Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

Infosys CFO Jayesh Sanghrajka said the firm is on track to meet its hiring commitment and will hire over 15,000 staff in the current fiscal year. "We are expecting 20,000 plus fre

Infosys reported Q3FY25 earnings with a profit of ₹6,806 crore, an 11.4% increase year-on-year. Revenue rose 7.6% to ₹41,764 crore. The stock closed down 1.21% at ₹1,926.20 on January 16, 2025.

Results: India's second-largest IT services exporter reports an 11% year-on-year growth in consolidated net profit to Rs 6,806 crore, with revenue from operations increasing by 8% to Rs 41,764 crore.

Quarterly revenue stood at Rs 41,764 crore, reflecting a 7.6 per cent Y-o-Y growth and exceeding the consensus estimate of Rs 41,353 crore. Sequentially, revenue grew by 1.9 per cent

Revenues for YTD Dec24 grew at 3.9% year on year in constant currency and in reported terms. Operating margin was at 21.2%, increase of 0.3% year on year, as per the filing.

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing.

Infosys upgraded its FY25 revenue growth guidance to 4.5-5 per cent in constant currency (CC) terms from 3.75-4.5 per cent. It maintained its margin guidance at 20–22 per cent.

Infosys will announce its quarterly results today (January 16). Infosys result will be declared after the market hours (post 3:30 PM). Infosys is the country's second largest IT company.