Infosys Q2 results 2023: Infosys Q2 net profit rises 3.2% YoY to ₹6,212 crore. Infosys revenue growth guidance has been trimmed to 1%-2.5% from 1%-3.5%.
CEO Salil Parekh noted that the company witnessed its highest large deals value at $7.7 billion in Q2. He also added that clients have continued to show interest in AI products and services
Infosys performance: Infosys trims revenue growth guidance to 1%-2.5% for FY24.Infosys maintains 20%–22% operating margin guidance for the year. Infosys reports a 3.2% YoY rise in Q2 net profit to ₹6,212 crore.
The Indian Information Technology sector is ready to kick start results season from October 11. Brokerages expect the IT sector to post tepid results in the Q2 FY24.