Reported 2 days ago
Infosys has projected a disappointing revenue growth for fiscal 2026, estimating between flat and a 3% increase, which falls short of analyst expectations. The Indian IT firm cited concerns over soft global demand and economic uncertainties, particularly noting its vulnerability due to reliance on retail and manufacturing sectors. The impact of tariffs on global supply chains has contributed to clients delaying significant tech projects, affecting the outsourcing landscape.
Source: YAHOO