Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

IT major Infosys Ltd on January 16 reported net profit of Rs 6,806 crore for the quarter ended December 31, 2024 as against Rs 6,106 crore in the year-ago period. According to a Moneycontrol poll of nine brokerages, the IT major's Q3FY25 profit was pegged at Rs 6,734 crore and revenue at Rs 41,206 crore.

New Delhi: IT services major Infosys on Thursday reported an 11.46 per cent year-on-year increase in consolidated net profit to Rs 6,806 crore in the October-December quarter of FY25. The company had posted a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.

Infosys sees a rise in attrition rate to 13.7% in Q3 FY25, while utilization drops slightly. Stay tuned for more details!

Indian IT giant Infosys has reported an 11.4% year-on-year (YoY) rise in its net profit for the third quarter of FY25. The company's net profit stood at ₹6,806 crore, up from ₹6,106 crore a year ago. This is higher than the ₹6,734 crore estimate projected by a Moneycontrol poll of nine brokerages.

The company’s revenue from operations in Q3 FY25 stood at Rs 41,763 crore, up from ET NOW poll estimates of Rs 41,250 crore. Infosys Q3 FY25 Press Conference - WATCH LIVE HERE.

Major companies including Reliance Industries, Infosys, and Axis Bank are set to announce Q3 earnings for the quarter ending December 31, 2024. Reliance is expected to show mixed results, while Axis Bank anticipates a net profit growth of 6.