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Infosys Beats Second-Quarter Revenue View

Infosys revenue rose 10.7% to 492.44 billion rupees, marginally beating estimates, as demand picked up among energy and utility clients and businesses spent more on AI services.

INFY

Infosys (NSE: INFY1!) narrowly exceeded estimates for second-quarter revenue on Friday, supported by stronger demand from energy and utility clients and increased business spending on artificial intelligence services. Revenue at India’s second-largest IT services provider rose 10.7% to 492.44 billion rupee…