India's No.2 IT services firm Infosys reported its Q1 results, beating quarterly revenue estimates with $4.71 billion against the forecast of $4.66 billion. The revenue growth was driven by a recovery in demand from clients in the financial services and manufacturing verticals. Infosys also met its earnings per share (EPS) estimate of $0.18. Additionally, the company raised its sales forecast for the year, signaling that clients are beginning to boost technology spending, encouraged by a resilient global economy. Infosys' ADR $INFY and market capitalization stands at $87.29 billion.