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 services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing.

Results: India's second-largest IT services exporter reports an 11% year-on-year growth in consolidated net profit to Rs 6,806 crore, with revenue from operations increasing by 8% to Rs 41,764 crore.

Quarterly revenue stood at Rs 41,764 crore, reflecting a 7.6 per cent Y-o-Y growth and exceeding the consensus estimate of Rs 41,353 crore. Sequentially, revenue grew by 1.9 per cent

Infosys saw 11.4 percent year-on-year (YoY) increase in net profit for the third quarter of FY25, reaching Rs 6,806 crore, beating market expectations. The IT giant's revenue from operations rose to Rs 41,

Revenues for YTD Dec24 grew at 3.9% year on year in constant currency and in reported terms. Operating margin was at 21.2%, increase of 0.3% year on year, as per the filing.

The IT services firm has raised its revenue guidance for the current fiscal year to a range of 4.5 per cent to 5 per cent.

Infosys upgraded its FY25 revenue growth guidance to 4.5-5 per cent in constant currency (CC) terms from 3.75-4.5 per cent. It maintained its margin guidance at 20–22 per cent.