IT firm Infosys will announce its financial results for the June quarter (Q1 FY25) on Thursday, July 18, and is expected to poststrong sequential revenue growth driven by an increase in large deals.
Infosys, the second largest IT firm by sales, on Thursday said its net profit (after minority interest) grew 10.9 per cent year-on-year (YoY) to Rs 5,945 crore for the June quarter compared with ...
In the June quarter, Infosys’ large deal flows remained strong with total contract value (TCV) of USD 2.6 billion. “…we grew at the fastest pace in Q1 in a decade, at 16.9 per cent year-on ...
According to JPMorgan, Infosys’ BFSI and Hitech segments’ growth could continue to be under pressure. Analysts said that in the Q1 results statement and commentary, investors’ attention will be on the ...
That compares with the Rs 37,843-crore consensus estimate of analysts tracked by Bloomberg. Infosys Q1 Results: Key Highlights (Consolidated, QoQ) Revenue up 1.3% at Rs 37,933 crore, as against an ...
“While Infosys met Q1 FY24 expectations with revenue of $4,617 million, a key disappointment was that it lowered FY24E revenue growth guidance,” Nomura analysts Abhishek Bhandari and Krish Beniwal ...
Infosys Q1 above Street estimates, raises FY25 revenue guidance On a quarter-on-quarter basis, revenue increased by 3.7% from Rs 37,923 crore reported in the January-March quarter. Infosys ...
Infosys CEO (Chief Operating Officer) Vishal Sikka said: "Our persistent focus on execution in Q1 is reflected in broad-based performance on multiple fronts - revenue growth, resilient margins ...
We had good Q1 with large mega deals, but we have seen some of the deal signing and start dates being delayed,'' Infosys CEO Salil Parekh said during an earnings briefing. Accordingly, the revenue ...
While its quarterly numbers may have been in the red, Infosys’ Q1 earnings fared better than its peers like Tata Consultancy Services (TCS) and Wipro. Infosys share price had already jumped by ...
JSW Steel Reports Q1 Net Profit Of Rs 2,428 Crore Ashok Leyland Reports Q1 Net Profit Of Rs 576 crore HUL Reports Q1 Net Profit Of Rs 2,556 crore Infosys Reports Q1 Net Profit Of Rs 5,945 crore HDFC ...
Also read: Shocking Q1 performance a result of execution failure, says Infosys CEO Vishal Sikka The employees would be allowed to sell their stocks, which are being given at par value (Rs 5).