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.
Revenue from operations increased 10.7 per cent YoY to Rs 49,244 crore. In constant currency (CC) terms, revenue grew 1.5 per cent YoY and 1.2 per cent quarter-on-quarter (QoQ).
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...
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.
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