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Booz Allen: Fiscal Q2 Earnings Snapshot – WTOP News

  • On Friday, Bengaluru-based Infosys Limited reported Revenue of 492.44 billion rupees for the July-September period, rising 10.7%, while lowering its annual growth forecast to 1%–2%.
  • Net profit rose 6.2% to 78.23 billion rupees , falling below the 79.29 billion rupees expected by Analysts, per LSEG-compiled data.
  • Deal wins totaled $5.2 billion during the quarter, up substantially from $3.1 billion in the year-ago period.
  • The rise of artificial intelligence has hurt India's $315 billion IT sector, forcing companies to overhaul business models and offer steep discounts as clients tie fees to productivity gains.
  • Earlier this week, Peers Tata Consultancy Services and HCLTech met Revenue estimates, with investors cheering a new uptick that caused stocks to surge.
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Social News XYZ broke the news on Friday, October 23, 2026.
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