Infosys Ltd. raised its annual sales forecast for the second time this year, suggesting clients are again willing to spend on software services thanks to resilient growth and slowing inflation in major economies.
Revenue should increase 3.75% to 4.5% in the fiscal year through March 2025, the Bangalore-headquartered company said. That compared with the average analyst estimate of 4.23%. Infosys had previously projected 3% to 4% growth.