The chief executive of Infosys, one of India’s largest technology service companies, announced that artificial intelligence solutions generated 5.5% of the firm’s quarterly earnings during the October-December period.
CEO Salil Parekh shared these figures during a corporate gathering on Tuesday, revealing the growing contribution of AI-related services to the company’s bottom line.
Infosys, which ranks as India’s second-biggest information technology services company, reported total quarterly revenue of 454.79 billion rupees, equivalent to approximately $5.01 billion based on current exchange rates.
The revenue breakdown indicates that AI services contributed roughly $275 million to the company’s third-quarter performance, demonstrating the increasing demand for artificial intelligence solutions in the global marketplace.
