Net profit of Infosys rose 11.46% to Rs 6806.00 crore in the quarter ended December 2024 as against Rs 6106.00 crore during the previous quarter ended December 2023. Sales rose 7.58% to Rs 41764.00 crore in the quarter ended December 2024 as against Rs 38821.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales41764.0038821.00 8 OPM %24.2223.54 - PBDT10873.009795.00 11 PBT9670.008619.00 12 NP6806.006106.00 11 Powered by Capital Market - Live

On a year-on-year basis, the company's net profit and revenues are higher by 11.46% and 7.58%, respectively, as compared with Q3 FY24. Profit before tax was at Rs 9,670 crore during the quarter, up 4.50% quarter on quarter (QoQ) and 12.19% YoY. Operating profit in the third quarter of FY25 was at Rs 8,912 crore, up 3% QoQ and 11.9% YoY. Operating margin was at 21.3% in Q3 FY25 as against 20.5% in Q3 FY24 and 21.1% in Q2 FY25. During Q3 FY25, constant currency (CC) revenue grew by 6.1% YoY and 1.7% QoQ. In dollar terms, the IT firm reported revenues of $4,939 million, up 5.9% QoQ and 0.9% YoY for the quarter ended 31 December 2024. The total contract value (TCV) of large deal wins was $2.5 billion in Q3 of FY25, with a net new of 63%. The company's total clients stood at 1,876 as on 31 December 2024 as compared with 1,872 clients as on 31 December 2023. In terms of guidance, the company has revised its FY25 revenue guidance to 4.5% - 5% in constant currency and operating margin guidance at 20%-22%. Free cash flow for Q3 was highest ever at $1,263 million, growing 90% year on year. Headcount increased for the second consecutive quarter. Salil Parekh, CEO and MD, said, 'Our strong revenue growth sequentially in a seasonally weak quarter and broad-based year-on-year growth, along with robust operating parameters and margins, is a clear reflection of the success of our differentiated digital offerings, market positioning, and key strategic initiatives. We continue to strengthen our enterprise AI capabilities, particularly focusing on generative AI, which is witnessing increasing client traction; this has led to another quarter of strong large deal wins and an improved deal pipeline, giving us greater confidence as we look ahead.' Jayesh Sanghrajka, CFO, said, 'We had another quarter of strong performance with revenue growth across segments and operating margin expansion, leading to 11.4% EPS growth year on year in rupee terms. Our structured approach to operating margin expansion yielded more results in Q3, particularly due to benefits from improving realisation and scale benefits. Our sharp focus on cash flow is reflected in Free cash conversion to net profits of 157% in Q3 with free cash generation for 9 months of FY25 surpassing that of the entire FY24.' Infosys is a global leader in next-generation digital services and consulting. Shares of Infosys slipped 1.21% to end at Rs 1,926.20 on the BSE.Powered by Capital Market - Live

Infosys will announce results for the third quarter ended 31 December 2024 on 16 January 2025 around 3:45 p.m. Indian Standard Time (IST) (5:15 a.m. ET; 2:15 a.m. PST; 10:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). Powered by Capital Market - Live

Infosys announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harness the power of generative AI to achieve transformative growth. Infosys and Google Cloud share a strong legacy of delivering innovative data analytics and AI solutions, driving customer success. Infosys has already enabled more than 60,000 employees on Google Cloud. Combining the expertise of Infosys Topaz AI capabilities and Infosys Cobalt cloud capabilities, with Google Cloud's gen AI technology, the center of excellence will help address complex challenges across both business and technology domains using innovative enterprise AI solutions. The collaboration will enable a conducive environment for enterprises to co-create customized solutions in areas such as contact center AI, software development lifecycle, agentic AI, speech-to-speech, text-to-image, and application modernization, aimed at optimizing efficiency and business performancePowered by Capital Market - Live

Infosys will hold a meeting of the Board of Directors of the Company on 16 January 2025.Powered by Capital Market - Live

