Infosys (INFY) shares experienced a significant pre-market plunge of 5.03% on Thursday, as the company reported its fiscal first-quarter results.

The sharp decline followed the release of earnings data showing Infosys posted Q1 revenue of $5.08 billion, which fell short of the FactSet consensus estimate of $5.09 billion. While one earnings report indicated the company's EPS of $0.20 met analyst expectations, another source showed a miss against a $0.21 estimate, contributing to investor concerns about the company's quarterly performance.