Infosys is expected to report an 11% year-on-year (YoY) rise in revenue and an 8% increase in net profit for the September quarter, according to the average of estimates from seven brokerages. However, analysts expect India's second-largest IT services company to lower its full-year revenue growth guidance amid weak discretionary spending, AI-led pricing pressure and slower client decision-making.
The Bengaluru-based IT major is likely to report revenue of around Rs 49,384 crore for the July-September quarter, compared with Rs 44,490 crore in the corresponding period last year, based on the brokerage consensus.
