Infosys says seeing client-specific softness after Brexit

Infosys says will be in a better position by October to evaluate the impact of this on its earnings outlook for the current fiscal year

Reuters August 26, 2016 13:05:47 IST
Infosys says seeing client-specific softness after Brexit

Information Technology services provider Infosys Ltd is seeing some 'softness' in clients after Britain voted in June to leave the European Union, a top company executive said during an analyst meet on Friday.

Infosys says seeing clientspecific softness after Brexit

Reuters

Infosys will be in a better position by October to evaluate the impact of this on its earnings outlook for the current fiscal year ending March 31, 2017, Chief Financial Officer Ranganath D Mavinakere said.

"We want to give a more accurate picture on guidance after we execute Q2," he said, adding that he was confident growth in the second quarter would be better than the previous three months.

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