Infosys CEO sees Q3 sales close to low end of outlook

Infosys expects third-quarter revenue growth closer to the lower end of its forecast as customers delay decisions on large contracts.

November 23, 2011 / 13:47 IST

26 Aug, 2025 12:21

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Infosys expects third-quarter revenue growth closer to the lower end of its forecast as customers delay decisions on large contracts, its chief executive said at the Reuters India Investment Summit.

It had forecast quarter-on-quarter revenue growth of 3.2-4.5% for the October-December period.

"(Economic uncertainties) are slowing down decisions. We're clearly seeing it. The slowness has increased in the last month or month and a half," SD Shibulal, a co-founder of India's No 2 software services exporter, said in Bangalore.

The company backed its full-year dollar revenue growth view of 17.1-19.1%.

first published: Nov 23, 2011 11:22 am

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