India's Infosys raises annual sales forecast as IT demand returns


FILE PHOTO: Figurines with computers and smartphones are seen in front of Infosys logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

BENGALURU (Reuters) - Infosys topped quarterly results estimates on Thursday as a recovery in demand from clients in its mainstay financial services business helped, prompting India's second-largest IT services firm to raise its yearly revenue forecast.

U.S.-listed shares of the Bengaluru-based company rose as much as 5.1% as of 1240 GMT.

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