Diabytes
Infosys net profit News
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Infosys Salary Hikes: The company reported an 11.4 per cent year-on-year rise in its net profit for Q3FY25 at Rs 6,806 crore, compared with Rs 6,106 crore in the same quarter last year.
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Infosys has also raised its full-year revenue growth guidance to 3.75-4.5 per cent.
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Infosys reports 11% net profit for Q2 in this FY.
Company`s revenue from operations jumped by 23.4 % to Rs 36,538 crore till September 30, 2022.
Wipro reported earlier 9% profit loss for Q2.
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Sequentially too, net profit increased 37.6 percent from Rs 3,726 crore quarter ago.
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Infosys Ltd, India's second- largest IT services firm, on Friday reported better-than-expected 16 percent rise in the fourth-quarter net profit and forecast strong revenue growth for the current fiscal on new client additions.
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With a deal pipeline of about USD 3 billion and strong growth levers in place, software services giant Infosys today said it is confident of returning to "industry-leading" growth by next financial year.
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The IT major also revised its current fiscal constant currency revenue guidance upwards to 12.8-13.2 percent.
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Infosys' revenue rose 15.2 percent to Rs 15,902 crore.
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At the NSE, shares of the company climbed 11.12 percent to Rs 1,112.65 at close.
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Infosys Ltd Tuesday reported better than expected 5 percent rise in June quarter net profit and raised its full-year sales growth forecast as business revamp helped it win more IT contracts.
Consolidated revenue for the quarter was up 12.4 per cent to Rs 14,354 crore, from Rs 12,770 crore in April-June, 2014.
India's second largest software services firm Infosys on Tuesday reported a 4.9 percent increase in its consolidated profit at Rs 3,030 crore for the April-June quarter.
Infosys CEO Vishal Sikka remains confident that achieving revenue of USD 20 billion by 2020 is a "feasible and viable" target even as the company posted lower-than-expected fourth quarter earnings Friday.
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IT services major Infosys on Friday reported a moderate 3.5 percent growth in its net profit at Rs 3,097 crore for the quarter ended March 31, missing market expectations as business remained challenging for the company.
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