Infosys' September-quarter net income of 78.2 billion rupees narrowly missed analyst estimates.
While majority of the top five Indian IT giants witnessed significant operating margin expansion in Q2 riding on AI-led productivity improvement, the management commentaries emphasised on looming...
Infosys recorded $5.2 billion in large-deal contract value, with 62% classified as net new business, as it lowered its full-year growth outlook.
Infosys cut its annual revenue growth forecast on Friday as weakness in its key North American market deepened, underscoring how AI is disrupting the traditional IT services industry.
Large deal total contract value (TCV) for the September quarter stood at $5.2 billion, compared with $3.6 billion in the preceding quarter. Over 60 percent of the deal value came in as net-new...
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