Infosys Q3 Results: Profit rises 11% to Rs 6,806 cr, revenue up 8%

India’s second largest IT services exporter ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms”>Infosys reported 11% YoY growth in its consolidated net profit at Rs 6,806 crore, while revenue from operations increased 8% YoY to Rs 41,764 crore.

Infosys Revenue Guidance

The IT services company has revised its revenue guidance upwards to 4.5%-5% for the current fiscal year.

The Bengaluru-based company clocked a strong constant currency revenue growth of 6.1% YoY, while the same was up 1.7% quarter-on-quarter.

Infosys also sees operating margins to be around 20-22% in FY25.

Operating profit during the third quarter increased 12% YoY to Rs 8,912 crore, while operating margins expanded 80 basis points to 21.3%.

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The company has clocked a large deal TCV (total contract value) of $2.5 billion during the December quarter, which was up marginally from $2.4 billion in the preceding September quarter.

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Infosys Management Talk

“Our strong revenue growth sequentially in a seasonally weak quarter and broad-based year on year growth, along with robust operating parameters and margins, is a clear reflection of the success of our differentiated digital offerings, market positioning, and key strategic initiatives,” said Salil Parekh, CEO and MD, Infosys.More to come…

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Infosys Revenue Guidance

The IT services company has revised its revenue guidance upwards to 4.5%-5% for the current fiscal year.

The Bengaluru-based company clocked a strong constant currency revenue growth of 6.1% YoY, while the same was up 1.7% quarter-on-quarter.

Infosys also sees operating margins to be around 20-22% in FY25.

Operating profit during the third quarter increased 12% YoY to Rs 8,912 crore, while operating margins expanded 80 basis points to 21.3%.

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Discover the stories of your interest

Infosys Management Talk

Infosys Q3 Results: Profit rises 11% to Rs 6,806 cr, revenue up 8%

Infosys Revenue Guidance

Discover the stories of your interest

Infosys Management Talk

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