Infosys misses growth guidance, estimates slowest start to fiscal
By
Neha Kumari
Infosys Ltd on Thursday joined peers Tata Consultancy Services and Wipro Ltd in reporting disappointing earnings amid jitters in their key markets, signalling a potential hiring slowdown across the sector this year.
India’s second biggest IT services company missed its revenue growth target for FY25 and slipped on profit, despite besting analyst estimates on both fronts. Infosys also projected its slowest growth for the fiscal at the start of the year in a decade.