Infosys beats Wipro as European clients spur growth

Bengaluru-based Infosys Ltd grew faster than city-based rival Wipro Ltd in July-September on the back of higher business from clients in Europe, signalling higher growth for the coming quarters.

Infosys reported $4.894 billion in revenue in the second quarter, a 3.8% sequential increase and a 3.7% growth from a year ago. Much of this growth came from Europe, which contributed $117 million, or 65%, of the company’s $180 million incremental revenue.