Infosys Q2 Results Live : Infosys declared their Q2 results on 17 Oct, 2024, revealing a topline increase of 5.11% year-over-year, with profit rising by 4.73%. Compared to the previous quarter, revenue grew by 4.25%, while profit saw a modest increase of 2.17%.

India's second-largest software exporter, Infosys, reported a 5% growth in its consolidated net profit, reaching Rs 6,506 crore in the second quarter, compared to Rs 6,212 crore a year ago.The company has revised its FY25 revenue guidance to 3.

Infosys' revenue is projected to increase by 3.5% to Rs 40,707 crore. Additionally, EBIT is expected to grow by 5.2% to Rs 8,726 crore, with the EBIT margin anticipated to expand by 30 basis points, reaching 21.4%.

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.

Infosys shares gained 2.58 per cent to Rs 1,969.50 on the BSE on Thursday following the results announcement.

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.

(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,

Indian software services giants Infosys and Wipro have surpassed quarterly revenue expectations, buoyed by a resurgence in spending from their primary clients in the financial sector. After more than a year of restrained spending amid economic uncertainties and elevated borrowing costs,