{"id":834795,"date":"2024-07-19T11:02:56","date_gmt":"2024-07-19T05:32:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=834795"},"modified":"2024-07-19T11:02:56","modified_gmt":"2024-07-19T05:32:56","slug":"infosys-q1-above-street-estimates-raises-fy25-revenue-guidance","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/19\/infosys-q1-above-street-estimates-raises-fy25-revenue-guidance\/","title":{"rendered":"Infosys Q1 above Street estimates, raises FY25 revenue guidance"},"content":{"rendered":"<p>Software major Infosys on Thursday reported better-than-expected earnings of Rs 6,368 crore for the June quarter and also surprised the street by upping its sales forecast for FY25 to 3-4% in constant currency terms from 1-3% earlier. The higher forecast indicates clients are starting to spend more on technology in a resilient global environment.<\/p>\n<p>Infosys net profits, which fell 20% sequentially, mainly due to an income tax refund received in the last quarter, were led by growth in its banking, financial, services and insurance (BFSI) vertical.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Software major Infosys on Thursday reported better-than-expected earnings of Rs 6,368 crore for the June quarter and also surprised the street by upping its sales forecast for FY25 to 3-4% in constant currency terms from 1-3% earlier. The higher forecast indicates clients are starting to spend more on technology in a resilient global environment. Infosys net profits, which fell 20% sequentially, mainly due to an income tax refund received in the last quarter, were led by growth in its banking, financial, services and insurance (BFSI) vertical.<\/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":[63,4,12],"tags":[],"class_list":["post-834795","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834795","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=834795"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834795\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=834795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=834795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=834795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}