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Infy: Improvement in discretionary demand
Financial Express Kochi
|January 21, 2025
Expects strong revenue growth of 5-7.9% in FY26
INFOSYS DELIVERED AN all-around strong performance in Q3FY25, with revenue reaching $4,939 million, up 1.7% q-o-q and 6.1% y-o-y in constant currency (cc) terms. This surpassed the consensus q-o-q growth estimate of 0.8%. Third-party items were higher by 150 bps q-o-q to account for 9.6% of total revenue.
Revenue growth was led by manufacturing sector, which grew 10.7% y-o-y, and the financial services vertical, up 6.1% y-o-y in cc terms.
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