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 per cent potential upside on the counter. Earnings preview Infosys is expected to report around 15 per cent surge in year-on-year net profit on a 20 per cent rise in net sales for the quarter ended 31 March, 2023. Brokerages largely expect Infosys to guide for 5-8 per cent revenue growth in constant currency terms and 21-23 per cent Ebit margin for FY24. Kotak Institutional Equities expects a 3.1 per cent quarterly decline in profit, followed by Sharekhan at 1.4 per cent, HDFC at 0.8 per cent and Jefferies at 0.1 per cent.

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History of this topic

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%
3 weeks, 4 days 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, LTIM, HCLTech, TCS: Why IT stocks are tumbling today
3 weeks, 6 days ago

Infosys, LTIM, HCLTech, TCS: Why IT stocks are tumbling today

India Today  

Shares of leading Indian IT companies faced significant pressure on Thursday, with stocks like Infosys, TCS, HCLTech, Tech Mahindra, LTIMindtree, and LTTS declining by 2-4%. This raised doubts about the pace of interest rate cuts by the US Federal Reserve, with traders now estimating a 65% chance of a rate cut next month. "The inflation numbers have renewed fears of …

Infosys Distributes 85% Average Performance Bonus For Q2 FY25, Says Report
4 weeks 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 weeks 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 weeks, 1 day 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%
1 month 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%
1 month, 1 week 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%
1 month, 1 week 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%
1 month, 1 week 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%
1 month, 2 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%
1 month, 3 weeks 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
2 months 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 …

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 …

Info Edge India Q4 results : profit at ₹60.39Cr, Revenue increased by 8.7% YoY
7 months, 1 week 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 …

Markets tank in early trade as Middle East tensions flare-up
8 months ago

Markets tank in early trade as Middle East tensions flare-up

The Hindu  

Equity benchmark indices tanked in early trade on April 19, taking their losing streak to the fifth day running, as escalating tensions in the Middle East weighed heavily on investors' sentiment. Fresh foreign fund outflows, uptick in Brent crude oil prices and decline in IT stocks also added to the overall weak sentiment in equities. From the Sensex basket, Infosys …

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

Q4 results today: Infosys, Bajaj Auto, HDFC Life, ICICI Securities among companies to post earnings
8 months, 1 week ago

Q4 results today: Infosys, Bajaj Auto, HDFC Life, ICICI Securities among companies to post earnings

Hindustan Times  

Q4 results today: The financial results for the fourth quarter of FY24 are scheduled to be released on April 18 by a total of 19 companies. These companies include: Infosys Ltd, Bajaj Auto Ltd, HDFC Life Insurance Company Ltd, ICICI Securities Ltd, TV18 Broadcast Ltd, Mastek Ltd, Network18 Media & Investments Ltd, Accelya Solutions India Ltd, Advik Capital Ltd, Eimco …

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 …

Infosys share price touches 52-week high. Buy, hold or book profit?
11 months ago

Infosys share price touches 52-week high. Buy, hold or book profit?

Live Mint  

Stock market today: Infosys shares have been in uptrend after the announcement of Q3 results 2024 on 11th January 2024. Extending its bull trend for yet another session during Friday morning deals, Infosys share price today opened upside and went on to touch an intraday high of ₹1,665.50 per share on the NSE, which turned out its new 52-week high. …

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 …

Sensex hits record 72,720; Nifty at all time high of 21,928 led by IT stocks
11 months, 1 week ago

Sensex hits record 72,720; Nifty at all time high of 21,928 led by IT stocks

India TV News  

Infosys saw a significant jump of over 6 per cent earlier in the trading session, despite reporting a lower-than-expected 7.3 per cent fall in net profit for the December quarter. Tata Consultancy Services rose nearly 4 per cent after reporting an 8.2 per cent growth in net income for the December quarter at ₹11,735 crore. The futures for the S&P …

Stocks to Watch: TCS, Infosys, Spicejet, Nuvama Wealth, Polycab, Kalyani Steels
11 months, 2 weeks ago

