Infosys (INFY) has released an update.
Infosys reported a robust start to FY25, with a 3.6% sequential revenue growth and a record $1.1 billion in free cash flow, marking a significant year-over-year increase. The company’s operating margin expanded by 1%, and it secured a historic number of large deals totaling $4.1 billion. Additionally, Infosys completed the strategic acquisition of in-tech, enhancing its position in the engineering R&D services sector, particularly within the German automotive industry.
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