Infosys, Wipro exceed Q2 revenue estimates
Infosys, Wipro Revenue Forecasts Fail to Impress Investors
(Reuters) - Infosys, India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.
India's Infosys, Wipro top Q2 revenue estimates as spending revives
(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs,
Infosys Q2 EPS Meets Estimates, Revenues Top; Boost FY25 Revenue Growth Outlook
Indian software services provider Infosys Ltd. (INFY) reported Thursday that its net profit for the second quarter increased to $778
Infosys Raises Sales Forecast on IT Spending Revival Optimism
Infosys Ltd. raised its annual sales forecast for the second time this year, suggesting clients are again willing to spend on software services thanks to resilient growth and slowing inflation in major economies.
Infosys Q2 revenue up 3.3%, Wipro's drops 2.3% YoY
Infosys saw a 3% year-on-year revenue growth in the BFSI sector for the September quarter, with guidance increased for the third consecutive quarter. Wipro's revenue fell 2.3% compared to the previous year but grew 0.
India's Infosys Bumps Growth Forecast On High Client Spending
Indian IT giant Infosys raised its annual growth forecast on Thursday for the second time his year after recording a 4.7 percent on-year rise in net profit for the September quarter.
Compared to Estimates, Infosys (INFY) Q2 Earnings: A Look at Key Metrics
For the quarter ended September 2024, Infosys (INFY) reported revenue of $4.89 billion, up 3.7% over the same period last year. EPS came in at $0.19, compared to $0.18 in the year-ago quarter. The reported revenue represents a surprise of +0.
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Infosys beats Wipro as European clients spur growth
Infosys outpaced Wipro in the September quarter, driven by strong demand from European clients, particularly in banking. The ...
Top stories on 17 October: Infosys, Wipro Q2 results, Bahraich encounter bid, India’s lowest Test score & more
On October 17, Infosys reported a 4.7% rise in Q2 net profit to ₹6,506 crore, while Wipro’s net profit surged 21% to ₹3,209 ...
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IT majors see rise in net profit on back of deal wins
Its peer Wipro posted a 21.2 per cent year-on-year rise in its consolidated net profit at Rs 3,208.8 crore for Q2. Gross ...
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Infosys, Wipro see headcount rise in Q2
On the hiring front, Infosys said it plans to hire between 15,000 to 20,000 freshers in fiscal year 2025, while Wipro said it ...
Infosys developing small language model for specific industry applications
Parekh said the SLM will be rolled out across various sectors with a narrow data set for specific business needs.
Closing Bell: Sensex Falls 494 Points, Nifty Below 24,750; IT Stocks Gain
BSE Sensex ended the day with the decline of 494 points to 81,006 and Nifty fell 221 points to 24,749 on. Nifty Bank fell by ...
Wipro shares: Q2 results solid but Q3 guidance disappoints; here are target prices
The Q3FY25 guidance was muted due to furloughs and softness in key regions, particularly in Europe. Sectors like ...
Mixed bag for TCS, Infosys, HCLTech, Wipro in Q2: BFSI sees uptick, large deals contract
According to analysts, the US Federal Reserve’s interest rate cut impact may start baking into discretionary spending plans ...
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Q2 Results 2024: Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Ceat, among others releasing Q2 results today
Today, companies like Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Havells India, Tata Communications, Central Bank ...