India’s Infosys beats profit estimates as client spending rises

India’s Infosys beats profit estimates as client spending rises

Bengaluru, India (AFP) July 18, 2024

Indian IT giant Infosys raised its annual revenue guidance Thursday after reporting a 7.1 percent on-year rise in net profit for the June quarter, signalling a gradual revival in client spending.

Infosys is India’s second largest software services exporter and earns more than 80 percent of its revenue from Western markets…
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