New Delhi, Jan. 16 -- Infosys Ltd is likely to exceed its 3.5% growth target for the fiscal year, as its current projections exclude the expected revenue from a newly acquired Australian information technology firm.

On Wednesday, Infosys management clarified that its guidance to grow 3-3.5% in constant terms does not include the revenue from the Telstra acquisition. In August, Infosys spent $150 million to acquire a 75% stake in Versent, a Telstra-owned company, which generated $138 million in revenue for the year ended June 2025. Infosys had stated that it expects to close the acquisition in the second half of the current fiscal.

"Strong year-to-date performance and robust deal wins have enabled us to revise our revenue guidance for FY...