Infosys Q4FY23: Is Infosys in a difficult phase? Net profit, revenue disappoint beyond sub-par expectations

Infosys’ fiscal fourth-quarter results were disappointing, with the quarterly net profit and revenue coming in short of market expectations. The company’s revenue in CC terms fell by 3.2% quarter-on-quarter, which was not in line with expectations of stable growth. The margins were also under pressure, sitting at 21%. Additionally, on-year revenue growth too at 15.4% […]

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