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Infosys tweaks guidance for 3rd time in a row, revenue to grow 1.5-2.0% in FY24
At the beginning of the financial year, Infosys had guided for 4-7% growth in cc revenue for the current financial year. Within three months, this growth outlook saw a sharp cut to 1.0-3.5%, and then to 1.0-2.5% at the end of Q2. The revision in guidance this time was not something that the Street had widely expected.