IT sector companies will kick off the earnings season for the first quarter of FY25, with Tata Consultancy Services (TCS), Infosys, Wipro, and others leading the way in announcing their Q1FY25 results. The earnings of the IT services sector for the April-June 2024 quarter is expected to be a mixed bag with sluggish revenue growth …
Infosys Q1 Results: India’s second-largest software services major will hold its board meeting on July 18 to consider and approve its April-June quarter results of the current fiscal (Q1FY25). The financial results of the June quarter will be presented to the Infosys’ Board of Directors on July 18, 2024 for their approval. In a regulatory …
May 25, 2024, 10:40:39 AM IST Low PE stocks, often regarded as value stocks, are typically favoured for long-term investment strategies. According to Trendlyne data, SBI, LIC, Infosys, HCL Tech, and L&T are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential …
Infosys Q4 Results Highlights: Infosys, the second-largest IT services company in India, announced its Q4 results today, reporting a net profit of ₹7,975 crore in the March quarter, while total revenues came in at ₹37,923 crore. The company said its revenues in constant currency (CC) terms remained flat year-on-year (YoY) and declined by 2.2 per …
Infosys Ltd reported a muted FY25 guidance but its March quarter deal wins came in much higher than analyst etimates of $2-3 million. Its dollar revenue at $4,564 million was below Street expectations but margin was largely in line. This is because the headline numbers were hit by 100 basis points one-time headwind from renegotiation …
Infosys, the second-largest IT services company in India, is set to announce its financial results for the fourth quarter of FY24 on April 18. Infosys Q4 results will be the second quarterly earnings report from the IT sector after Tata Consultancy Services (TCS) released its March quarter earnings last week. The IT major Infosys is …
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 …
Infosys Ltd impressed Dalal Street analysts with its Q3 execution, with margins and sequential revenue in constant currency (CC) terms beating Street estimates, and the revision in FY24 revenue guidance coming in broadly in line with analyst estimates. The net new deal wins for the quarter was a positive surprise. Still analysts are mixed over …
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 …