As the earning season has kicked off, with several companies already announcing their results and many more set to follow suit, one of the leading IT giants in the country, Infosys, is scheduled to announce its Q3FY25 result tomorrow, January 16.
The third-quarter financial results for Infosys, ending December 2024, will be a major highlight tomorrow as the investors and analysts will be eagerly waiting for insights into the company’s financial performance over the period, its growth, and future prospectus, drawing attention from all corners of the market.
Let’s take a look at the 6 key things you need to know about the IT giant ahead of its Q3 release. Q2FY25 earnings overview
Infosys, in the second quarter of FY25 which ended in September 2024, posted a revenue of Rs 40,986 crore, a 5.1% surge compared to the same quarter last year as well as a 4.2% rise from the previous quarter. The net profit of the company stood at Rs 6,506 crore, marking a 4.7% growth year-on-year and a 2.2% increase from the last quarter.
Also Read HDFC AMC shares jump 5%. Here are 4 reasons why brokerages are bullish Markets open gap-up, Nifty above 23250, Sensex up 320 points Capital Infra Trust InVIT IPO: Check GMP, allotment status, and key details ahead of listing Gold, silver rate today on January 15 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities
Furthermore, the IT service provider maintained an operating margin of 21.1%, in its Q2FY25 earnings.
Revised revenue guidance
After it announced the Q2 financial results on October 17, 2024, Infosys increased its full-year revenue growth forecast for FY25 to a range of 3.75% to 4.5%, up from the previous estimate of 3-4%. This revision was based on the positive trends in demand, especially within the Banking, Financial Services, and Insurance (BFSI) sector.
Also Read: Infosys Q3 earnings on January 16: Here are 4 key things the street is watching out for
Stock Performance
Ahead of Infosys’ earnings release tomorrow, the company’s shares were trading flat during the early hours of January 15, rising by 0.42% to Rs 1,948.15 per share, with an opening price of Rs 1,947.00.
As of now, the market capitalisation of the company stands at Rs 8.08 lakh crore.
» Read More
