Infosys, Wipro exceed Q2 revenue estimates
India's Wipro beats Q2 revenue estimate
Wipro , India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector.
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, 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.
Compared to Estimates, Infosys (INFY) Q2 Earnings: A Look at Key Metrics
For the quarter ended September 2024, Infosys (INFY) reported revenue of $4.89 billion, up 3.7% over the same period last year. EPS came in at $0.19, compared to $0.18 in the year-ago quarter. The reported revenue represents a surprise of +0.
Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Wipro Ltd (NYSE:WIT) stock slid after the company reported second-quarter results. The company reported gross revenue of ...
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Wipro Hiring 2024: IT major sees net reduction of 502 employees in Q2, attrition rate rises
Wipro, the IT services major, has reported a net decline of 502 employees in its workforce for the July to September 2024 ...
Big movers on D-Street: What should investors do with Wipro, Infosys and LTIMindtree?
Benchmark Sensex fell for the third day, dropping nearly 495 points amid foreign fund outflows. Key stocks in focus included ...
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Wipro Announces Results for the Quarter Ended September 30, 2024
Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended ...
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 ...
Wipro’s headcount increases by 978 in Q2FY25
This comes at a time when Wipro is reassessing its lateral and campus hiring models to focus on improving utilisation rate of ...
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Wipro Trains 44,000 Employees in Advanced AI
Wipro chief Srini Pallia, during the company’s Q2 FY 2025 earnings call, revealed that the Indian IT company has won two ...
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 ADR slides 4% post Q2 results on lower guidance for December quarter
For the December quarter, Wipro expects IT Services revenue to range between $2,607 million and $2,660 million, implying a ...
1:1 Bonus Issue Announced; Record Date Soon; Mega IT Stock Wipro To Offer 1 Free Share Before December 15
The company announced a bonus issue of a 1:1 ratio, and the record date will be declared in due course. Wipro has a strong ...