Stocks to Watch: TCS, Infosys, Spicejet, Nuvama Wealth, Polycab, Kalyani Steels

Live Mint  

Following are the top ten stocks that are likely to be in focus on Thursday: Tata Consultancy Services: TCS is expected to report a tepid growth in revenue and profit after tax for the third quarter of the current financial year on account of the prevailing weakness in discretionary spending in key markets in the West. Nuvama Wealth Management: The …

Infosys mega AI deal loss affects stock, shares dip nearly 3%
11 months, 4 weeks ago

Infosys mega AI deal loss affects stock, shares dip nearly 3%

Hindustan Times  

Infosys shares declined by nearly 3 per cent on Tuesday after the company revealed that an unnamed global partner, engaged in a $1.5 billion deal focused on AI solutions, decided to terminate its Memorandum of Understanding with the IT giant. Infosys On the last trading session, ahead of the, Infosys shares climbed 1.75 per cent to reach ₹1,561. On September …

Infosys Employees To Get 80% Average Variable Payout For Q2 This Month; Check Details
1 year, 1 month ago

Infosys Employees To Get 80% Average Variable Payout For Q2 This Month; Check Details

News 18  

IT major Infosys is going to give 80 per cent average variable pay to its employees this month for the July-September 2023 quarter, according to an ET report. The 80 per cent average variable pay in September 2023 is, however, higher than the 60 per cent average variable pay received by employees in the April 2023 quarter and 70 per …

Dividend stock 2023: Infosys shares in focus as stock trades ex-dividend today
1 year, 2 months ago

Dividend stock 2023: Infosys shares in focus as stock trades ex-dividend today

Live Mint  

Dividend stock 2023: In this truncated week on Dalal Street, Infosys shares would be in focus today as the Indian IT major is going to trade ex-dividen today. Infosys dividend history Earlier, Infosys shares traded ex-dividend on 2nd June 2023 for finalising the list of eligible Infosys shareholders for payment of ₹17.50 per share final dividend for the financial year …

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 Q2 Print: IT major to roll out wage hikes from Nov 1, skip campus hiring
1 year, 2 months ago

Infosys Q2 Print: IT major to roll out wage hikes from Nov 1, skip campus hiring

Live Mint  

Infosys will roll out salary hikes starting from November 1 and will skip campus hiring this year as it has a ‘way to go’ on utilisation, adding that it will honour the offers that have been made so far, said Nilanjan Roy, Chief Financial Officer, Infosys. India's second largest software services exporter announced its earnings for the July-September quarter of …

Infosys Q2 net rises 3.2%, firm lowers revenue growth guidance
1 year, 2 months ago

Infosys Q2 net rises 3.2%, firm lowers revenue growth guidance

The Hindu  

Tech major Infosys reported a 3.17% increase in second-quarter net profit to ₹6,212 crore, and revised revenue growth guidance for this fiscal to 1% to 2.5% against the earlier estimate of 1% to 3.5%. “With large wins in the last two quarters, we are winning market share in the areas of cost and efficiency,” CEO and MD Salil Parekh said …

TCS results on expected lines; Can Infy, HCL Tech do this to reverse IT trend?
1 year, 2 months ago

TCS results on expected lines; Can Infy, HCL Tech do this to reverse IT trend?

Live Mint  

Q2 results 2023: After announcement of TCS results for Q2FY24, market observers and investors are eagerly awaiting for the announcement of Infosys results and HCL Technologies results today. As TCS results for Q2 2023 were in line with the market expectations, Dalal Street is abuzz about other two IT majors meeting the market expectations. Decoding the TCS Q2 results 2023, …

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 …

CMS Info Systems Q1 Results: Net profit grows by 22% to ₹87 crore
1 year, 5 months ago

CMS Info Systems Q1 Results: Net profit grows by 22% to ₹87 crore

Live Mint  

CMS Info Systems released its Q1 results on 21 July and reported a 22 per cent growth in net income to ₹87 crore for the June 2023 quarter on higher revenue, the firm said in a stock regulatory filing. Apart from this, the firm said the cash logistics business' revenue rose 12 percent to ₹351 crore and gave an operating …

