Infosys Q3 Preview: Revenue may fall on higher furloughs; will FY24 guidance see a cut?

While December quarter is seasonally weak for the information technology sector, it probably got worse for Infosys Ltd, as the company is expected to report a drop in numbers across parameters.

Deeper furloughs in the quarter and overall slowdown in the business is likely to result in a 1.4-1.7% sequential drop in constant currency revenue for Infosys in the December quarter, according to analysts.