New Delhi, Oct. 23 -- Infosys trimmed its annual revenue growth forecast on Friday despite marginally beating estimates for quarterly revenue after demand from its energy and utility clients picked up.

Revenue at India's second-largest IT services provider rose 10.7% to 492.44 billion rupees ($5.19 billion) in the July-September period.

Analysts on average had estimated revenue of 491.32 billion rupees, according to data compiled by LSEG.

The company revised its revenue growth forecast for the fiscal year ending March 2027 to 1%-2% from its earlier estimate of up 1.5%-3%.

Most analysts had expected the company to downgrade the upper-end of the range to 1.5% to 2.5%.

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