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

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.

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.

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

Results: The Bengaluru-based tech giant also revised its revenue guidance for the current fiscal year upward to 4.5%-5%, signaling optimism in its growth trajectory despite global economic uncertainties.

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.