🚀 Business & Startups🇮🇳 India
Infosys Posts Weakest Q1 in Six Years, Names New CEO
mint - companies·Friday, 24 July 2026
Infosys earned $5.08 billion in revenue for the June quarter, up just 2.8% year-on-year — its slowest Q1 growth in six years. The Bengaluru IT giant still met analyst expectations and outperformed three of its four large rivals. The company also announced Ashiss Kumar Dash as CEO-designate.
Why It Matters
Infosys employs hundreds of thousands of Indians and is a bellwether for the entire IT sector. Its growth rate signals how healthy India's biggest export industry really is.
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