Infosys Compaz, a joint venture between Infosys  and Temasek, today announced that it has strengthened its collaboration with Singapore-based info-communications provider, StarHub to accelerate their operations and drive technology-led innovations. Infosys Compaz will focus on transforming the company into a cloud-centric enterprise, prioritizing AI and cloud technologies, cybersecurity, and digital transformation. Infosys Compaz was chosen by StarHub for its extensive experience in digital transformation, cybersecurity, and generative AI capabilities. Infosys Compaz will also deliver generative AI solutions and workplace transformation technologies that will enable StarHub to actively pursue new market opportunities. In addition, by leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, and Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies, the collaboration will help global organizations simplify their operations, make meaningful decisions, and achieve cost efficiencies. The collaboration aims to deliver value to StarHub's clients across a wide range of services, including legacy modernisation and product implementation, AI & automation, data & analytics as well as industrialised operations. Infosys Compaz and StarHub will also co-create AI models by using telecommunications data to create offerings that address specific industry use cases and implement effective, tailored solutions.Powered by Capital Market - Live

Infosys announced a strategic collaboration with Kardex, a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its business operations using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, Infosys will help Kardex unify its ERP system in over 30 countries, boost operational efficiency, and scalability. Infosys was selected by Kardex for its extensive experience in executing large-scale digital transformation projects with SAP S/4HANA and its deep expertise in the manufacturing and logistics sectors. As part of this engagement, Infosys will help Kardex harmonize and standardize its business processes to drive productivity, flexibility, and improved decision making. To ensure seamless data transfer, minimize downtime and maintain data integrity, Infosys is leveraging its own tools, including Infosys Data Services Suite (iDSS), a data management solution that helps in end-to-end data life cycle automation. As a part of the engagement, Infosys aims to create a unified system for Kardex, to equip them with real-time insights, enhanced customer experience, and a strong foundation for growth.Powered by Capital Market - Live

Infosys Ltd is up for a third straight session today. The stock is quoting at Rs 1858.8, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 23682.8. The Sensex is at 78137.76, up 1.27%. Infosys Ltd has slipped around 0.78% in last one month. Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has slipped around 0.99% in last one month and is currently quoting at 41952.8, up 1.64% on the day. The volume in the stock stood at 18.92 lakh shares today, compared to the daily average of 49.62 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1859.8, up 1.53% on the day. Infosys Ltd is up 28.26% in last one year as compared to a 19.6% jump in NIFTY and a 31.72% jump in the Nifty IT index.The PE of the stock is 27.58 based on TTM earnings ending September 24.Powered by Capital Market - Live

The intimation has been received for levy of penalty and pending tax payment for the period from Q3 2019 to Q1 2024 (calendar year). The IT major said that it is in the process of seeking clarifications on the pending tax amounts and levy of penalty. Infosys is a global leader in next-generation digital services and consulting. The IT major reported a 2.2% rise in consolidated net profit to Rs 6,506 crore on a 4.25% increase in revenues to Rs 40,986 crore in Q2 FY25 over Q1 FY25. Powered by Capital Market - Live

Infosys Ltd rose 1.16% today to trade at Rs 1823.55. The BSE Information Technology index is up 0.49% to quote at 41952.51. The index is down 2.52 % over last one month. Among the other constituents of the index, Magellanic Cloud Ltd increased 0.87% and Oracle Financial Services Software Ltd added 0.84% on the day. The BSE Information Technology index went up 33.91 % over last one year compared to the 22.32% surge in benchmark SENSEX. Infosys Ltd has lost 6.67% over last one month compared to 2.52% fall in BSE Information Technology index and 2.66% drop in the SENSEX. On the BSE, 10128 shares were traded in the counter so far compared with average daily volumes of 2.66 lakh shares in the past one month. The stock hit a record high of Rs 1990.9 on 15 Oct 2024. The stock hit a 52-week low of Rs 1359.1 on 04 Jun 2024.Powered by Capital Market - Live