Friday, 24 March, 2023

Infosys Beats Street Estimates On The Back Of Eight-Quarter-High Deal Wins

<p>Infosys recorded a 20.2 per cent growth in revenue at Rs 38,318 crore in the third quarter of the current financial year (Q3FY23) as compared to Rs 31,867 crore year-on-year (YoY). The IT major said its deal wins were strongest in eight quarters, as it revised upward its FY23 revenue guidance to 16-16.5 per cent in constant currency terms. Infosys, however, retained its Ebit margin guidance at 21-22 per cent for the financial year.</p> <quillbot-extension-portal></quillbot-extension-portal>