(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,

Infosys has posted a 2.2% sequential rise in its net profit for the second quarter of FY25 at ₹6,506 crore. However, the number was below market expectations. The company's revenue for the July-September quarter also witnessed a strong 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 reported constant currency revenue growth of 3.1% during the September quarter, slightly higher than the estimates of 3% on a sequential basis.

Infosys has raised its constant currency revenue growth guidance for FY25 to 3.75-4.5% for a second quarter in a row, as against its previous guidance of 3-4%. This has been the seventh revision in the revenue guidance in the last eight quarters for Infosys.

Infosys Ltd announced a 4.7 per cent increase in its net profit for the second quarter of the fiscal year, reporting a figure of Rs 6,506 crore for the July-September period. This marks an increase from Rs 6,

In the quarter, the tech player delivered broad-based growth performance with $4,894 million in Q2 revenues, sequential growth of 3.1% and year-on-year growth of 3.3% in constant currency.

During the second-quarter (Q2 FY25), profit came at Rs 6,506 crore as against Rs 6,212 crore in the year-ago period. The company's revenue jumped 5.1 per cent YoY to Rs 40,986 crore from Rs 38,994 in the corresponding period last year.

Infosys Q2 Results FY 2024-25 Today, Infosys Q2 Earnings Expectations, Preview: Infosys will announce its second quarter result today. Infosys Q2 result will be announced after market hours.