Infosys revenue News
Infosys Layoffs 2025: Recently, the company posted a 11.7 per cent YoY decline in its net profit to Rs 7,033 crore for the fourth quarter ended March 2025 quarter (Q4 FY25) on April 17.
The company`s revenue for the January-March period rose 22.7% jump.
Infosys and rivals Tata Consultancy Services Ltd and Wipro Ltd have raked in billions of dollars in contracts over the past two years.
Revenue from operations rose to Rs 31,867 crore.
The firm has also bumped up its annual revenue forecast.
India’s IT industry has been a big beneficiary from the pandemic.
The company said on Friday net profit for the three months ended June 30 rose to 38.02 billion rupees from 36.12 billion rupees a year ago. Revenue from operations rose nearly 14%.
Tech giant reports consolidated net profit of Rs 3,690 crore year-on-year in line with market estimates; revenue rose by 5.6% in the last quarter of FY2018
Shares of IT major Infosys on Friday fell by over 5 percent after the company slashed its revenue guidance for the second time this year due to its recent performance and "near-term uncertain business outlook".
Infosys is confident of revenues growing 11.5-13.5 percent this fiscal despite softness in segments like insurance, energy and telecom.
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.
Citing opportunities in the wake of global digital transformation, Sikka said Infosys has the potential to become a leading IT services company in the world and a bellwether once again.
Infosys CEO, Vishal Sikka, has said that the software company expects revenue in this financial year to rise as much as 12 percent, after posting fourth-quarter profit that slightly missed analyst estimates.
Infosys, which provides IT services to clients like Apple Inc , Volkswagen AG and Wal-Mart Stores Inc , said fourth-quarter net profit rose to 30.97 billion rupees.
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.
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.
IT services major Infosys on Friday reported 3.5 percent growth in consolidated net profit to Rs 3,097 crore for the quarter ended March 31.
The company has announced acquisition, bonus issue in the ratio 1:1.
Infosys on Friday announced a 100 percent variable bonus payout to its employees for the December quarter as the country's second largest software services firm tries to stem its high attrition rates.
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