Consumer delays hurting Infosys revenue

BANGALORE, INDIA: Infosys Ltd expects third-quarter revenue growth closer to the lower end of its forecast as customers delay decisions on large contracts, its CEO said at the Reuters India Investment Summit.

It had forecast quarter-on-quarter revenue growth of 3.2-4.5 per cent for the October-December period.

"(Economic uncertainties) are slowing down decisions. We're clearly seeing it. The slowness has increased in the last month or month and a half," S D Shibulal, a co-founder of India's No. 2 software services exporter, said in Bangalore.

The company backed its full-year dollar revenue growth view of 17.1-19.1 percent.