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Infosys, India’s second-largest software services provider, reported 4.6% rise in its net profit at ₹6,806 crore for the quarter ended December 2024 from ₹6,506 crore in the previous quarter.

Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings. Infosys dragged the IT sector down by 2.

The fall in Infosys' US-listed shares came despite the company revising its revenue growth guidance higher for the third quarter in a row. Infosys now expects revenue growth in financial year 2025 to range between 4.

Shares of the IT bellwether Infosys are in focus in Friday's session after the Bengaluru-headquartered IT giant's earnings were announced post-market hours on Thursday. The consolidated profit after tax for the October-December was at Rs 6,

Infosys shares fell nearly 6% on Friday, marking their largest one-day decline since July 2023. The drop followed concerns raised by analysts over the quality of earnings in its third-quarter report.

Infosys shares fell nearly 5% after its Q3 results showed an 11% YoY net profit growth, reaching Rs 6,806 crore, and revenue increasing 8% YoY to Rs 41,764 crore. Despite revising its revenue guidance upwards,

Infosys while declaring its Q3 results, raised its guidance on the back of growth in financial services and manufacturing. For the third consecutive quarter

Infosys ADR price decline suggests the likelihood that Infosys shares will open on weak note when the Indian stock market opens for trading on January 17.

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.