SOURCE : NEW18 NEWS
Last Updated:January 16, 2025, 17:15 IST
Infosys Q3 Results: IT company revises its revenue guidance upwards to 4.5%-5%; Key points
Infosys Q3 Results
Infosys Q3 Results: Infosys, the Indian IT giant, released its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) on Thursday, January 16, 2025.
The company reported a net profit of Rs 6,806 crore for the quarter, marking an 11.4% year-on-year (YoY) increase compared to Rs 6,106 crore in Q3FY24. On a sequential basis, profit rose 4.6% from Rs 6,506 crore in Q2FY25. The results are above the market estimates.
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Revenue for the quarter grew by 7.6%, reaching Rs 41,764 crore, up from Rs 38,821 crore in the same period last year. Sequentially, revenue saw a modest increase of 1.9% from Rs 40,986 crore in Q2FY25.
The IT major’s operating margin came in at 21.3% for the December quarter, up 0.8% YoY.
Infosys also raised its CC revenue growth guidance for FY25 to 4.5-5% for the third quarter in a row, as against its previous guidance of 3.75-4.5%.
