1 saw a one-time revenue impact due to a client decision. In the Q&A portion referenced in the transcript, CFO Jayesh Sanghrajka confirmed that a program had been terminated and that what Infosys knows at this point has been taken in Q1, with no specific follow-through expected in Q2 for that program. While the company did not quantify the revenue impact from the client decision in the provided text, it explicitly tied the guidance revision to client-specific issues and program terminations. Cash position, headcount, and attrition. Infosys reported $1.9 billion in cash and cash investments at the end of the quarter and reiterated that it remains debt-free. Headcount fell by 500 employees, after adding more than 2,000 employees from an acquisition. Attrition increased slightly to 13%, compared with 12.6% sequentially. These operating metrics are closely watched in Indian IT services because they influence delivery capacity, wage costs, and the pace at which firms can scale specialised skills such as AI. Stock reaction: premarket drop after outlook revision. Following the results and outlook update, Infosys' ADR price moved lower in premarket trading. The provided report noted shares were down 4.95% to $10.39, from $10.93. This reaction aligns with the market's typical response when a large IT services company trims growth guidance, even if margins and cash flow remain steady. Key numbers table. | Metric (Q1 FY27) | Reported value | Notes from call materials | | Revenue | $1.082 billion | 1% QoQ and 2.4% YoY in constant currency | | AI services revenue mix | 8.2% | Management said AI revenue grew double-digit QoQ | | Large deal wins (TCV) | $1.6 billion | 61% net new | | Operating margin | 21.1% | Margin guidance maintained for FY27 | | Free cash flow | $1.955 billion | Reported for the quarter | | Cash and cash investments | $1.9 billion | End of quarter | | Attrition | 13% | Up from 12.6% sequentially | | Headcount change | -500 | After adding over 2,000 via acquisition | | FY27 revenue growth guidance (CC) | 1.5% to 3% | Cut from 1.5% to 3.5% | | FY27 operating margin guidance | 20% to 22% | Unchanged | Why this quarter matters for Indian IT investors. Infosys' Q1 FY27 underscores two competing signals for the sector. On one hand, large deal wins and AI services scaling suggest clients are still committing to multi-year transformation work. On the other, the lowered revenue guidance indicates that short-term execution can be impacted by client decisions, program exits, and slower discretionary spend. For investors tracking India's IT services cycle, the quarter also highlights how guidance changes can drive near-term stock moves more than reported margins or cash flow. The next updates on deal ramp-ups, AI contribution trends, and the pace of hiring for frontier engineering roles will likely remain central to how the market interprets FY27 progress. Conclusion. Infosys reported Q1 FY27 revenue of $1.082 billion, steady margin performance, and strong large deal wins, while expanding AI services to 8.2% of revenue. But the company cut FY27 constant-currency revenue growth guidance to 1.5% to 3% due to macro softness and client-specific issues. The leadership transition to CEO-designate Ashish Dash and management's commentary on program termination set the context for the next few quarters, with investors likely to watch for stability in demand and execution through FY27.