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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