Infosys June Quarter Result
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Infosys Cuts Growth Outlook, Shares Fall 10%, M-Cap Falls Rs 43,776 Crore
Shares of Infosys tanked nearly 10 per cent on Friday morning after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and slashed its FY24 growth outlook.
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Infosys Gains Almost 1% Post June Quarter Results
At 12:10 pm, Infosys shares were trading at Rs 1,586.90, up 0.62 per cent on the BSE; the shares had soared 2 per cent ahead of the results on Wednesday.
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Infosys Profit Rises In June Quarter Led By Large Deals From Businesses: Key Highlights
Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...
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Infosys Has Highest Revenues In Decade, Pandemic Drives Gains
Infosys June Quarter Results: The software services provider's revenue growth was also at 4.8 per cent on quarter on quarter basis.
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Infosys Q2 Results Preview: Infosys Slips 2% Ahead Of Q2 Earnings
Infosys, the country's second largest information technology company, had reported a 2 per cent sequential decline in net profit at Rs 4,233 crore in the previous quarter ended June 2020.
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Best Day For Infosys Shares In Nearly 4 Months After Strong June Quarter Earnings
Shares in Bengaluru-based Infosys surged more than 14 per cent to a record high on Wednesday, a day after the country's second biggest IT company reported better-than-expected earnings for the quarter ended June 30. Large deal wins and tighter costs helped the IT major beat analysts' estimate of profit and reinstate its full-year outlook. On the BS...
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Infosys Soars 10% After Better-Than-Expected June Quarter Earnings
Infosys Share price:Infosys' revenue from operations rose 1.7 per cent to Rs 23,665 crore from Rs 23,267 crore in the previous quarter.
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Infosys Q1 Profit At Rs 4,233 Crore In June Quarter; Guides For 2% Revenue Growth
Infosys has guided for 0-2 per cent revenue growth in constant currency terms for the current financial year.
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Infosys Soars Over 8% Ahead of June Quarter Results
Infosys shares soared more than 8 per cent on the BSE in mid-morning trading ahead of the June quarter results scheduled later in the day.
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Infosys Surges Over 7% On Beating Estimates In June Quarter
Infosys share: Infosys, country's second largest software services company on Friday reported net profit of Rs. 3,802 crore for quarter ended June 30.
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Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit
Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to the previous quarter, but beat analysts' estimates. The IT major, however, raised its revenue growth guidance to 8.5-10 per cent for the current financia...
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Infosys Announces Bonus Issue, Reports Profit Of Rs 3,612 Crore In April-June
For the financial year ended March 31, 2018, Infosys had reported an increase of 11.7 per cent in its consolidated net profit at Rs 16,029 crore.
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Top-Level Exits During the Narayana Murthy Year Helped Infosys: Report
For investors and analysts, who had given up on Infosys after a series of disappointing results, the June quarter earnings came as a huge surprise. Infosys was expected to report good numbers in Q1, but even the most bullish analyst on the Street had not anticipated the IT major to beat its bigger competitor - TCS - in topline growth.
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Infosys Profits Rise to Rs 2,886 Crore in Q1, Beats Estimates
Infosys' consolidated sales in the June quarter grew to Rs 12,770 crore against estimates of Rs 12,817 crore, but profits were higher at Rs 2,886 crore beating estimates of Rs 2,677 crore on the back of better-than-expected rise in margins.
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Infosys Leads IT Rally Ahead of Q1 Results
The June quarter is considered to be seasonally strong for outsourcers because most clients firm up their IT budgets by March after which new orders begin to flow. According to Nomura, tier-1 IT companies (TCS, Cognizant, Infosys, Wipro, HCL Tech and Tech Mahindra) are likely to post sequential average revenue growth of 3.4 per cent (in dollar term...
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Infosys Cuts Growth Outlook, Shares Fall 10%, M-Cap Falls Rs 43,776 Crore
Shares of Infosys tanked nearly 10 per cent on Friday morning after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and slashed its FY24 growth outlook.
-
Infosys Gains Almost 1% Post June Quarter Results
At 12:10 pm, Infosys shares were trading at Rs 1,586.90, up 0.62 per cent on the BSE; the shares had soared 2 per cent ahead of the results on Wednesday.
-
Infosys Profit Rises In June Quarter Led By Large Deals From Businesses: Key Highlights
Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...
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Infosys Has Highest Revenues In Decade, Pandemic Drives Gains
Infosys June Quarter Results: The software services provider's revenue growth was also at 4.8 per cent on quarter on quarter basis.
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Infosys Q2 Results Preview: Infosys Slips 2% Ahead Of Q2 Earnings
Infosys, the country's second largest information technology company, had reported a 2 per cent sequential decline in net profit at Rs 4,233 crore in the previous quarter ended June 2020.
-
Best Day For Infosys Shares In Nearly 4 Months After Strong June Quarter Earnings
Shares in Bengaluru-based Infosys surged more than 14 per cent to a record high on Wednesday, a day after the country's second biggest IT company reported better-than-expected earnings for the quarter ended June 30. Large deal wins and tighter costs helped the IT major beat analysts' estimate of profit and reinstate its full-year outlook. On the BS...
-
Infosys Soars 10% After Better-Than-Expected June Quarter Earnings
Infosys Share price:Infosys' revenue from operations rose 1.7 per cent to Rs 23,665 crore from Rs 23,267 crore in the previous quarter.
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Infosys Q1 Profit At Rs 4,233 Crore In June Quarter; Guides For 2% Revenue Growth
Infosys has guided for 0-2 per cent revenue growth in constant currency terms for the current financial year.
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Infosys Soars Over 8% Ahead of June Quarter Results
Infosys shares soared more than 8 per cent on the BSE in mid-morning trading ahead of the June quarter results scheduled later in the day.
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Infosys Surges Over 7% On Beating Estimates In June Quarter
Infosys share: Infosys, country's second largest software services company on Friday reported net profit of Rs. 3,802 crore for quarter ended June 30.
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Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit
Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to the previous quarter, but beat analysts' estimates. The IT major, however, raised its revenue growth guidance to 8.5-10 per cent for the current financia...
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Infosys Announces Bonus Issue, Reports Profit Of Rs 3,612 Crore In April-June
For the financial year ended March 31, 2018, Infosys had reported an increase of 11.7 per cent in its consolidated net profit at Rs 16,029 crore.
-
Top-Level Exits During the Narayana Murthy Year Helped Infosys: Report
For investors and analysts, who had given up on Infosys after a series of disappointing results, the June quarter earnings came as a huge surprise. Infosys was expected to report good numbers in Q1, but even the most bullish analyst on the Street had not anticipated the IT major to beat its bigger competitor - TCS - in topline growth.
-
Infosys Profits Rise to Rs 2,886 Crore in Q1, Beats Estimates
Infosys' consolidated sales in the June quarter grew to Rs 12,770 crore against estimates of Rs 12,817 crore, but profits were higher at Rs 2,886 crore beating estimates of Rs 2,677 crore on the back of better-than-expected rise in margins.
-
Infosys Leads IT Rally Ahead of Q1 Results
The June quarter is considered to be seasonally strong for outsourcers because most clients firm up their IT budgets by March after which new orders begin to flow. According to Nomura, tier-1 IT companies (TCS, Cognizant, Infosys, Wipro, HCL Tech and Tech Mahindra) are likely to post sequential average revenue growth of 3.4 per cent (in dollar term...
