Infosys beats PAT and revenue estimates, dials up outlook

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%. “We had a strong performance in Q1 on large deals and financial services in the US is seeing early signs of improvement," said CEO and MD Salil Parekh.