Infosys FY24 Sales Growth Slows To Six-Year Low At 4–7%
Apr 15, 2023
Indian software exporter Infosys has projected its slowest revenue growth in six years for fiscal year 2024, expecting a growth rate of 4–7%.
The company has attributed the “ramp downs” of client mandates to the uncertain macro environment in its major markets, namely the US and Europe. Infosys’ revenue increased by 15.4% in the fiscal year 2023, which was below its own guidance range.
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