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SBI Life posts 22% rise in Q1 FY27 profit on strong premium income growth

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The insurer reported robust growth in annualised premium equivalent and value of new business, while its product mix continued to shift towards non-par

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SBI Life posts 22% rise in Q1 FY27 profit on strong premium income growth

The insurer reported robust growth in annualised premium equivalent and value of new business, while its product mix continued to shift towards non-par offerings.

Business Standard

Lodha Developers' Q1 FY27 profit doubles on higher revenue, collections

The real estate developer reported its highest-ever quarterly profit as revenue, collections and margins improved, while reaffirming its FY27 guidance.

Business Standard

Infosys Q1 net profit rises 12.2% to ₹7,769 crore; FY27 revenue growth forecast trimmed

Infosys reported a 12.2% year-on-year increase in consolidated net profit for Q1 FY27, reaching ₹7,769 crore. The company also adjusted its full-year revenue growth forecast to between 1.5% and 3%, citing a cautious demand outlook. The results were announced on July 24, 2026. Infosys joins other IT majors in revising growth projections amid global economic uncertainty. The company’s board is expected to discuss the revised guidance in its upcoming meeting. Analysts attribute the cautious outlook to softening client spending in key markets.

IndiaIPO

Infosys Names Insider Ashiss Kumar Dash Next CEO, Trims Growth Forecast

Infosys has named Ashiss Kumar Dash as its next CEO, replacing Salil Parekh. Dash, an insider, has been with the company for over two decades. The appointment comes as Infosys trims its growth forecast, citing a challenging macroeconomic environment. The company expects revenue growth to be in the range of 8-10% for the fiscal year, down from its earlier forecast of 9-11%. The change in leadership and growth forecast is a response to the current economic conditions, which have been affecting the IT sector. Infosys has been facing increased competition and a slowdown in demand from its key clients. The company's new CEO will have to navigate these challenges and steer the company towards growth. Dash's appointment is seen as a move to bring in fresh leadership and stability to the company. He will take over as CEO on August 1, 2026.

Reuters

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