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

Share via:


India’s second largest IT services exporter 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%.

Growfast


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.

Discover the stories of your interest

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

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


India’s second largest IT services exporter 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%.

Growfast


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.

Discover the stories of your interest

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Donald Trump’s AI ambition and China’s DeepSeek overshadow an...

The geopolitics of artificial intelligence will be in...

Talent mobility company BorderPlus raises $7 million from Owl,...

Cross-border workforce mobility startup, BorderPlus, cofounded by Upgrad's...

The Circle FC launches Korea market immersion initiative for...

NEW DELHI: The Circle: Founders Club (The Circle...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!