BENGALURU: Indian software services company Infosys reported quarterly profit that beat estimates on Thursday, and raised its annual revenue outlook, helped by a strong deal pipeline.
The Bengaluru-based company expects revenue growth of 16% to 16.5% for the financial year to March, from revenue growth of 15%-16% projected earlier. Infosys saw its large deal signings rising to $3.3 billion, its strongest in the last eight quarters, up from $2.53 billion, year.
Gross addition of clients during the quarter rose to 134, from 111 a year ago.
“As reflected in the large deals momentum, we continue to gain market share as a trusted transformation and operational partner,” Salil Parekh, chief executive and managing director, Infosys said in a statement.
Comments
Comments are closed.