Sign in

    Surendra Goyal • Citigroup

    Surendra Goyal's questions to Infosys Ltd (INFY) leadership

    Surendra Goyal's questions to Infosys Ltd (INFY) leadership • Q1 2026

    Question

    Surendra Goyal of Citigroup Inc. pressed for details on the lowering of the upper end of the revenue guidance, asking if it was based on a more conservative view of the environment or actual negative business data points observed.

    Answer

    CFO Jayesh Sanghrajka reiterated that the change was because the environment has not improved as was assumed for the high end of the initial guidance. He cited client behavior, delayed decision-making, and ongoing discretionary spend caution as the data points supporting the view that the environment remains steady, not improving.

    Ask Fintool Equity Research AI

    Surendra Goyal's questions to Infosys Ltd (INFY) leadership • Q4 2025

    Question

    Surendra Goyal of Citigroup asked about the trend observed in discretionary spending throughout the course of March and into April, following up on previous commentary about improvements in FY'25.

    Answer

    CFO Jayesh Sanghrajka responded that the month of March was 'usual' and the company did not see a significant change in the environment in terms of volumes. He confirmed that Infosys experienced positive volumes during March.

    Ask Fintool Equity Research AI