All cloud, no silver lining for Infosys
1 year, 8 months ago

All cloud, no silver lining for Infosys

Live Mint  

There are no silver linings in Infosys Ltd’s results for the March quarter. Unplanned project ramp downs, delays in decision making and one-off impact due to certain cancellations hit revenue growth, the Infosys management said. View Full Image Graphic: Mint Remember, just in January, Infosys had raised its FY23 CC revenue growth guidance to 16-16.5% from 15-16% earlier. “While the US macro had been deteriorating all through CY22, Infosys’s management was holding out hope likely on its interactions with clients and deal flow. Post Q4 results, expectations on Infosys’s growth would taper and its valuation discount to TCS is expected to increase.

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History of this topic

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook
5 months ago

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook

The Hindu  

IT major Infosys Ltd on Thursday reported a 7% rise in first quarter net profit and raised its growth outlook for the current financial year. The consolidated net profit of Infosys increased to ₹6,368 crore in the April-June quarter, compared to ₹5,945 crore in the same period a year back, according to a stock exchange filing by the company. Quarter-on-quarter …

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend
5 months ago

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend

Hindustan Times  

Infosys raised its revenue growth forecast for the financial year 2024-25 on July 18, raising the growth percentage to 4% from 3% earlier. The IT giant's consolidated revenue grew 7% to ₹39,315 crore for the first quarter of the financial year 2024-25 from ₹37,933 during the previous year. The company had previously revised its yearly revenue growth guidance five times …

Infosys Q1 Results: Net Profit Rises 7% To Rs 6,368 Cr; Revenue Growth Outlook Raised To 3-4%
5 months ago

Infosys Q1 Results: Net Profit Rises 7% To Rs 6,368 Cr; Revenue Growth Outlook Raised To 3-4%

News 18  

Infosys Q1 Results 2024: In Q1 FY25, Infosys reported a 7.1% year-on-year increase in net profit to Rs 6,368 crore, surpassing expectations. Infosys Results Today Salil Parekh, CEO and MD, Infosys, said, “We had an excellent start to FY25 with strong and broad-based growth, operating margin expansion, robust large deals, and highest ever cash generation. According to analysts, Infosys was …

Infosys to share Q4 earnings today: Check results timing, details and preview here
8 months ago

Infosys to share Q4 earnings today: Check results timing, details and preview here

Hindustan Times  

Infosys Q4 results: Infosys Ltd will declare its results for the March quarter on April 18 and is expected to declare a muted growth 3-4 per cent year-on-year growth in sales while Ebit margin is seen contracting marginally on a sequential basis amid wage hikes during the quarter. Infosys Q4 results: Infosys results come after IT major Tata Consultancy Services …

Infosys Q4 results announcement soon; revenues to margins, here is what to expect
8 months, 1 week ago

Infosys Q4 results announcement soon; revenues to margins, here is what to expect

Hindustan Times  

After the largest IT services company in India, Tata Consultancy Services last week, now it is the turn of the next tech biggie, Infosys, to reveal its 4th quarterly numbers and that will happen this week on April 18. Expectations are that revenue may drop sequentially, EBIT margins are likely to stay flat. Infosys net profit is likely to be …

Infosys Q4 Preview: Revenue, EBIT Margins To Be Muted Amid Weak Demand, Wage Hike
8 months, 1 week ago

Infosys Q4 Preview: Revenue, EBIT Margins To Be Muted Amid Weak Demand, Wage Hike

News 18  

Infosys, the country’s second-largest IT services company, is set to announce its financial results for the fourth quarter ended March 2024 on Thursday, April 18. BNP Paribas in its note said Infosys’ EBIT margin is likely to have declined by 25 basis points in Q4 FY24 to 20.3 per cent due to wage hike impact, visa costs and muted revenue …

Q4 results: TCS reports profit, but what of Infosys and Wipro?
8 months, 1 week ago

Q4 results: TCS reports profit, but what of Infosys and Wipro?

Hindustan Times  

Indian IT firms are all getting ready to reveal their Q4 results and things are looking a little brighter after the biggest tech firm in India, the Tata Consultancy Services reported a profit that actually beat street estimates last week. Bloomberg says, “The annual revenue at Infosys likely grew at the slowest pace since the 2018 fiscal year, consensus shows. …

For IT firms, deal wins paint a grim picture
10 months ago

For IT firms, deal wins paint a grim picture

Live Mint  

The revival hopes for the information technology sector hinge significantly on the rate of deal acquisitions, yet the December quarter witnessed a lukewarm performance in this arena. “Ex-Infosys, last twelve month deal flow growth was 5-18% year-on-year with Tech Mahindra down 41% year-on-year," said a report from Ambit Capital. Subdued deal activity is likely to impact short-term revenue growth across …

TCS, Infosys, other IT majors add $22 bln in market value in 2 sessions: Report
11 months, 1 week ago

TCS, Infosys, other IT majors add $22 bln in market value in 2 sessions: Report

Live Mint  

With last quarter's higher-than-expected sales surprising investors and improving the outlook for the industry, shares of Indian software giants got off to a roaring start in the new year. The four major software companies have added roughly $22 billion in market value in just two trading sessions since Thursday, when the earnings season began, led by industry heavyweights Tata Consultancy …

Q3 results: Top 4 Indian IT companies balance caution and optimism
11 months, 1 week ago

Q3 results: Top 4 Indian IT companies balance caution and optimism

Business Standard  

The third-quarter earnings of the top four Indian IT companies indicate that the demand environment continues to be challenging amid some cautious optimism for the future. Thierry Delaporte, chief executive officer and managing director, Wipro, said during the earnings: “We are starting to see healthy indicators of growth.” Wipro has forecast a muted sequential revenue growth rate of minus 1.5 …

Infosys shares fall, raising demand worries for Indian IT sector
1 year, 2 months ago

Infosys shares fall, raising demand worries for Indian IT sector

The Hindu  

Shares of Infosys, India's No. 2 IT services provider, fell as much as 4.5% on Friday after a cut to the upper end of the company's annual revenue forecast fanned further worries of a delay in demand recovery in the sector. Several analysts said the IT company's move to cut outlook for the second straight quarter was emblematic of near-term …

Infosys share price falls 4% on Q2 result: Here’s what analysts say
1 year, 2 months ago

Infosys share price falls 4% on Q2 result: Here’s what analysts say

Live Mint  

Stock market today: Infosys shares are expected to witness heavy sell off pressure during Friday deals. Infosys ADR price crashed 6.53 per cent on Thursday signaling its disappointment over the Q2 results 2023. Cue Infosys ADR price movement at NYSE Infosys ADR price at NYSE opened lower at $16.40 per share, around 7 per cent lower from its Wednesday close …

Infosys underperforms IT index, can the stock turn around going ahead?
1 year, 3 months ago

Infosys underperforms IT index, can the stock turn around going ahead?

Live Mint  

Infosys share price declined about a percent in intraday trade on BSE on Thursday, in sync with a weak market sentiment even as a day ago the company announced an expansion of its strategic partnership with US chipmaker, Nvidia which, as per market participants, is a positive development. Infosys share price has significantly underperformed its sectoral index BSE IT and …

‘Slowing down’ at clients prompts Infosys to cut revenue growth guidance
1 year, 5 months ago

‘Slowing down’ at clients prompts Infosys to cut revenue growth guidance

The Hindu  

IT services major Infosys Ltd. on Thursday cut its full-year revenue growth guidance citing a distinct “stopping or slowing down” in some verticals, after reporting first-quarter net profit rose 10.9% year-on-year to ₹5,945 crore. The technology services provider pared its FY24 revenue growth forecast by at least 300 basis points to 1-3.5%, from 4-7% projected earlier amid an increasingly challenging …

Revenue guidance cut, headcount falls; 6 key points from Infosys’ Q1FY24 result
1 year, 5 months ago

Revenue guidance cut, headcount falls; 6 key points from Infosys’ Q1FY24 result

Live Mint  

The June quarter numbers of Infosys came mixed. The company registered an operating profit of ₹7,891 crore which was 14.1 per cent YoY while the operating margin came at 20.8 per cent up 70 bps against 20.1 per cent YoY. In constant currency terms, Infosys' Q1FY23 revenue grew 4.2 per cent YoY and one per cent QoQ. Financial services revenue …

Infosys Q1 Results: FY24 revenue guidance sharply trimmed to 1-3.5% from 4-7%
1 year, 5 months ago

Infosys Q1 Results: FY24 revenue guidance sharply trimmed to 1-3.5% from 4-7%

Live Mint  

India’s second-largest information technology company Infosys Ltd announced its April-June quarter results for fiscal 2023-24 on July 20, sharply trimming its revenue guidance to 1-3.5 per cent for FY24 from 4-7 per cent amid an increasingly challenging demand environment. Infosys reported a rise of 11 per cent in net profit to ₹5,945 crore, compared to ₹5,360 crore in the corresponding …

Infosys Q1 Results: Net profit rises 11% on year to ₹5,945 crore
1 year, 5 months ago

Infosys Q1 Results: Net profit rises 11% on year to ₹5,945 crore

Live Mint  

Infosys Q1 Results: Information Technology services major, Infosys Ltd on Thursday reported an 11% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹5,945 crore. The IT company's consolidated revenue from operations stood at ₹37,933 crores during the quarter ended June from ₹34,470 crore in Q1FY23. The company's consolidated total income for the quarter …

Infosys to announce Q1 earnings results for FY24 tomorrow. Where to track, what to expect?
1 year, 5 months ago

Infosys to announce Q1 earnings results for FY24 tomorrow. Where to track, what to expect?

Hindustan Times  

On Thursday, Infosys will announce its earnings results for the first quarter ended June 30 for the financial year 2023-24. Expectations A CNBC TV18 poll expects Infosys' revenue to be at 4591.5 and 37,716, an increase of 0.8% and 0.7% respectively from the previous March quarter. Also, the company is expected to make a net profit of ₹6193.5 crore, 1.1% …

IT firms may revise guidance upward in second half of FY24
1 year, 7 months ago

IT firms may revise guidance upward in second half of FY24

Live Mint  

New Delhi: The information technology services sector, valued at $245 billion in FY23 as per industry body Nasscom, may revise its growth guidance in the second half of this fiscal year, pinning their hopes on improving macroeconomic conditions by the end of the year. Most industry experts and analysts expected large-cap IT service providers to report drops in revenue growth, …

Infosys woes spark selloff in stocks of tech firms
1 year, 8 months ago

Infosys woes spark selloff in stocks of tech firms

Live Mint  

Mumbai: The bear onslaught on 10 technology stocks comprising the Nifty IT index wiped ₹1.03 trillion off investor wealth, with Infosys Ltd alone accounting for a little more than half of the losses, following a slew of price and ratings downgrades after the software major disappointed investors with its sales forecast for the current year, amid a banking crisis in …

Infosys share drops by almost 11%, most since Covid crash
1 year, 8 months ago

Infosys share drops by almost 11%, most since Covid crash

Hindustan Times  

Infosys Ltd shares plunged almost 11 per cent to ₹1,238.25 a piece, the most intraday since March 2020, as concerns about demand for Indian IT services surfaced in the aftermath of US and European banks turmoil and recessionary fears. However, the shares started taking a dip as Infosys predicted that this fiscal year's sales growth will only be between 4% …

Infosys misses revenue estimate, profit and revenue both decline quarter-on-quarter
1 year, 8 months ago

Infosys misses revenue estimate, profit and revenue both decline quarter-on-quarter

The Hindu  

Infosys on Thursday said it recorded an 8% year-on-year increase in fourth-quarter net profit to ₹6,128 crore. “Infosys delivered a surprisingly weak set of numbers for Q4 and missed street estimates on all multiple fronts on the back of unplanned project ramp-downs and cancellation across sectors,” said Sanjeev Hota, head of research, Sharekhan by BNP Paribas. “We have seen unplanned …

Infosys FY24 guidance: Firm sees revenue growth at 4-7% in CC, margins at 20-22%
1 year, 8 months ago

Infosys FY24 guidance: Firm sees revenue growth at 4-7% in CC, margins at 20-22%

Live Mint  

IT company Infosys on Thursday gave a revenue guidance of 4% to 7% in constant currency terms for the current financial year. The Bengaluru-based IT giant also posted a 7.8% year-on-year rise in consolidated net profit at ₹6,128 crore in March quarter of FY23. Infosys - which competes in the market with Tata Consultancy Services, Wipro and other IT firms …

Infosys Q4 Results: Attrition Declines To 20.9%; Low Hiring, Employee Headcount Reduces By 3,611 QoQ
1 year, 8 months ago

Infosys Q4 Results: Attrition Declines To 20.9%; Low Hiring, Employee Headcount Reduces By 3,611 QoQ

News 18  

Infosys Q4 Results: IT services company Infosys on Thursday announced its quarter four results. Infosys posted nearly 8% increase in consolidated net profit at Rs 6,128 crore for the quarter ended March 31, 2023. The company’s total employee counts at the end of quarter four stood at 3,43,234, which is lesser by 3,611 from quarter three headcount of 3,46,845. Meanwhile, …

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore
1 year, 8 months ago

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore

Hindustan Times  

Technology giant Infosys on Thursday said its fourthn quarter net profit rose to 7.8 per cent year-on-year to ₹6,128 crore. Infosys March quarter consolidated net profit rises 7.8 pc year-on-year to ₹ 6,128 crore: Regulatory filing. The company said its March quarter consolidated revenue up by 16 per cent year-on-year at ₹37,441 crore. The company said its revenue rose 16.9 …

Infosys Q4 Results Today: After TCS results, 5 key metrics to watch out for
1 year, 8 months ago

Infosys Q4 Results Today: After TCS results, 5 key metrics to watch out for

Live Mint  

Infosys, an IT company, is slated to announce its fourth-quarter earnings for FY23 today, which may be impacted by seasonal weakness and macroeconomic uncertainties. Revenue growth According to media reports, Infosys is anticipated to experience a revenue growth of approximately 1-2.4 per cent, which may be hindered by macroeconomic challenges. During the third quarter, Infosys experienced a decrease in attrition, …

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say
1 year, 8 months ago

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say

Live Mint  

Shares of information technology services major Infosys rose during Wednesday's trading session a day before the IT company is scheduled to announce its financial results for the March quarter on Thursday, 13 April. Ahead of its fourth quarter results, shares of Infosys have an average price target of ₹1,720.36, as per publicly available data with Trendlyne, which suggests a 20.84 …

Infosys Shares Near 52-Week Low, Plummets 12% in a Month; What Do Analysts Say?
1 year, 9 months ago

Infosys Shares Near 52-Week Low, Plummets 12% in a Month; What Do Analysts Say?

News 18  

Shares of Infosys were down as much as 1.3 per cent on Thursday. The stock is down in 12 of the last 13 sessions and is just 1.5 per cent away from its 52-week low of Rs 1,355.50, which it fell to in September last year. In the past one month, Infosys has underperformed the market by falling 12 per …

Infosys set to pip Cognizant to become 2nd-largest IT services firm
1 year, 10 months ago

Infosys set to pip Cognizant to become 2nd-largest IT services firm

Live Mint  

Cognizant Technology Solutions Corp. saw its revenue slip sequentially in the October-December period and forecast business to fall further in the January-March period, helping Infosys Ltd race past the Nasdaq-listed technology firm to become the second-largest homegrown IT services firm. Infosys, which posted $4.66 billion in revenue in the October-December period, expects to grow between 16% and 16.5% in constant …

Infosys Q3FY23: Know time, date, earnings details of the quarter. What to expect
1 year, 11 months ago

Infosys Q3FY23: Know time, date, earnings details of the quarter. What to expect

Live Mint  

Infosys will be in focus in the trading sessions in the week ahead due to its announcement of third-quarter financial results for fiscal year FY23. As per the regulatory filing, the company will announce results for the third quarter that ended December 31, 2022, on Thursday, January 12, 2023, around 3.45 p.m. Indian Standard Time. Also, the company will conduct …

Infosys closing the gap with Cognizant in terms of revenues
2 years, 1 month ago

Infosys closing the gap with Cognizant in terms of revenues

Live Mint  

Cognizant's September 2022 quarter revenue growth of 5.6% was below guidance of 7.5-8.5% as execution challenges hit performance. Cognizant cuts its CY2022E revenue growth guidance to 7% from 8.5-9.5% in the June 2022 quarter, and 8.5-11.5% at the beginning of the year. "Revenue and bookings were below our expectations as company specific fulfillment challenges were compounded by the impact of …

Infosys Q2FY23 Result: Net Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share Buyback Announced
2 years, 2 months ago

Infosys Q2FY23 Result: Net Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share Buyback Announced

News 18  

Infosys Q2 Results: IT major Infosys on Thursday posted a consolidated net profit of Rs 6,021 crore for the September 2022 quarter, a growth of 11.1 per cent as compared with Rs 5,421 crore in the year-ago quarter. Sequentially, Infosys’ net profit jumped 12.3 per cent as compared with Rs 5,360 crore in the June 2022 quarter. “The board approved …

TCS, Infosys Downgraded By Goldman Sachs From 'Buy' To 'Sell', Wipro Upgraded; Check Details
2 years, 3 months ago

TCS, Infosys Downgraded By Goldman Sachs From 'Buy' To 'Sell', Wipro Upgraded; Check Details

News 18  

Goldman Sachs has downgraded India’s major IT services companies Tata Consultancy Services and Infosys from ‘buy’ to ‘sell’ citing a potential slowdown in their dollar revenue growth amid impending global macroeconomic stress. For the June 2022 quarter, TCS reported a consolidated net profit of Rs 9,478 crore, a jump of 5.2 per cent on a year-on-year basis. The company’s revenue …

Infosys misses profit estimates in Q1 but raises FY23 revenue guidance
2 years, 5 months ago

Infosys misses profit estimates in Q1 but raises FY23 revenue guidance

Live Mint  

IT-giant, Infosys registered a single-digit 3.2% growth in consolidated net profit to ₹5,360 crore for the quarter ending June 30, 2022 compared to a profit of ₹5,195 crore in the same period last year, missing analysts' as rising costs took the shine off deal wins in the quarter. Consolidated revenue, meanwhile, increased by 23.6% in the quarter under review to …

Infosys Q1 Results: Net Profit Rises 3.2% YoY To Rs 5,360 Crore; Revenue Up 23.6%
2 years, 5 months ago

Infosys Q1 Results: Net Profit Rises 3.2% YoY To Rs 5,360 Crore; Revenue Up 23.6%

News 18  

Infosys Q1FY23 Results: IT major Infosys on Sunday reported a consolidated net profit of Rs 5,360 crore for the June 2022 quarter, a growth of 3.2 per cent as compared with Rs 5,195 crore in the year-ago quarter. Sequentially, Infosys’ net profit declined 5.7 per cent as compared with Rs 5,686 crore in the March 2022 quarter. The Bengaluru-based IT …

Infosys shares fall 22% from highs, Why Jefferies has ’Buy’ on the IT stock
2 years, 6 months ago

Infosys shares fall 22% from highs, Why Jefferies has ’Buy’ on the IT stock

Live Mint  

IT major Infosys' shares have fallen 22% from its highs on the back of weak Q4 results due to margin pressures, as well as growing concerns on growth due to worsening macro and rising yields. Analysts at Jefferies believe Infosys is well positioned to deliver 11/15% CAGR in revenue/EPS over FY23-25 as cloud adoption is still low, low US unemployment …

Did Infosys Outperform TCS in Q4? Know Which IT Stock to Buy Post Results
2 years, 8 months ago

Did Infosys Outperform TCS in Q4? Know Which IT Stock to Buy Post Results

News 18  

India’s second-biggest IT service provider Infosys’ net profit rose 12 per cent to Rs 5,686 crore for the quarter ended March from Rs 5,076 crore in the year-ago period while its revenue grew nearly 23 per cent to Rs 32,276 crore as compared to Rs 26,311 crore year-on-year. Infosys has projected 13-15 per cent revenue growth for the current fiscal …

TCS vs Infosys Q4 results: Who performed better during Covid-19 pandemic?
2 years, 8 months ago

TCS vs Infosys Q4 results: Who performed better during Covid-19 pandemic?

India Today  

Tata Consultancy Services and Infosys have announced their results for the fourth quarter of financial year 2021-22 that ended on March 31. PROFIT India's largest IT firm, TCS, has reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore. India's second-largest software services company, Infosys, saw its net profit in the March quarter surge …

Infosys Outperforms TCS in Q4, Revenue Guidance Beats Street Expectations; Should You Buy?
2 years, 8 months ago

Infosys Outperforms TCS in Q4, Revenue Guidance Beats Street Expectations; Should You Buy?

News 18  

Infosys Shares: Infosys, the country’s second-largest IT services company, recorded lower-than-expected earnings growth in March 2022 quarter but the revenue growth guidance for the current financial year has exceeded analysts’ expectations. However, Infosys has given robust guidance for FY23E of 13-15 per cent which indicates a healthy demand outlook. Brokerage firm Motilal Oswal said that strong headcount addition at 22,000, …

Infosys Hiring 2022: IT Major to Recruit 50,000 Freshers, Start Salary Hike from this Month
2 years, 8 months ago

Infosys Hiring 2022: IT Major to Recruit 50,000 Freshers, Start Salary Hike from this Month

News 18  

As attrition rates continued to rise amid a robust environment full of demand, software major Infosys said on Wednesday that it has hired 85,000 freshes — both off campus and on campus — in the financial year ended March 31, 2022. Infosys Hiring Infosys hired as many as 54,396 employees for the year, and the company said that it was …

Infosys offers salary hikes from April, to hire 50,000 freshers this year
2 years, 8 months ago

Infosys offers salary hikes from April, to hire 50,000 freshers this year

Live Mint  

Infosys attrition rate zoomed to 27.7% in March quarter, up from 25.5% in the December quarter, but the management was confident that the rate was actually down in the last quarter. Infosys has hired 85,000 freshers in the financial year gone by and is looking to hire upwards of 50,000 in the current fiscal. “Infosys delivered highest annual growth in …

Infosys Q4 results: Net profit up 12%, FY23 revenue growth seen at 13-15%
2 years, 8 months ago

Infosys Q4 results: Net profit up 12%, FY23 revenue growth seen at 13-15%

Live Mint  

India's second largest IT services exporter Infosys Ltd's consolidated net profit rose 12% to ₹5,686 crore for the March quarter. A Bloomberg consensus estimate expected Infosys to post a net profit of ₹5,961 crore, while revenues were seen at ₹32,709 crore for the March quarter. “Infosys delivered highest annual growth in a decade with broad-based performance driven by deeply differentiated …

Will Infosys Consider Paying Final Dividend Along With Q4 Results After TCS? Know Details
2 years, 8 months ago

Will Infosys Consider Paying Final Dividend Along With Q4 Results After TCS? Know Details

News 18  

Infosys Q4 Results: After IT services giant Tata Consultancy Services kicked off the earnings season on a strong note, its peer Infosys will announce its earnings today, April 13. Meanwhile, HCL has notified BSE that the company’s Board of Directors would meet on April 20 & 21, 2022 to discuss the company’s audited financial results for the fiscal year ended …

Infosys Q4 Results Today: 5 Key Things To Watch Out For
2 years, 8 months ago

Infosys Q4 Results Today: 5 Key Things To Watch Out For

News 18  

As India Inc’s earnings season has started with India’s largest IT services firm TCS declaring its result on Monday, another IT major Infosys is going to announce its financial results on Wednesday. Here’re important parameters the investors need to see in the results: Revenue Growth The company is expected to post a 26.3 year-on-year jump in revenue to Rs 33,219 …

Infosys Q4 Results: IT Major Expected to Report a Stable Quarter; Key Things to Expect
2 years, 8 months ago

Infosys Q4 Results: IT Major Expected to Report a Stable Quarter; Key Things to Expect

News 18  

Infosys Q4 Earnings: Infosys, which is set to announce its financial performance on Wednesday, is expected to report a solid performance, despite a high base. Emkay Global sees Infosys’s profit growing 18.4 per cent to Rs 6,010 crore while sales rising 23.9 per cent YoY to Rs 32,610 crore. Infosys guiding for 12-15 per cent constant currency YoY revenue growth …

TCS, Infosys Q4 Results: IT Sector's Revenue Growth To Moderate in March Quarter?
2 years, 8 months ago

TCS, Infosys Q4 Results: IT Sector's Revenue Growth To Moderate in March Quarter?

News 18  

Information technology stocks like TCS and Infosys have been giving good returns for quite some time. We expect strong demand commentary from IT majors led by Infosys with revenue growth guidance of 11-13 per cent year-on-year CC for FY23.? It said Infosys and TCS are expected to post 1.4-5.5 per cent q-o-q growth CC in revenues, while Mindtree and Coforge …

Infosys Q3 net profit up 11.8% at Rs 5,809-cr, ups FY22 revenue growth outlook to 19.5-20%
2 years, 11 months ago

Infosys Q3 net profit up 11.8% at Rs 5,809-cr, ups FY22 revenue growth outlook to 19.5-20%

Firstpost  

Infosys’ revenue grew 22.9 percent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added New Delhi: India’s second-largest software services firm Infosys on Wednesday reported an 11.8 percent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter. Infosys’ revenue grew 22.9 percent to Rs 31,867 …

Infosys Q2 Net up 11.9%, raises revenue outlook on strong deal pipeline
3 years, 2 months ago

Infosys Q2 Net up 11.9%, raises revenue outlook on strong deal pipeline

India TV News  

Infosys Ltd, India's second-largest IT services company, on Wednesday reported better-than-expected 12 per cent rise in its second-quarter net profit on more contracts from global businesses, a reason that also led to it raising its annual revenue outlook. Net profit in July-September at Rs 5,421 crore, or Rs 12.88 a share, was 11.9 per cent higher than Rs 4,845 crore …

Infosys Q1 Net Profit Jumps 23% To Rs 5,195 Crore
3 years, 5 months ago

Infosys Q1 Net Profit Jumps 23% To Rs 5,195 Crore

ABP News  

Mumbai: Information technology major Infosys on Wednesday reported a 23% jump in its net profit to Rs 5195 crore on the back of large deal wins. "We remain confident of delivering on the margin guidance, underpinned by our comprehensive cost optimization program, despite increasing cost headwinds arising largely from compensation review, talent acquisition and retention", said Nilanjan Roy, Chief Financial …

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