2023-10-13 10:43:25

Infosys Hikes Sales Outlook, Defying Recession Fears

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Bloomberg
By Sankalp Phartiyal

Infosys Ltd. raised its annual sales forecast, defying fears that a global economic slowdown would push clients at the outsourcing giant to cut back on tech spending.

The Bengaluru-headquartered company said it expected revenue to grow between 15% to 16% in the year to March 2023, raising the lower end of its sales outlook, while reiterating the top end.

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