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.
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.
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.
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,
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.
Infosys Q2 Results: Profit rises 5% YoY to Rs 6,506 crore; revenue also up 5%
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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 ...
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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 ...
Wipro rolls out salary hikes for FY25 effective from Sept 1
When asked about fresher backlogs, he assured that they would be cleared by the end of the third quarter (Q3FY25).
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Wipro to clear fresher backlog by Q3 amidst slow headcount growth and revenue challenges
Srini Pallia, CEO of Wipro, emphasised that the company continues to see strong demand in markets such as the Americas and APMEA (Asia Pacific, Middle East, and Africa).
Wipro Shares Jump Over 5% After Q2 Earnings and Bonus Share Announcement
Wipro's share price surged in an early trade today. The rise in stock price is attributed to the dividend announcement and ...
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 ...
Q2 Results LIVE Updates: Infosys net profit rises 4.7% to ₹6,506 crore, Wipro posts 21% surge in PAT to ₹3,209 crore
While Infosys Q2 results are estimated to be decent, with revenue growth led by large deal wins and stable margins, Wipro Q2 ...
Wipro Share Price Today Live: Wipro shares rally as Q2 results beat estimates
IT major Wipro has recorded a 21 per cent profit rise, beating market estimates. While revenue and margins reported were ...
Wipro shares jump 5% on Q2 earnings and bonus share announcement
Wipro shares jumped 5% after posting strong Q2FY25 earnings and announcing a 1:1 bonus share issue. Analysts remain cautious, ...
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 ...