URL copied to clipboard

Infosys Q2 Profit Climbs 2.2% to ₹6,506 Crore, Falls Short of Expectations, Find Out More!

Infosys Ltd reported a 2.2% Q2 net profit rise to ₹6,506 crore, missing estimates, with revenue growing 4.2% to ₹40,986 crore for the July-September period of FY25.

Infosys Ltd reported a 2.2% quarter-on-quarter increase in its net profit for Q2 FY25, reaching ₹6,506 crore, missing estimates. The company also posted a healthy revenue growth of 4.2% on-quarter, bringing total revenue to ₹40,986 crore for the July-September period.

Alice Blue Image

The company raised its full-year revenue growth guidance to 3.75-4.5%, building on the earlier surprise hike to 3-4% announced in July. Infosys also declared an interim dividend of ₹21 per share, with October 29 as the record date and November 8 for payout.

Also read Central Bank of India Q2 Profit Soars 51% on Lower Provision!

Infosys’ operating margin for Q2 FY25 remained steady at 21.1%. The total contract value (TCV) for large deals signed during the quarter stood at $2.4 billion, reflecting the company’s strong deal pipeline and continued growth in the IT services sector.

The EBIT margin or operating margin remained flat at 21.1%. This performance was supported by cost optimization strategies, improved utilisation rates, and lower onsite costs. The company’s efficiency initiatives helped maintain its profitability despite challenging market conditions.

Also read: Temasek Acquires 17-18% Stake in VFS Global for $950M

Infosys retained its operating margin guidance in the range of 20-22% for FY25, reflecting confidence in sustaining operational efficiencies. This aligns with the company’s ongoing efforts to optimise costs and improve overall productivity in the face of global economic challenges.

Alice Blue Image
Loading
Read More News

Temasek ने VFS Global में $950 मिलियन में हिस्सेदारी खरीदी, कंपनी का मूल्यांकन $5 बिलियन हुआ; विवरण जानें।

Temasek Holdings ने VFS Global Services में 17-18% हिस्सेदारी $950 मिलियन में अधिग्रहित की है, जिससे कंपनी का इक्विटी मूल्यांकन