India's Infosys cuts top-end of FY revenue outlook

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Matt Dusk sings Sinatra in Halifax/PEI/Moncton | SaltWireBENGALURU - Infosys on Thursday trimmed the upper-end of its annual revenue growth forecast after reporting quarterly profit below estimates, hurt by an uncertain demand environment.

The country's second-largest IT services firm by revenue said its full-year revenue growth was seen at 1%-2.5% on a constant currency basis, compared to its prior view of 1%-3.5%. The Bengaluru-based company's consolidated net profit climbed to 62.12 billion rupees in the quarter ended Sept. 30, from 60.21 billion rupees a year ago.

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