Wipro, Infosys
Infosys, Wipro revenue forecasts fail to impress investors
By VarunVyas Hebbalalu, Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) -Indian software services providers Infosys and Wipro issued revenue forecasts below analysts' expectations, suggesting a broad-based recovery in global tech spending was yet to take hold.
Infosys, Wipro show strong sequential growth in Q2 dollar revenue
Infosys and Wipro delivered better than expected sequential growth in dollar denominated revenue for the September quarter. All four top IT exporters reported sequential growth in reported dollar denominated revenue for the September quarter after a gap of six quarters.
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 company also lifted its growth guidance, raising expectations for India’s IT services sector.
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
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 Beats Q2 Revenue Estimates
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. The company's consolidated revenue stood at 409.
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 ...
Infosys reports ₹40,986 crore in quarterly revenue, revises FY25 guidance upwards
Infosys’ total headcount was recorded at 3,17,788, an increase of 2,456 from last quarter’s 3,15,332. In the second quarter ...
Infosys ADR falls nearly 4% on NYSE following Q2 results
Infosys registered a 2.3% increase in revenue in its BFSI unit in constant currency terms in the second quarter, its best ...
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Infosys hiring 2024: Headcount jumps by 2,456 employees in Sept quarter, the first time in seven quarters
The net addtion of more than 2400 employees in the September ended quarter takes Infosys’ total headcount to 317,788 from 315 ...
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Infosys Q2 net profit rises to ₹6,506 crore, misses estimates
Infosys has posted a 2.2% sequential rise in its net profit for the second quarter of FY25 at ₹6,506 crore. However, the ...
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 ...
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 announces Rs 21 per share dividend; here is record date, payout date & dividend history
Infosys declared a total of a total dividend of Rs 46 for FY24. The second largest IT firm declared Rs 34 per share (Rs 16.50 ...