Infosys shares tumble 10% after cut in full-year revenue guidance; mcap falls by ₹43,776 crore
1 year, 5 months ago

Infosys shares tumble 10% after cut in full-year revenue guidance; mcap falls by ₹43,776 crore

The Hindu  

Shares of Infosys tanked nearly 10% on Friday morning after the company reported a lower-than-expected 11% rise in net profit for the June quarter and slashed its FY24 growth outlook. Infosys on Thursday reported a lower-than-expected 11% rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook to 1-3.5%t on delayed …

Markets tumble in early trade; Infosys falls nearly 8% after company slashes FY-24 growth
1 year, 5 months ago

Markets tumble in early trade; Infosys falls nearly 8% after company slashes FY-24 growth

The Hindu  

Equity benchmark indices tumbled in early trade on July 21 after a non-stop record-breaking rally, dragged down by IT behemoth Infosys after the company slashed its FY24 growth outlook. After a record-breaking rally for the past many days, the 30-share BSE Sensex tumbled 749.75 points to 66,822.15 in early trade. From the Sensex pack, Infosys tanked nearly 8% after the …

‘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 …

Infosys ADR plunges 9% in pre-market session on NYSE; here’s why
1 year, 5 months ago

Infosys ADR plunges 9% in pre-market session on NYSE; here’s why

Live Mint  

Infosys' sharp downward revision of its FY24 revenue guidance seems to have disappointed the market as the American Depositary Receipts of the company suffered massive losses in the pre-market session on the New York Stock Exchange. Infosys ADR fell almost 9 per cent to $16.20 in the pre-market session on NYSE. The IT major sharply trimmed its revenue guidance for …

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 attrition rate drops in Q1, employee headcount falls marginally
1 year, 5 months ago

Infosys attrition rate drops in Q1, employee headcount falls marginally

Live Mint  

IT services company Infosys on Thursday declared its Q1 results. The firm also shared an update on the attrition rate at the company which has shown an improvement and stands at 17.3% at the end of June 2023 quarter. Attrition eased to 17.3 per cent from 20.9 per cent in the March quarter and 28.4 per cent in the year-ago …

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% …

Stocks to Watch: LTI Mindtree, Reliance, Tata Elxsi, Sheela Foam, Infosys
1 year, 5 months ago

Stocks to Watch: LTI Mindtree, Reliance, Tata Elxsi, Sheela Foam, Infosys

Live Mint  

Here are the top 10 stocks that are likely to be in focus on Tuesday: LTIMindtree: The IT services firm reported a net profit of ₹1,151 crore, a 4% increase in the June quarter. Reliance Industries: The National Stock Exchange will conduct a special pre-market session on 20 July for Reliance on account of demerger of its financial services business …

IT, Realty remain strong as Sensex, Nifty end in green; Infosys, HCL Tech shine
1 year, 6 months ago

IT, Realty remain strong as Sensex, Nifty end in green; Infosys, HCL Tech shine

Live Mint  

The market ended with decent gains after remaining in the flat-to-green zone mostly on the back of IT, Metal and Realty indices rallying. IT, Metal, and Realty lift Sensex and Nifty by around 0.25% in today's session; HCL Tech and Infosys lead the stock rally View Full Image Sensex at Noon Metal index surges towards noon as it jumps almost …

LTIMindtree shares rise over 1% ahead of Q4FY23 numbers
1 year, 7 months ago

LTIMindtree shares rise over 1% ahead of Q4FY23 numbers

Live Mint  

Shares of LTIMindtree rose over a per cent in early trade on BSE on Thursday ahead of the company's January-March quarter result of the financial year 2022-23. Brokerage firm Axis Securities expects LTIMindtree to report a 23.7 per cent year-on-year and 3.3 per cent quarter-on-quarter rise in the IT firm's revenue driven by the large deal ramp-up. As per the …

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