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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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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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3 mins read

Infosys is keen on more acquisitions, says CEO Salil Parekh

Infosys is considering further acquisitions in data analytics and SAAS areas, with potential target…

PTI   


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Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice

Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…

ANI   


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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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Gaining market share in automation and cost optimisation deals: Infy CEO

After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…

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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

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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5 mins read

IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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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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3 mins read

Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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3 mins read

Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers

Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…

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5 mins read

Infosys stock tumbles but analysts maintain ‘Buy’ rating on Infosys despite sharp cut in revenue guidance

Shares of Infosys fell by more than 8% on Friday in line with the 9% fall in ADRs on Thursday, afte…

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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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5 mins read

IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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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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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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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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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…