Infosys Q2 Profit Up 4.7%, Raises Revenue Guidance
By Rediff Money Desk, New Delhi Oct 17, 2024 15:54
Infosys reports a 4.7% rise in Q2 net profit and raises revenue guidance for the fiscal year. Revenue grew by 4.2% to Rs 40,986 crore.
New Delhi, Oct 17 (PTI) Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth.
Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.
Revenue was up 4.2 per cent at Rs 40,986 crore.
Infosys for the second consecutive quarter raised the 2024-25 fiscal year revenue guidance. It now anticipates a growth of 3.75 to 4.50 per cent in revenue in the fiscal year April 2024 to March 2025, up from 3-4 per cent band it had given in the previous quarter.
The company had in July raised the revenue guidance for the fiscal from 1-3 per cent anticipated previously.
Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.
Revenue was up 4.2 per cent at Rs 40,986 crore.
Infosys for the second consecutive quarter raised the 2024-25 fiscal year revenue guidance. It now anticipates a growth of 3.75 to 4.50 per cent in revenue in the fiscal year April 2024 to March 2025, up from 3-4 per cent band it had given in the previous quarter.
The company had in July raised the revenue guidance for the fiscal from 1-3 per cent anticipated previously.
Source: PTI
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