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1 min read

Infosys Q1FY25 results: Net profits jump 7.1%, revenue beats market estimates at Rs 39,315 crore

India's IT giant's Q1FY25 net profit surged 7.1% YoY to Rs 6,368 crore, while revenue was up 3.6% t…

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Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

PTI   


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2 mins read

Stock market today: Sensex, Nifty open in red, media slips by 2% as IT manages marginal lead

In early morning trade, LTI Mindtree, Axis Bank, Infosys, Wipro, and Tech Mahindra gained significa…

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Infosys net profit declines 7.3% to ₹6,106 crore in Q3

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…

PTI   


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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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3 mins read

Margin recovery likely an uphill task for Infosys after Q1 shock

India’s second largest IT services company Infosys reported a sequential decline in its net profit …

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2 mins read

New record: Sensex breaches 73,000 level for first time; Nifty goes past 22k mark

Benchmark equity indices, the Nifty and the Sensex, hit record peaks in early trade on Monday, with…

PTI   


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Friday cheer on D-Street as Nifty and Sensex are off to a flyer

The Indian stock market continued its upward momentum as it opened on a positive note on Friday, wi…

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3 mins read

Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24

Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…

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5 mins read

Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …

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3 mins read

Infosys’ revenue, profit and margin in the red as Coronavirus sweeps over the global economy

Indian IT services major Infosys saw a dip in its revenue growth by 0.8% in constant currency terms…

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Sensex, Nifty slide in Friday morning trade; IT earnings see mixed response

​​Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points…

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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6 mins read

Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance

IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…

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7 mins read

Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations

Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…

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7 mins read

Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares

India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…

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4 mins read

Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…

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4 mins read

Infosys shares surge after Q2 results, ₹9,300 crore buyback announcement

The sharp surge in Infosys shares comes a day after the IT major reported revenue growth on the bac…

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5 mins read

India’s IT sector likely to face macro headwinds until end 2023, say analysts

India’s information technology services companies have been struggling amid heightened fears of rec…

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4 mins read

Sensex, Nifty50 shed over 1% in morning trade as IT stocks plummet post Infosys and TCS’ Q4 results

India’s equity markets fell by over 1% in morning trade on Monday after a meltdown in the IT stocks…