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Infosys, India's second-largest IT firm, forecasts a revenue rise of 5.9% and an 8% profit hike in Q1.
Infosys, India's second-largest IT company, is set to announce its Q1 results on July 23. Analysts predict a 5.9% rise in revenue and an 8% increase in profit, with stable margins despite wage hikes and acquisition costs. Investors will focus on the company's deal pipeline, demand outlook, and AI strategy. Infosys is also expected to report a recovery in the BFSI sector and continued investments in generative AI.
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