Infosys Limited — Important, 22-10-2024: Updates

Infosys reported strong Q2 results with 3.1% sequential revenue growth and 3.3% growth year-on-year in constant currency. The company revised its annual revenue growth guidance to 3.75%-4.5%. Operating margins remained steady at 21.1%. Key verticals like Financial Services showed improved discretionary spending, while Retail faced challenges. Infosys is expanding its Generative AI capabilities with new platforms and models. The headcount increased by 2,500, signaling positive hiring trends. Further updates are available on the company’s website.