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Infosys Q1fy17

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Infosys Q1 profit falls 4.5%, cuts FY17 dollar revenue guidance

The country's second largest IT services exporter lowered its constant currency revenue growth guidance to 10.5-12 percent from 11.5-13.5 percent.
Infosys may retain FY17 revenue guidance, Q1 profit seen down 4%

Overall, Q1 is expected to be a good quarter for the company. Dollar revenue growth is likely to be supported by currency tailwinds of 50-60 basis points, hence constant currency growth may be around 3.5 percent for the quarter.

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Infosys Q1fy17

Infosys Q1 profit falls 4.5%, cuts FY17 dollar revenue guidance

Infosys may retain FY17 revenue guidance, Q1 profit seen down 4%