India’s second largest IT services company, Infosys reported a 1.7% fall in its consolidated net profit for Q3FY24 to ₹6,106 crore from ₹6,212 crore in Q2FY24. The company’s revenue during the quarter fell by 0.4% to ₹38,821 crore from ₹38,994 crore, QoQ. Its revenues in constant currency (CC) terms also declined to $4,663 million. Operating …
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Asian markets traded mixed, while the US stock indices ended lower overnight as mixed …
IT tech major, Infosys witnessed a 7.3% YoY decline in its net profit to ₹6,106 crore in the third quarter of FY24. Despite a significant decline in its net profit, Infosys shares, listed on the US stock market, jumped as much as 4.9% during the opening trade on Thursday, January 11. India’s second-largest IT firm …
India’s second largest IT services provider Infosys Ltd on Thursday reported earnings for the third quarter ended December 31, 2023. The attrition rate in the third quarter of FY24 declined to 12.9 per cent, Infosys said in an exchange filing on Thursday. The voluntary attrition for IT services was reported at 14.6 per cent in …
IT major Infosys on Thursday reported a consolidated net profit of Rs 6,106 crore for the quarter ended December, which was down 7% from Rs 6,586 crore reported in the previous year quarter. The profit figure was slightly below the ET NOW poll estimate of Rs 6140 crore. Revenue from operations during the third quarter …