Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.

Infosys reported a slight miss on its Q2 net profit and revenue, yet it still raised its FY25 revenue growth guidance, a decision that ignited optimism among brokerages.

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.

Shares of IT companies like Mphasis and Tech Mahindra climbed up to 5.5% on the NSE today ahead of the second-quarter results from Infosys, Wipro, and LTIMindtree.

Tv18 poll of analysts estimates the firm's profit after tax (PAT) to rise 6.1% quarter-on-quarter whereas the firm is expected to maintain FY25 margin guidance of 20-22%. Here are live updates on the

Infosys Ltd reported a 4.7% rise in net profit for Q2 FY24, reaching Rs 6,506 crore. The earnings call started with a tribute to Ratan Tata.

Infosys, the second-largest information technology (IT) services provider in India, is set to unveil its results for the July-September quarter on Thursday, October 17. This announcement is highly anticipated by investors and analysts alike.

Infosys, Wipro, Axis Bank, LTIMindtree, Nestle India, Tata Chemicals, Tata Communications, Indian Overseas Bank, Havells India, Jindal Stainless and Polycab India are among companies that will declare Q2 results today.

Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India. Infosys is poised for healthy growth driven by mega-deals, whereas Wipro may see a revenue decline.