Infosys Lowers Sales Growth Forecast Amid Global IT Spending Slowdown

2 articles · Updated · Bloomberg · Apr 23

Infosys has forecast annual revenue growth of 1.5% to 3.5% for the fiscal year ending March 2027, missing analyst expectations.
Analysts had anticipated a higher growth rate of 4.9%, but the company cited reduced IT spending by global enterprises.
The cautious outlook reflects ongoing geopolitical and economic uncertainties impacting large-scale technology investments worldwide.

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