{"id":1044992,"date":"2026-10-24T11:06:58","date_gmt":"2026-10-24T05:36:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1044992"},"modified":"2026-10-24T11:06:58","modified_gmt":"2026-10-24T05:36:58","slug":"infosys-caps-dull-second-quarter-for-indian-it","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/24\/infosys-caps-dull-second-quarter-for-indian-it\/","title":{"rendered":"Infosys caps dull second quarter for Indian IT"},"content":{"rendered":"<p>Infosys Ltd reported its slowest second-quarter performance in at least a decade on Friday, capping a modest quarterly outing for the country\u2019s five largest tech services firms. The company&#8217;s ADRs (American Depositary Receipts) tumbled on the New York Exchange, as India&#8217;s second-largest information technology (IT) services firm dialled down its revenue guidance for the year.<\/p>\n<p>Infosys ended the July-September period with $5.15 billion in revenue, marginally below a Bloomberg poll estimate of $5.18 billion. Three-fourths of the revenue growth\u2014up 1.24% sequentially and 1.3% from a year earlier\u2014came from energy, utilities and resources firms, which make up more than a tenth of its business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys Ltd reported its slowest second-quarter performance in at least a decade on Friday, capping a modest quarterly outing for the country\u2019s five largest tech services firms. The company&#8217;s ADRs (American Depositary Receipts) tumbled on the New York Exchange, as India&#8217;s second-largest information technology (IT) services firm dialled down its revenue guidance for the year. Infosys ended the July-September period with $5.15 billion in revenue, marginally below a Bloomberg poll estimate of $5.18 billion. Three-fourths of the revenue growth\u2014up 1.24% sequentially and 1.3% from a year earlier\u2014came from energy, utilities and resources firms, which make up more than a tenth [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1044992","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1044992"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044992\/revisions"}],"predecessor-version":[{"id":1044993,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044992\/revisions\/1044993"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1044992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1044992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1044992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}