Infosys share price fell over 3% in early trade on Monday after the IT major reported softer Q2 earnings. The IT stock declined as much as 3.88% to Rs 1,109.70 apiece on the BSE.

The second largest IT services company, Infosys, reported 0.7% rise consolidated net profit to Rs 7,823 crore in the September quarter from Rs 7,769 crore in the June quarter.

The company’s revenue in Q2FY27 rose 2.1% to Rs 49,244 crore from Rs 48,211 crore, quarter-on-quarter (QoQ). In US Dollar terms, revenue grew 1.3% sequentially of to $5,145 million. Infosys reported constant currency revenue growth of 1.2%. AI now formed 10.5% of the…