Infosys reports strong Q1 results, raises revenue guidance

Infosys reported Q1 revenues of $4.94bn, up 4.8% year-on-year, with operating margin at 20.8% and earnings per share rising 8.6% to Rs16.70.

Large deal wins totaled $3.8bn, with 55% being net new business. The company raised its revenue growth guidance to 1%-3% in constant currency for the full year.