India’s Infosys beats Q2 revenue estimates

Infosys, India’s No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.

The company’s consolidated revenue stood at 409.86 billion rupees ($4.88 billion) for the July-September quarter, beating analysts’ average estimate of 408.09 billion rupees, as per LSEG data. ($1 = 84.0340 Indian rupees)

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Channel News Asia: