Infosys October-December quarter net profit up 23.7% at Rs 4466 cr; raises FY20 revenue outlook to 10-10.5%
5 years, 2 months ago

Infosys October-December quarter net profit up 23.7% at Rs 4466 cr; raises FY20 revenue outlook to 10-10.5%

Firstpost  

Bengaluru: Country’s second-largest IT services major Infosys on Friday reported a 23.7 percent rise in consolidated net profit at Rs 4,466 crore for the December quarter. The company had posted a net profit of Rs 3,610 crore in the year-ago period, Infosys said in a BSE filing. #3QWithCNBCTV18 | Infosys reports Q3 results with rise in net profit & revenue on a sequential basis; Here's what the CEO & MD of the company has to say pic.twitter.com/wERZPaMpbH — CNBC-TV18 January 10, 2020 “Q3 results further underscore that we remain steadfast in our journey of sustained client relevance and deepening engagement with them, as they partner with us in navigating their next in the digital transformation era,” Infosys CEO and MD Salil Parekh said. In US dollars, Infosys net profit grew 24.8 percent to $627 million in the December quarter, while revenues rose 8.6 percent to $3.24 billion.

Revenue Cnbc Infosys Net Profit  crore  results  octoberdecember  added  infosys  company  revenue  net  profit  rs  fy20  outlook  quarter  raises

History of this topic

Infosys share price dips after JP Morgan’s downgrade; promoter Shruti Shibulal acquires company shares worth ₹469 crore
2 weeks, 3 days ago

Infosys share price dips after JP Morgan’s downgrade; promoter Shruti Shibulal acquires company shares worth ₹469 crore

Live Mint  

IT major Infosys share price continues to decline for second session straight on Thursday. Infosys share price has been on focus after one of the promoter's Shruti Shibulal bought additional 29.84 lakh shares of the IT giant. Shibulal, recently purchased 2,984,057 shares of Infosys at an average price of ₹1,657 per share, totaling ₹494.46 crore. JP Morgan downgrades Infosys stock …

Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore
2 weeks, 4 days ago

Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore

Live Mint  

Infosys block deal on March 12: Shruti Shibulal, one of Infosys's promoters, acquired additional shares of India's second-largest information technology giant on Wednesday, March 12, through an open market transaction for ₹469 crore. Infosys Q3 Results On January 16, the Sahil Parekh-led tech giant reported a rise of 11.4 per cent in net profit to ₹6,806 crore in the October-December …

Infosys salary hike: India’s second-largest IT major rolls out increments for employees, average hike pegged at 5-8%
1 month ago

Infosys salary hike: India’s second-largest IT major rolls out increments for employees, average hike pegged at 5-8%

Live Mint  

Infosys salary hike: India’s second-largest information technology services company, Infosys, has begun implementing employee salary hikes. On average, the salary hikes for most of the employees at Infosys range from 5-8 per cent. "Broadly, the comp that we are expecting is 6-8 per cent in India, and the overseas comps will be in line with the earlier comp reviews," Infosys’ …

Infosys employees get 5-8% salary hikes, lower than before: Report
1 month ago

Infosys employees get 5-8% salary hikes, lower than before: Report

India Today  

Infosys has rolled out salary hikes for its employees, but the increases are lower than in previous years, according to a report by The Economic Times. The IT firm sent salary revision letters to employees, offering hikes between 5% and 8% for most, depending on their performance rating. The company classified employees into three performance categories "met expectations," "commendable performance," …

Stocks to Watch: Swiggy, Info Edge, Welspun Corp, Cummins, and more
Trending News
1 month, 3 weeks ago

Stocks to Watch: Swiggy, Info Edge, Welspun Corp, Cummins, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. On the financial front, Info Edge posted a net profit of ₹242.59 crore for Q3 FY25, marking a 60.6 percent increase from ₹151.09 crore a year earlier. CMS Info Systems posted a 7.1 percent year-on-year increase in net profit at ₹93.2 crore for Q3 FY25, compared …

Infobean Technologies Q3 Results 2025 on 29 Jan, 2025: profit rise by 26.98% YOY, profit at ₹7.06 crore and revenue at ₹96.33 crore
2 months ago

Infobean Technologies Q3 Results 2025 on 29 Jan, 2025: profit rise by 26.98% YOY, profit at ₹7.06 crore and revenue at ₹96.33 crore

Live Mint  

Infobean Technologies Q3 Results 2025:Infobean Technologies declared their Q3 results on 28 Jan, 2025. Infobean Technologies Q3 Results The operating income was down by 37.74% q-o-q but showed a significant increase of 136.81% Y-o-Y. Infobean Technologies has delivered -23.22% return in the last 1 week, -28.45% return in the last 6 months, and -23.39% YTD return. Infobean Technologies Financials Period …

Adroit Infotech Q3 Results 2025 on 23 Jan, 2025: profit falls by 65.61% YOY, profit at ₹0.54 crore and revenue at ₹7.68 crore
2 months, 1 week ago

Adroit Infotech Q3 Results 2025 on 23 Jan, 2025: profit falls by 65.61% YOY, profit at ₹0.54 crore and revenue at ₹7.68 crore

Live Mint  

Adroit Infotech Q3 Results 2025:Adroit Infotech declared their Q3 results on 22 Jan, 2025, revealing a mixed performance for the quarter. In comparison to the previous quarter, Adroit Infotech showed positive growth, with revenue growing by 8.63% and profit increasing by 20%. Adroit Infotech has seen a -3.25% return in the last week, a 5.01% return over the last six …

Infosys investors blow hot and cold on Q3 revenue beat, guidance revision
2 months, 2 weeks ago

Infosys investors blow hot and cold on Q3 revenue beat, guidance revision

Live Mint  

Infosys Ltd investors are edgy and hardly impressed by the positives of its December quarter results. This prompted Infosys to raise its FY25 year-on-year constant currency revenue growth guidance 4.5-5% from 3.75-4.5% earlier. The beat in Q3FY25 revenue growth was largely driven by higher revenues from sale of third-party items bought for service delivery to clients, also known as pass-through …

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns
2 months, 2 weeks ago

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns

Hindustan Times  

Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings. The company's revenue growth was driven by a higher component of "third-party items" in its deal pipeline, "which drove concerns around the quality of the beat and raise", Morgan Stanley analysts said in a …

Stocks to Watch: RIL, Infosys, Axis Bank, Metro Brands, LTIMindtree, and more
2 months, 2 weeks ago

Stocks to Watch: RIL, Infosys, Axis Bank, Metro Brands, LTIMindtree, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Axis Bank: Axis Bank recorded a 4 percent year-on-year growth in standalone net profit, which stood at ₹6,304 crore for the December quarter. Metro Brands: Metro Brands reported a 3.9 percent year-on-year decline in net profit at ₹95 crore for the December quarter. LTIMindtree: LTIMindtree reported …

Infosys to roll out 6-8% annual salary hikes in India from January 2025: Report
Trending News
2 months, 2 weeks ago

Infosys to roll out 6-8% annual salary hikes in India from January 2025: Report

Hindustan Times  

Infosys will be rolling out 6-8% annual salary hikes for employees in India from January 2025, according to a Moneycontrol report. "Broadly, the comp that we are expecting is 6-8% in India, and the overseas comps will be in line with the earlier comp reviews," the report quoted Infosys’ Chief Financial Officer Jayesh Sanghrajka as saying while addressing the press …

Infosys share price cracks 5% after Q3 results, following overnight fall in Infosys ADR
2 months, 2 weeks ago

Infosys share price cracks 5% after Q3 results, following overnight fall in Infosys ADR

Live Mint  

Infosys share price declined nearly 5% on Friday, following overnight plunge in the IT giant’s American Depositary Receipt listed on New York Stock Exchange. Infosys Q3 Results Infosys, India’s second-largest software services provider, reported 4.6% rise in its net profit at ₹6,806 crore for the quarter ended December 2024 from ₹6,506 crore in the previous quarter. Infosys Q3 Results Review …

Explained: Why Infosys share price tumbled over 5% after strong Q3 results
2 months, 2 weeks ago

Explained: Why Infosys share price tumbled over 5% after strong Q3 results

India Today  

Shares of IT giant Infosys fell sharply on Friday, declining over 5% in early trade on the Bombay Stock Exchange, following an overnight drop in its American Depositary Receipt listed on the New York Stock Exchange. It may be noted that the country's second-largest IT services provider reported an 11% year-on-year rise in consolidated net profit to Rs 6,806 crore. …

Infosys is said to offer 6-8 per cent salary hike to employees
2 months, 2 weeks ago

Infosys is said to offer 6-8 per cent salary hike to employees

India Today  

Infosys is reportedly gearing up to offer a salary hike of 6-8 per cent to its employees, with the increments set to be rolled out in two phases, starting from January 1, 2025, and April 1, 2025. Jayesh Sanghrajka, the Chief Financial Officer of Infosys, indicated that these salary hikes are likely to impact the company’s margins in the last …

Infosys ADR down 6% on NYSE after IT major reports Q3FY25 results
2 months, 2 weeks ago

Infosys ADR down 6% on NYSE after IT major reports Q3FY25 results

Live Mint  

Infosys ADR: American Depository Receipt shares of India's second-largest software services provider witnessed a sharp decline on the New York Stock Exchange after declaring its October-December quarter results for fiscal 2024-25. Infosys ADR crashed six per cent to $21.515 on the American stock exchange even after the IT major hiked its FY25 revenue growth guidance for the third straight quarter …

Infosys Q3 net profit rises 11.4%; revises full-year revenue guidance upwards
2 months, 2 weeks ago

Infosys Q3 net profit rises 11.4%; revises full-year revenue guidance upwards

The Hindu  

Infosys Ltd., Bengaluru-based tech firm, on Thursday reported a 11.4% year-on-year growth in net profit to ₹6,806 crore. Buoyed by Q3 performances and positive market outlook, the company revised its FY25 revenue guidance upwards to 4.5-5% from 3.75-4.5%. ‘’This has led to another quarter of strong large deal wins and improved deal pipeline giving us greater confidence as we look …

Infosys beats TCS as growth continues on the back of North America business
2 months, 2 weeks ago

Infosys beats TCS as growth continues on the back of North America business

Live Mint  

The growth engines that fuelled Infosys Ltd’s performance in the first half of the financial year retained momentum in the December quarter helped by strong business in its core North American market. India’s second-largest information technology services company also raised its full-year revenue outlook for the third time this financial year, crediting improving discretionary spending by financial services companies in …

IT major Infosys posts 11.4% YoY rise in net profit to ₹6,806 crore; here are 5 key highlights
2 months, 2 weeks ago

IT major Infosys posts 11.4% YoY rise in net profit to ₹6,806 crore; here are 5 key highlights

Live Mint  

Infosys, India's second-largest IT services exporter, posted an 11 per cent year-on-year increase in consolidated net profit, reaching ₹6,806 crore, while its revenue from operations rose by 8 per cent YoY to ₹41,764 crore. Here are five key highlights from Infosys Q3 results - Net profit The company reported a net profit of ₹6,806 crore for the quarter under review, …

Infosys attrition rate rises to 13.7% in December quarter, headcount rises by 5,591 to 3.23 lakh employees
2 months, 2 weeks ago

Infosys attrition rate rises to 13.7% in December quarter, headcount rises by 5,591 to 3.23 lakh employees

Live Mint  

Infosys Q3 Results: Infosys announced its October-December quarter results for fiscal 2024-25 on Thursday, January 16, 2025, reporting an attrition rate of 13.7 per cent, compared to 12.9 per cent in the preceding September quarter and the year-ago period. India's second-largest software services company added a net of 5,591 employees in the third quarter of the current fiscal year, bringing …

Infosys Q3 Results: Net profit rises 11.4% YoY to ₹6,806 crore; revenue up 7.6%
2 months, 2 weeks ago

Infosys Q3 Results: Net profit rises 11.4% YoY to ₹6,806 crore; revenue up 7.6%

Live Mint  

Infosys Q3 results: Indian information technology company, Infosys announced its October-December quarterly earnings for the financial year 2024-25 today, Thursday, January 16, 2025. Check Live blog The company posted a new profit of ₹6,806 crore in the quarter under review as against ₹6,106 crore in Q3FY24, up 11.4 percent on a year-on-year basis. Meanwhile, its revenue rose 7.6 percent to …

Infosys Q3 Results: Net profit surges 11% to Rs 6,806 crore, revenue up 8%
2 months, 2 weeks ago

Infosys Q3 Results: Net profit surges 11% to Rs 6,806 crore, revenue up 8%

India Today  

IT giant Infosys reported its third quarter results on Thursday, posting an 11% year-on-year rise in consolidated net profit to Rs 6,806 crore. The Bengaluru-based tech giant also revised its revenue guidance for the current fiscal year upward to 4.5%-5%, signalling optimism in its growth trajectory despite global economic uncertainties. GOOD DEALS DRIVE POSITIVE Q3 GROWTH Infosys clocked a total …

Infosys Q3 results tomorrow: 5 things to watch out for
2 months, 2 weeks ago

Infosys Q3 results tomorrow: 5 things to watch out for

Live Mint  

When Infosys Ltd announces its third-quarter results on Thursday, investors and analysts will be looking for clues into whether the company can overcome potential growth obstacles and if it is on course to surpass its FY24 performance. The two Indian information technology services companies that have so far announced results for the December quarter—a seasonally weak period for the sector …

Salary hikes coming! Infosys workers may get pay bumps from February, says report
2 months, 2 weeks ago

Salary hikes coming! Infosys workers may get pay bumps from February, says report

Live Mint  

Employees of IT giant Infosys may get letters regarding their salary hikes in February 2025, according to a report by The Economic Times citing sources. All employees at job level five and below are likely to get raise from February, with effect from January 1, 2025, in what will be a sweet start this new year, the report added, citing …

Looking within: Infosys turns to employees for new ideas to be scaled up as business offerings
Trending News
2 months, 3 weeks ago

Looking within: Infosys turns to employees for new ideas to be scaled up as business offerings

Live Mint  

In a first, Infosys Ltd has asked employees to think out of the box and come up with new ideas that can be scaled up and offered to clients as part of a business incubator programme. A core objective of the ‘Be The Next Business Incubator’ programme, which is open to all employees across job levels, locations and subsidiaries, is …

Infosys delays salary hikes, here is when employees will get it
Trending News
2 months, 3 weeks ago

Infosys delays salary hikes, here is when employees will get it

India Today  

Infosys has delayed its annual salary hikes, with employees now getting increments in the fourth quarter of the current financial year. Other IT firms like HCLTech, LTIMindtree, and L&T Tech Services have also skipped salary hikes recently in efforts to manage costs and maintain profitability. MoneyControl reported that the company’s margins improved slightly by 10 basis points thanks to cost-saving …

Infosys defers annual salary hikes to fourth quarter: Report
Trending News
2 months, 3 weeks ago

Infosys defers annual salary hikes to fourth quarter: Report

Hindustan Times  

Infosys Ltd, India’s second-largest information technology services company has deferred annual wage hikes to the fourth quarter of the financial year 2024-25, Moneycontrol reported. Usually the wage hikes are implemented earlier in the year, and the postponement reflects the uncertainty in global demand for IT services, delayed client budgets, and macroeconomic uncertainties, according to the report. Infosys had said on …

Infosys delays annual wage hikes to Q4 FY25 amid uncertain global demand
2 months, 3 weeks ago

Infosys delays annual wage hikes to Q4 FY25 amid uncertain global demand

Live Mint  

IT major Infosys has deferred the annual wage hikes to the fourth quarter of the current financial year, Moneycontrol reported on Monday. Infosys issued performance bonuses in November In November, Infosys rolled out performance bonuses to eligible employees for the quarter ending September 30, 2024, PTI reported. TCS, Infosys and HCL Technologies are expected to see constant currency revenue growth …

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%
4 months ago

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%

Live Mint  

Infosys Share Price Today on 29-11-2024: At 29 Nov 11:25 today, Infosys shares are trading at price ₹1863.7, 0.34% up from the previous closing price. On the technical front, the stock is trading above the 20,100,300 days SMA & lower than the 5,10,50 day SMA. The stock will have support at 20,100,300 days SMA & face resistance at 5,10,50 days …

Infosys bonus payout: IT major to give 90% average performance bonus to eligible employees for Q2FY25
4 months ago

Infosys bonus payout: IT major to give 90% average performance bonus to eligible employees for Q2FY25

Live Mint  

Infosys bonus payout: Information technology Infosys is handing out a 90 per cent average performance bonus to eligible employees for the July-September quarter of the current fiscal year. According to news agency PTI, while the Bengaluru-headquartered software services major pays an average performance bonus of 90 per cent, the percentage will differ based on individual performance and contribution. Infosys Q2 …

Infosys Distributes 85% Average Performance Bonus For Q2 FY25, Says Report
4 months ago

Infosys Distributes 85% Average Performance Bonus For Q2 FY25, Says Report

ABP News  

India’s IT services giant, Infosys, has reportedly announced an 85 per cent average performance bonus payout for its eligible employees for the second quarter of the September 2024-25 fiscal year. In Q2 FY25, ending September, Infosys continued to lead industry growth for the second consecutive quarter, reporting a 4.7 per cent year-on-year increase in consolidated net profit, reaching Rs 6,506 …

Infosys Share Price Today on 26-11-2024: Infosys share price are up by 1.78%, Nifty down by -0.02%
4 months ago

Infosys Share Price Today on 26-11-2024: Infosys share price are up by 1.78%, Nifty down by -0.02%

Live Mint  

Infosys Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Infosys shares are trading at price ₹1922.75, 1.78% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Infosys Share Price Today on 25-11-2024: Infosys share price are down by -0.48%, Nifty up by 1.82%
4 months ago

Infosys Share Price Today on 25-11-2024: Infosys share price are down by -0.48%, Nifty up by 1.82%

Live Mint  

Infosys Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Infosys shares are trading at price ₹1893.85, -0.48% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Infosys Share Price Today on 22-11-2024: Infosys share price are up by 1.19%, Nifty up by 1.3%
4 months, 1 week ago

Infosys Share Price Today on 22-11-2024: Infosys share price are up by 1.19%, Nifty up by 1.3%

Live Mint  

Infosys Share Price Today on 22-11-2024: At 22 Nov 12:48 today, Infosys shares are trading at price ₹1856, 1.19% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 13-11-2024: Infosys share price are up by 0.02%, Nifty down by -1.36%
4 months, 2 weeks ago

Infosys Share Price Today on 13-11-2024: Infosys share price are up by 0.02%, Nifty down by -1.36%

Live Mint  

Infosys Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Infosys shares are trading at price ₹1868.3, 0.02% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 12-11-2024: Infosys share price are up by 0.06%, Nifty down by -1.07%
4 months, 2 weeks ago

Infosys Share Price Today on 12-11-2024: Infosys share price are up by 0.06%, Nifty down by -1.07%

Live Mint  

Infosys Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Infosys shares are trading at price ₹1861.1, 0.06% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 11-11-2024: Infosys share price are up by 1.58%, Nifty down by -0.03%
4 months, 2 weeks ago

Infosys Share Price Today on 11-11-2024: Infosys share price are up by 1.58%, Nifty down by -0.03%

Live Mint  

Infosys Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Infosys shares are trading at price ₹1860, 1.58% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Share Price Today on 07-11-2024: Infosys share price are down by -1.19%, Nifty down by -1.16%
4 months, 3 weeks ago

Infosys Share Price Today on 07-11-2024: Infosys share price are down by -1.19%, Nifty down by -1.16%

