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Betting on Infosys’ strong earnings trajectory, narrowing gap with TCS

Strong broad-based revenue acceleration, operational efficiencies, decent deal win and healthy deal pipeline provided the management with the confidence to up the full year revenue guidance. However, the red hot labour market and shortage of skills in high demand suppressed margins, increased attrition and sub-contracting costs, and will continue to remain a headwind for margins.

first published: Jul 15, 2021 03:59 pm

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