India’s Infosys beats Q1 revenue estimates By Reuters
BENGALURU (Reuters) – India’s No.2 IT services firm Infosys (NS:) beat quarterly revenue estimates on Thursday, helped by a recovery in demand from clients in its financial services and manufacturing verticals.
Consolidated revenue in the first quarter rose 3.6% to 393.15 billion rupees ($4.70 billion), beating analysts’ average estimate of 389.15 billion rupees, as per LSEG data.
