Infosys, Wipro exceed Q2 revenue estimates
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.
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 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,
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 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 ...
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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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 ...
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Infosys and LTIMindtree lead IT hiring turnaround at India’s top 5 five tech firms in Q2
Why Infosys and LTIMindtree standout is the fact that in the June 2024 ended quarter, the two companies had seen their ...
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 ...
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, ...
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 shares: Q2 results solid but Q3 guidance disappoints; here are target prices
The Q3FY25 guidance was muted due to furloughs and softness in key regions, particularly in Europe. Sectors like ...
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Q2 Results 2024: Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Ceat, among others releasing Q2 results today
Today, companies like Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Havells India, Tata Communications, Central Bank ...
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 ...
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 ...