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News for India > Business > Infosys Q3 Results: Net profit rises 11.4% YoY to ₹6,806 crore; revenue up 7.6% | Stock Market News
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Infosys Q3 Results: Net profit rises 11.4% YoY to ₹6,806 crore; revenue up 7.6% | Stock Market News

Last updated: January 16, 2025 4:04 pm
7 months ago
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Infosys Q3 results: Indian information technology (IT) company, Infosys announced its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) today, Thursday, January 16, 2025.

The company posted a new profit of ₹6,806 crore in the quarter under review as against ₹6,106 crore in Q3FY24, up 11.4 percent on a year-on-year (YoY) basis. On a quarterly basis, the profit rose 4.6 percent from ₹6,506 crore in the September quarter (Q2FY25).

Meanwhile, its revenue rose 7.6 percent to ₹41,764 crore versus ₹38,821 crore in the third quarter of FY24. Sequentially, the profit rose just 1.9 percent from ₹40,986 crore in Q2FY25. In constant currency terms, its revenue grew 6.1 percent YoY and 1.7 percent QoQ.

Further, the IT major raised its full fiscal year 2024-25 revenue growth guidance to 4.5-5 percent, from 3.75-4.5 percent earlier while margin guidance has been maintained at 20-22 percent.

The IT major’s operating margin came in at 21.3 percent for the December quarter, up 0.8 percent YoY.

“Our strong revenue growth sequentially in a seasonally weak quarter and broad-based year on year growth, along with robust operating parameters and margins, is a clear reflection of the success of our differentiated digital offerings, market positioning, and key strategic initiatives. We continue to strengthen our enterprise AI capabilities, particularly focusing on generative AI, which is witnessing increasing client traction. This has led to another quarter of strong large deal wins and improved deal pipeline giving us greater confidence as we look ahead,” said Salil Parekh, CEO and MD of Infosys.

The stock ended 1.21 percent lower at ₹1,926.20 on Thursday, January 16 on BSE.



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