IT Firms: Mind The Bend
Demand slowdown has forced the big boys of Indian IT to cut their growth outlook for FY24. As macro uncertainty looms large, companies are shifting focus to controlling costs to protect profitability.
revenue guidance
November 2023
April 2023
January 2023
Infosys shares plunge 12% on weak Q4 earnings
The software services company's stock hit its 52-week low of ₹1,219 apiece on the BSE on Monday.
Infosys raises revenue guidance as Q3 profit jumps 13% to ₹6,586 cr
The Bengaluru-based IT giant reported a 20% year-on-year jump in its revenue to ₹38,318 crore in Q3.
