{"id":834413,"date":"2024-07-19T10:09:00","date_gmt":"2024-07-19T04:39:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=834413"},"modified":"2024-07-19T10:09:00","modified_gmt":"2024-07-19T04:39:00","slug":"infosys-beats-pat-and-revenue-estimates-dials-up-outlook","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/19\/infosys-beats-pat-and-revenue-estimates-dials-up-outlook\/","title":{"rendered":"Infosys beats PAT and revenue estimates, dials up outlook"},"content":{"rendered":"<p>Infosys announced better-than-expected financial results for the quarter ended June with net profit rising 7.1% to `6,368 crore on a year-on-year (YoY) basis.<\/p>\n<p>A strong revenue expansion of 3.7% YoY during the period prompted the second-largest software exporter to forecast growth of 3-4% for FY25 against its earlier guidance of 1-3%. The sharp increase in outlook was fuelled by higher large deal closures, better performance of key verticals such as financial services as well as expected uptick from its $480- million acquisition of In-tech in April this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys announced better-than-expected financial results for the quarter ended June with net profit rising 7.1% to `6,368 crore on a year-on-year (YoY) basis. A strong revenue expansion of 3.7% YoY during the period prompted the second-largest software exporter to forecast growth of 3-4% for FY25 against its earlier guidance of 1-3%. The sharp increase in outlook was fuelled by higher large deal closures, better performance of key verticals such as financial services as well as expected uptick from its $480- million acquisition of In-tech in April this year.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-834413","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834413","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=834413"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834413\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=834413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=834413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=834413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}