Infosys Results

2024 - 1 - 11

Infosys Q3 Results: What You Need to Know

Indian stock market - Infosys - IT sector - Q3 results - Revenue growth - TCS

Infosys Q3 results are in! Discover the latest on profit, revenue growth guidance, and more. Read on for a detailed update!

Infosys recently released its Q3 results, showcasing a 7% decrease in profits, aligning with analyst projections. The IT giant revised its FY24 revenue growth guidance and maintained its EBIT margin guidance. Despite a 1.7% sequential fall in net profit, Infosys remains optimistic about its performance. Large deal wins totaling $3.2 billion signal strength in the market. The company reported a consolidated PAT of Rs 6106 crore for the quarter.

In the competitive IT sector, Infosys faces comparisons with TCS, the country's largest IT company. While TCS results were mixed, Infosys's performance remains resilient. Both companies are closely watched by investors for market trends. The Q3 results reveal a 1% increase in revenue from operations and a revised revenue guidance in constant currency terms. Infosys's ADRs climbed 4% post-results, indicating investor confidence.

Indian IT stocks rallied after both TCS and Infosys posted better-than-expected results. Market leaders' performance influences sector sentiment and investor behavior. The key takeaways from the results include revenue and profit growth, highlighting the sector's stability amidst global uncertainties.

As the IT landscape evolves, Infosys and TCS continue to shape market expectations with their quarterly performances. The companies' strategies and financial health impact industry trends, shaping the future of IT services in India and globally.

Did you know that Infosys reported a 7% YoY profit decline, emphasizing the challenges faced in the market? Additionally, the company's focus on maintaining strong deal wins reflects its strategic positioning in the industry.

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Image courtesy of "Business Today"

Infosys Q3 results: Profit down 7.3%, FY24 guidance revised ... (Business Today)

Infosys Q3 results: The profit de-growth came in line with analyst projections of 5-8 per cent de-growth. The Bengaluru-based IT firm said its revenue for ...

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Image courtesy of "CNBCTV18"

Infosys Q3 Results: FY24 revenue growth guidance revised; Wage ... (CNBCTV18)

Infosys Q3 Results: The company has also maintained its EBIT margin guidance for financial year 2024 between 20% and 22%.

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Image courtesy of "Livemint"

Infosys Q3 Results Live Updates: Infosys has 100000 employees ... (Livemint)

Infosys Q3 Results Live Updates: Infosys, India's second largest IT services company, reported a 1.7% sequential fall in its consolidated net profit for the ...

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Image courtesy of "Moneycontrol.com"

Infosys Q3 results: Net profit falls 7% YoY to Rs 6106 crore; misses ... (Moneycontrol.com)

On a sequential basis, the company's bottomline declined by 1.7 percent, the Bengaluru-based company said in a regulatory filing on January 11.

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Image courtesy of "Zee Business"

Infosys Q3 Results: Company reports consolidated PAT of Rs 6106 ... (Zee Business)

Infosys Q3 Results: “Our performance in Q3 was resilient. Large deal wins were strong at $3.2 billion," said Salil Parekh, CEO and MD.

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Image courtesy of "अमर उजाला"

Business Updates: वित्तीय वर्ष 2024 की तीसरी तिमाही के नतीजे जारी ... (अमर उजाला)

Business Updates: वित्तीय वर्ष 2024 की तीसरी तिमाही के नतीजे जारी; टीसीएस का मुनाफा 2% बढ़ा, इंफोसिस ने ये कहा.

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Image courtesy of "Zee Business हिंदी"

बाजार बंद होते ही Infosys ने जारी किये नतीजे, अनुमान से कमजोर; मुनाफा ... (Zee Business हिंदी)

Infosys Q3FY24 results: इन्‍फोसिस ने तीसरी तिमाही के नतीजे जारी किए . कंपनी को अक्‍टूबर-दिसंबर 2023 तिमाही में 6106 करोड़ रुपये का नेट मुनाफा हुआ ...

Infosys Q3 Results: Profit falls 7% YoY to Rs 6106 crore; company ... (The Economic Times)

Infosys Q3 Results: Revenue from operations during the third quarter rose by 1% to Rs 38821 crore, compared with Rs 38318 crore in the corresponding quarter ...

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Image courtesy of "Hindustan Times"

Infosys Q3 results: Profit misses view on weak demand, narrows ... (Hindustan Times)

Infosys Q3 net profit declines by 7.3 pc to ₹6106 crore; revenue up 1.3 pc at ₹38821 crore: Company filing.

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Image courtesy of "मनी कंट्रोल"

Infosys Q3 Results : दिसंबर तिमाही में 7% घटा नेट प्रॉफिट, अनुमान से ... (मनी कंट्रोल)

Infosys Q3 Results : दिसंबर तिमाही में कंपनी के नेट प्रॉफिट में 7.3 फीसदी की गिरावट आई है और यह 6106 करोड़ रुपये पर आ गया है।

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Image courtesy of "Times of India"

Infosys Q3 results: IT major reports net profit of Rs 6106 crore, down ... (Times of India)

The revenue from operations in the third quarter saw a 1% increase to Rs 38,821 crore. Infosys has revised its revenue guidance for constant currency terms to ...

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Image courtesy of "Zee Business"

Infosys Q3 Results Live Updates: Bengaluru-based IT major reports ... (Zee Business)

Infosys Q3 Results Live Updates: Infosys, India's second largest IT services exporter, reported its financial results on January 11.

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Image courtesy of "आज तक"

TCS Vs Infosys Q3 Result: टाटा की सबसे बड़ी कंपनी को इतना हुआ प्रॉफिट ... (आज तक)

देश की सबसे बड़ी आईटी कंपनी टाटा कंसल्टेंसी सर्विसेज लिमिटेड (TCS) के नतीजे मिले-जुले रहे. जबकि इस सेक्टर की दूसरी दिग्गज कंपनी ...

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Image courtesy of "दैनिक जागरण"

Infosys Q3 Result: बाजार बंद होने के बाद जारी हुआ इंफोसिस के तिमाही ... (दैनिक जागरण)

Infosys Q3 Result Update आईटी सेक्टर की दिग्गज कंपनी इंफोसिस ने आज अक्टूबर से दिसंबर तिमाही के नतीजों का ऐलान कर दिया है।

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Image courtesy of "Business Today"

Infosys ADRs climb 4% overnight post Q3 results. Is the worst ... (Business Today)

Infosys views its deal pipeline and booking as robust and continues to expect improvement in client sentiment after the positive commentary by the US Fed in ...

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Image courtesy of "Livemint"

TCS, Infosys Q3 Results: Here's how both stocks are likely to open ... (Livemint)

Indian stock market investors will focus on TCS and Infosys shares on Friday, which will react to their Q3 results announcements.

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Image courtesy of "Zee Business"

Analyzing TCS & Infosys Q3 Results: Revenue, Profit Growth ... (Zee Business)

Results On Zee | How will be the results of TCS and Infosys in Q3? How will be the income and profit growth? Where will the eyes be in the management ...

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Image courtesy of "Reuters"

Indian IT stocks rally on TCS, Infosys better-than-feared results (Reuters)

Indian IT companies rallied more than 4% on Friday after market leaders Tata Consultancy Services and Infosys posted better-than-feared quarterly reports, ...

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Image courtesy of "The Hindu BusinessLine"

TCS and Infosys Q3 results: Key takeaways and what should ... (The Hindu BusinessLine)

Updated - January 11, 2024 at 09:26 PM. With Infosys trading at trailing PE of 25 times and TCS trading at 30 times, the risk reward is not favourable at all.

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