Infosys Q2

Infosys, the country's second largest IT company, on Wednesday reported a 14 per cent rise in net profit to Rs 4,845 crore in the July-September period compared to the previous quarter, beating analysts' estimates. In a regulatory filing after market hours, the IT major said its revenue increased 3.82 per cent sequentially to Rs 24,570 crore in the...

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.

Infosys, the country's second largest software services company, reported net profit of Rs 4,019 crore in the quarter ended September 2019.

Infosys Q2 Earnings: Infosys declared an interim dividend of Rs 7 per share, which will be paid on October 30, it said in a statement.

Infosys Co-Founder said that he is not going to keep quiet, says an ex-company official.

Infosys has a deadline of March 2018 to fill the top vacancy.

The Chairman makes only one voluntary reference to the turbulence that had hit Infosys.

"I am fully persuaded, as is the entire Board, that the conclusions of the independent investigations are correct," said Infosys Chairman Nandan Nilekani.

In constant currency terms, the company on Tuesday foresees fiscal 2018 sales growth of 5.5 percent to 6.5 percent.

Infosys reported a net profit of Rs 3,726 crore for the quarter ended September 30, 2017, up 7 per cent sequentially and 3.4 per cent year-on-year. Revenues rose 2.9 per cent sequentially to Rs 17,567 crore.

Among Nifty50 stocks, ONGC, Vedanta, NTPC, Bharti Infratel, Yes Bank, Tata Steel, IOC and GAIL India were the prominent gainers.

Traditionally, the July-September quarter is one of the better quarters for the $110-billion Indian IT sector, witnessing strong sequential revenue growth during the period.

The stock markets will remain closed on Tuesday and Wednesday for Dussehra and Muharram, respectively.

Mindtree shares slumped 7 per cent on Tuesday, following the IT company's warning about lower-than-expected margin and revenue in the September quarter. Mindtree shares traded at their 52-week low today, underperforming the Bombay Stock Exchange's IT sub-index, which was up 0.35 per cent.

Country's second largest software services firm Infosys on Friday said it will give a clearer picture on its revenue guidance post the September quarter.

Infosys, the country's second largest IT company, on Wednesday reported a 14 per cent rise in net profit to Rs 4,845 crore in the July-September period compared to the previous quarter, beating analysts' estimates. In a regulatory filing after market hours, the IT major said its revenue increased 3.82 per cent sequentially to Rs 24,570 crore in the...

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.

Infosys, the country's second largest software services company, reported net profit of Rs 4,019 crore in the quarter ended September 2019.

Infosys Q2 Earnings: Infosys declared an interim dividend of Rs 7 per share, which will be paid on October 30, it said in a statement.

Infosys Co-Founder said that he is not going to keep quiet, says an ex-company official.

Infosys has a deadline of March 2018 to fill the top vacancy.

The Chairman makes only one voluntary reference to the turbulence that had hit Infosys.

"I am fully persuaded, as is the entire Board, that the conclusions of the independent investigations are correct," said Infosys Chairman Nandan Nilekani.

In constant currency terms, the company on Tuesday foresees fiscal 2018 sales growth of 5.5 percent to 6.5 percent.

Infosys reported a net profit of Rs 3,726 crore for the quarter ended September 30, 2017, up 7 per cent sequentially and 3.4 per cent year-on-year. Revenues rose 2.9 per cent sequentially to Rs 17,567 crore.

Among Nifty50 stocks, ONGC, Vedanta, NTPC, Bharti Infratel, Yes Bank, Tata Steel, IOC and GAIL India were the prominent gainers.

Traditionally, the July-September quarter is one of the better quarters for the $110-billion Indian IT sector, witnessing strong sequential revenue growth during the period.

The stock markets will remain closed on Tuesday and Wednesday for Dussehra and Muharram, respectively.

Mindtree shares slumped 7 per cent on Tuesday, following the IT company's warning about lower-than-expected margin and revenue in the September quarter. Mindtree shares traded at their 52-week low today, underperforming the Bombay Stock Exchange's IT sub-index, which was up 0.35 per cent.

Country's second largest software services firm Infosys on Friday said it will give a clearer picture on its revenue guidance post the September quarter.