Categories: विज्ञान

India's Infosys narrows annual revenue growth forecast

BENGALURU (Reuters) -India's second-largest software services exporter Infosys narrowed its revenue growth forecast for the year on Thursday to 2%-3% from 1%-3%, even amidst slowing demand in a challenging macroeconomic environment. The company reported second-quarter revenue that beat average analyst estimates on the back of strong performance in its financial services and manufacturing verticals. It's consolidated sales rose 8.5% on-year to 444.9 billion rupees ($5.06 billion) in the September quarter. Analysts, on average, expected 439.29 billion rupees, as per data compiled by LSEG. ($1 = 87.8590 Indian rupees) (Reporting by Haripriya Suresh; Editing by Savio D'Souza)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

One pot dishes that are easy to make after work – and tasty, too

Berlin (dpa) - Haters of washing up already know the joys of one-pot meals. You…

54 minutes ago

What lack of routine over holidays does to kids' brain chemistry

From emotional regulation to memory, young brains thrive on patterns and predictability. London (PA Media/dpa) -…

2 hours ago

Old before their time: More young people prone to age-related illness

Berlin (dpa) - Social media is awash with health tips, workout gurus, dieting advice and…

4 hours ago

Being overly responsible at work can be harmful. How you can ease off

Being excessively dedicated and diligent at work may feel good at first. But there can…

4 hours ago

सूरत में IIFD की ‘आरासा’ प्रदर्शनी में विद्यार्थियों ने दिखाई रचनात्मक प्रतिभा

सूरत (गुजरात) [भारत],14 जुलाई:  शहर की अग्रणी शैक्षणिक संस्था आईआईएफडी (इंइंटरनेशनल इंस्टीट्यूट ऑफ़ फ़ैशन डिज़ाइनिंग)…

6 hours ago

एक्सएलआरआई के एक्ससाइट ने अपने प्रथम ग्रामीण व्यवसाय ऊष्मायन समूह के लिए आवेदन आमंत्रित किए

जमशेदपुर (झारखंड) [भारत], 15 जुलाई: एक्ससाइट (एक्सएलआरआई नवाचार, प्रौद्योगिकी एवं उद्यमिता परिषद), जो एक्सएलआरआई, ज़ेवियर प्रबंधन…

6 hours ago