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Infosys Q2 profit rises 5% to Rs 6,506 crore
India's Infosys beats Q2 revenue estimates
Infosys , India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.
Q2 Results LIVE Updates: Infosys net profit rises 4.7% to ₹6,506 crore, revenue up 5%
While Infosys Q2 results are estimated to be decent, with revenue growth led by large deal wins and stable margins, Wipro Q2 results are likely to see flat revenue and margin due to softer deals and the impact of the one-month wage hike.
Infosys Q2 profit rises 5% to Rs 6,506 crore; declares Rs 21 interim dividend
Revenue from operations for India's second-largest software services company also grew by 5% year-on-year, amounting to Rs 40,986 crore.
Infosys Q2 FY25 results: Profit climbs 5% YoY to Rs 6,506 crore; revenue at Rs 40,986 crore
During the second-quarter (Q2 FY25), profit came at Rs 6,506 crore as against Rs 6,212 crore in the year-ago period. The company's revenue jumped 5.1 per cent YoY to Rs 40,986 crore from Rs 38,994 in the corresponding period last year.
Infosys Q2 Results: Net Profit Rises 4.7% to Rs 6,506 Crore, Rs 21 Dividend Declared
Its revenue during July-September 2024 increases 2.4% to Rs 40,986 crore, compared with Rs 38,994 crore in the year-ago period. Net Profit Rises 4.7% to Rs 6,506 Crore, Rs 21 Dividend Declared
Infosys Q2 Results: FY25 revenue growth guidance raised to 3.75% - 4.5%
Infosys reported constant currency revenue growth of 3.1% during the September quarter, slightly higher than the estimates of 3% on a sequential basis.
Infosys Q2 net profit rises to Rs 6,506 crore, guidance raised further; Rs 21 per share dividend declared
Analysts had expected that a ramp-up of large deals, increasing traction in generative AI initiatives, and cost optimisations would drive revenue and margin growth for the Indian IT major.
1h
on MSN
Meet man, who once worked as at Narayana Murthy’s Infosys as office boy, now owns two companies, his business is…
As a key player in a graphic design firm at the time, Bhagat brewed a revolutionary idea - a library of reusable templates he ...
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India’s IT services firms tighten their wage belts. But are they getting fitter?
India’s top IT services firms shrunk their employee costs relative to revenue in the second quarter, even replacing senior ...
1d
on MSN
Infosys Q2 results: India’s 2nd largest IT services company reports 5% YoY rise in profit; announces Rs 21 per share interim dividend
Infosys reported a 5% increase in consolidated net profit for Q2, reaching Rs 6,506 crore, with revenue from operations up 5% ...
1d
on MSN
India's Infosys, Wipro top Q2 revenue estimates as spending revives
(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay ...
20h
Infosys poised to regain its No.2 rank as quarterly revenue edges past Cognizant
Infosys is on pace to reclaim its position as India’s second-largest IT services firm, with its quarterly revenue edging past ...
15h
Meet India's youngest millionaire, just 4 years old, owns shares worth Rs 240 crore, is connected to former PM of UK
Sudha Murty and Narayana Murthy gifted a Rs 240 crore Infosys share to their four-month-old grandson, Ekagrah.
cnbctv18
23h
Infosys and LTIMindtree lead IT hiring turnaround at India’s top 5 five tech firms in Q2
Why Infosys and LTIMindtree standout is the fact that in the June 2024 ended quarter, the two companies had seen their ...
1d
Infosys Revenue Guidance to Lift Indian IT Sector
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
devdiscourse
1d
Infosys Shares Plummet Despite Profit Growth
Infosys shares fell by 4.50% after second quarter earnings. Despite a 4.7% rise in net profit, market valuation dropped ...
1d
India's Infosys Bumps Growth Forecast On High Client Spending
Indian IT giant Infosys raised its annual growth forecast on Thursday for the second time his year after recording a 4.7 percent on-year rise in net profit for the September quarter.
Hosted on MSN
1d
Infosys Share Price: IT stock cracks 3.5% after Q2 results; brokerages mixed
AM, the stock traded in the red at Rs 1,910, down 3 per cent with 27.49 lakh equities changing hands. Infosys Q2 Results.
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