Infosys reported strong revenue growth of 5.5% QoQ CC (I-Sec: 4.3%) and 3.8% QoQ USD (I-Sec: 3.2%). Sequential growth was strong on the low base of Q4FY22 led by manufacturing (+6.5% QoQ USD), retail (+5.3% QoQ USD), energy & utilities (+7.3% QoQ USD), and communications (+5.5% QoQ USD). Growth in financial services (30% of revenue, up 1.5% QoQ USD) has been muted for the past two quarters. Overall deal TCV was considerably lower.