# Infosys Cuts Sales Forecast After Companies Curb IT Spending — retained record

> Retained news record from news:bloomberg-tech.

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source: [news](https://highsignal.app/data/news) (news:bloomberg-tech)  published 2026-10-23 10:52 ingested 2026-10-23 15:30

[original source ↗](https://www.bloomberg.com/news/articles/2026-10-23/infosys-lowers-sales-forecast-after-companies-curb-it-spending)

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Technology

Infosys Cuts Sales Forecast After Companies Curb IT Spending

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Takeaways by Bloomberg AI

Infosys Ltd. lowered its annual sales forecast as clients continue to hold back on technology spending, signaling that a broad-based recovery in IT budgets could prove elusive anytime soon.

Revenue will climb 1% to 2% on a constant-currency basis in the year through March 2027, the company said in a statement Friday. Analysts estimated a growth of 2.03%.
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document fetched 2026-10-23 16:25 · canonical https://bloomberg.com/news/articles/2026-10-23/infosys-lowers-sales-forecast-after-companies-curb-it-spending