85% probability Infosys does not cut the lower bound of its 1.5%–3.5% CC FY27 guidance at its 23 Jul 2026 Q1 results, with Q1 USD revenue ≥$4.9bn. FY26 closed at $20.16bn; the FY27 guide was set in April. Resolves 23 Jul 2026.
Infosys closed FY26 with $20,158M revenue (3.1% CC growth) and guided FY27 to 1.5%–3.5% CC growth with a 20%–22% margin on 23 Apr 2026; FY26's run-rate implies ~$5.0bn quarterly. We lock that the Q1 print keeps the lower bound (≥1.5% CC) intact and Q1 USD revenue is ≥$4.9bn. Source: Infosys Q1 FY27 results, 23 Jul 2026 (infosys.com/investors).
We lock a binary: at its Q1 FY27 results on 23 Jul 2026, Infosys does not cut the lower bound of its 1.5%–3.5% constant-currency FY27 revenue-growth guidance, and Q1 USD revenue is at or above $4.9bn. Confidence 85%.
Infosys set its FY27 1.5%–3.5% CC guide in April and FY26's ~$5.0bn quarterly run-rate sits comfortably above a $4.9bn floor; cutting a guidance floor one quarter in is uncommon absent a demand shock. We hold 85%, not higher, because a sharp client-spending pullback or a large currency swing could force a trim of the lower bound or dip USD revenue below the floor. Resolves against the Q1 FY27 release.
RAOSCAFF locks P-93 on 2026-06-24, before the Q1 release. Scored on whether the FY27 CC guidance lower bound stays ≥1.5% and Q1 USD revenue is ≥$4.9bn.
Two-part lock (guidance floor + revenue floor) — both must hold for a YES.