Infosys Raises Annual Revenue Outlook After Beating Third Quarter Estimates

Infosys has raised its full-year revenue guidance after beating third-quarter estimates. The company saw a surge in large order bookings and AI-driven deals.

Insights:
Infosys Limited , the second-largest IT services provider in India ININ, reported third-quarter revenue of 454.79 billion rupees, surpassing the analyst consensus expectation of 452.27 billion rupees. Following this performance, the company raised its revenue growth guidance for fiscal year 2026 to a range of 3% to 3.5%, up from the previous forecast of 2% to 3%. The revision signals growing management confidence in demand momentum across the global enterprise market.
A logo of Infosys is seen outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves Herman
A logo of Infosys is seen outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves Herman
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