Infosys shares plunge 9% amid sharp cut in revenue guidance for FY24
The company lowered the revenue guidance for FY24 to 1-3.5% in CC terms despite a strong total contract value of $2.3 billion in Q1 FY24.
The company lowered the revenue guidance for FY24 to 1-3.5% in CC terms despite a strong total contract value of $2.3 billion in Q1 FY24.
We feel that at this stage there is the confidence to increase our growth guidance, says Infosys CEO Salil Parekh.