The consolidated revenue from the operations increased to ₹27,896 crore, up nearly 18% from ₹23,665 crore YoY and up 6% from ₹26,311 crore QoQ. The IT company's constant currency revenue witnessed a growth of 4.8% quarter-on-quarter (QoQ) and 16.9% on a yearly basis. Infosys said that its large deal flows remained strong with TCV of $2.6 billion in Q1. This gives us confidence to increase our revenue growth guidance to 14%-16%," said Salil Parekh, CEO and MD. Ahead of its Q1 earnings, Infosys shares closed 2.10% higher at ₹1,577.40 apeice on the BSE on Wednesday.

Source: Mint July 14, 2021 10:54 UTC