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Business News/ Companies / Europe’s sovereign debt crisis a big issue: Infosys CFO
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Europe’s sovereign debt crisis a big issue: Infosys CFO

Europe’s sovereign debt crisis a big issue: Infosys CFO

Infosys CFO V. Balakrishnan. (File photo)Premium

Infosys CFO V. Balakrishnan. (File photo)

Bangalore: Infosys Ltd’s chief financial officer said on Wednesday a slowdown in the United States and European economies can affect client spending and the sovereign debt crisis in Europe is a “big issue".

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Also Read | Infosys dollar guidance for FY12 down, Q2 growth in line with expectations

Analysts’ views on Infosys quarterly results

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Infosys CFO V. Balakrishnan. (File photo)

Infosys met forecasts with a 9.7% rise in second-quarter profit as a weak rupee boosted margins, but cut its full-year revenue outlook and warned about global economic uncertainty.

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Published: 12 Oct 2011, 11:06 AM IST
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