India’s Infosys beats Q3 revenue view; ups annual forecast range

BENGALURU: Infosys reported better-than-expected third-quarter revenue on Wednesday, helped by a pickup in tech demand from its financial services clients.

Revenue at India’s second-largest IT services provider rose 8.9% to 454.79 billion rupees ($5.04 billion) in the October-December period.

Analysts on average had estimated revenue of 452.27 billion Indian rupees, according to data compiled by LSEG.

India’s TCS beats quarterly revenue estimate on AI-led demand

The company revised its fiscal ending 2026 revenue growth forecast upwards to 3%-3.5%, from an earlier estimate of 2%-3%.

Three brokerages had expected the company to narrow the range to 2.5%-3%.