BENGALURU, Oct 23 Reuters) – Infosys marginally beat estimates for second-quarter revenue on Friday, as demand picked up from its energy and utility sector’s clients and businesses spent more on artificial intelligence services.
Revenue at India’s second-largest IT services provider rose 10.7% to 492.44 billion rupees ($5.19 billion) in the July-September period.
Analysts on average had estimated revenue of 491.32 billion rupees, according to data compiled by LSEG.
($1 = 94.9400 Indian rupees)
(Reporting by Sai Ishwarbharath B in Bengaluru; Editing by Jochelle Mendonca)
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