Live Mint  

Infosys Share Price Today on 07-11-2024: At 07 Nov 16:00 today, Infosys shares are trading at price ₹1802.65, -1.19% down from the previous closing price. On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at 10,20,50,100 days …

Infosys Price Today: Up 1.04%, Nifty Up 0.97%
5 months ago

Infosys Price Today: Up 1.04%, Nifty Up 0.97%

Live Mint  

Infosys share price is up by 1.04% today, trading at ₹1872.55. The stock has hit a high of ₹1876.9 and a low of ₹1855.05 during the day. The company has a ROE of 32.08%, a P/E of 28.66, and a P/B of 8.53. The company has a 0.00% promoter holding, 15.77% MF holding, & 33.27% FII holding as per filings …

Infosys Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal
5 months, 1 week ago

Infosys Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal

Live Mint  

Infosys share price is trading slightly up today, with a price change of 0.08%. The stock is currently trading at ₹1854, with a high of ₹1877.7 and a low of ₹1846.05. The company has a ROE of 32.08%, a P/E of 28.93, and a P/B of 8.61. The company has a 0.00% promoter holding, 15.77% MF holding, & 33.27% FII …

No Relief For Infosys As Govt Upholds Rs 32,000 Crore GST Claim: Report
7 months, 3 weeks ago

No Relief For Infosys As Govt Upholds Rs 32,000 Crore GST Claim: Report

ABP News  

The government is not considering any relaxation in the tax demand issued to Infosys last month, citing a government source news agency Reuters reported on Tuesday. The government issued a tax demand of over Rs 32,000 crore to Infosys, pertaining to services received from its overseas branches between July 2017 and the 2021-22 fiscal year. Former Infosys board member and …

After ₹32,000 crore demand to Infosys, government said to mull GST notices to other IT majors
7 months, 4 weeks ago

After ₹32,000 crore demand to Infosys, government said to mull GST notices to other IT majors

The Hindu  

Tax authorities may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a ₹32,000-crore tax demand. In serving its highest-ever tax demand on Infosys, the government accused the country’s second largest tech services company of …

Infosys slapped with ₹32,403 crore GST notice for overseas expenses
7 months, 4 weeks ago

Infosys slapped with ₹32,403 crore GST notice for overseas expenses

The Hindu  

GST authorities have slapped a ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting in 2017. The Bengaluru-headquartered IT firm said Karnataka State GST authorities have issued a pre-show cause notice for payment of GST of ₹32,403 crore for the period July 2017 to March 2022 towards the expenses incurred …

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook
8 months, 1 week 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
8 months, 1 week 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%
8 months, 1 week 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 …

Paytm FY24 Revenue Rises 25% To Rs 9,978 Crore; Reports First Full Year EBITDA Before ESOP Profitability (Since IPO) Of Rs 559 Crore
10 months, 1 week ago

Paytm FY24 Revenue Rises 25% To Rs 9,978 Crore; Reports First Full Year EBITDA Before ESOP Profitability (Since IPO) Of Rs 559 Crore

ABP News  

One97 Communications Limited, which owns the brand Paytm, India’s leading payments and financial services distribution company and the pioneer of QR, soundbox, and mobile payments, has announced Q4FY24 and FY24 results. During the 2023-24 financial year, the company continued to build on its strong growth momentum across core payments and financial services distribution business with revenue from operations increasing 25 …

Info Edge India Q4 results : profit at ₹60.39Cr, Revenue increased by 8.7% YoY
10 months, 2 weeks ago

Info Edge India Q4 results : profit at ₹60.39Cr, Revenue increased by 8.7% YoY

Live Mint  

Info Edge India Q4 Results Live : Info Edge India announced their Q4 results on 16 May, 2024, with a topline growth of 8.7% and a profit of ₹60.39 crore. The revenue for Info Edge India saw a growth of 4.83% compared to the previous quarter. In terms of stock performance, Info Edge India delivered -1.43% return in the last …

Infosys to share Q4 earnings today: Check results timing, details and preview here
11 months, 1 week 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
11 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
11 months, 2 weeks 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 …

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