India's Infosys beats Q3 revenue view, raises full-year forecast

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BENGALURU : Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.Revenue rose 7.6 per cent to 417.64 billion rupees ($4.

The December quarter is typically a seasonally weak quarter for India's $254-billion IT industry, due to furloughs and fewer working days.

FILE PHOTO: Figurines with computers and smartphones are seen in front of Infosys logo in this illustration taken, February 19, 2024.

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Category: EconomyBusiness

Markets: SingaporeIndia

Topics: Billion India Growth Infosys Demand Services Spending Quarter Revenue Rupees Cent

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Published On: 2025-01-16 @ 20:07:37 (5 hours ago)

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Language: English

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