BENGALURU: Infosys shares fell nearly 5% in early trading on the New York Stock Exchange on Thursday after the company reported weaker-than-expected June quarter results and trimmed its FY27 revenue growth guidance, signalling a cautious demand environment amid persistent macroeconomic uncertainty.For the June quarter, Infosys posted 1% sequential and 2.4% year-on-year revenue growth in constant currency. In reported terms, revenue rose 0.8% sequentially and 2.8% year-on-year to just over $5 billion. By comparison, TCS reported June-quarter revenue of $7.6 billion, up 2.7% year-on-year and largely flat sequentially, while HCLTech posted revenue of $3.6 billion, down 0.9% sequentially but up 3% year-on-year. In constant currency, TCS grew 0.4% sequentially and 3.2% year-on-year, while HCLTech declined 0.5% sequentially but grew 2.6% year-on-year. Wipro's IT services revenue stood at $2.6 billion, down 1.4% sequentially but up 1% year-on-year. In constant currency, Wipro's revenue declined 1.2% sequentially and increased 0.9% year-on-year.Infosys's operating margin was 21.1%, up 20 basis points sequentially and 30 basis points from a year earlier. The IT firm narrowed its FY27 constant currency revenue growth guidance to 1.5%-3% from the earlier 1.5%-3.5%, citing continued macroeconomic uncertainty. It, however, retained its operating margin guidance of 20%-22%."On the revised guidance, we had a one-time client-related impact that I mentioned earlier. Beyond that, the broader macroeconomic environment remains uncertain, and we also saw volume-related factors during the quarter," Infosys CEO Salil Parekh said during the earnings conference on Thursday.Infosys signed large deals worth $3.6 billion during the quarter, with 61% comprising net new business. The company also benefited from six vendor consolidation deals, four of which were valued at just under $500 million.The company's headcount declined by 592 employees during the June quarter to around 3.2 lakh.