Revenue Up 7%, FY23 Growth Guidance Raised

Infosys Ltd.’s revenue rose in the first quarter on deal wins and increased client spending on digital services, prompting the company to raise its growth guidance for the full fiscal even as fears of a recession intensifies.The software services exporter’s revenue increased 7% sequentially to Rs 34,470 crore in the three months through June, according to its exchange filing. That compares with the Rs 34,008.50-crore consensus estima…

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