Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 4
- Left
- 1
- Center
- 0
- Right
- 3
- Unrated
- 0
- Last Updated
- 45 days ago
- Bias Distribution
- 75% Right
Infosys Ltd has reported a strong performance for the first quarter of FY25, with a net profit rise of 7.1% year-on-year to Rs 6,368 crore and consolidated revenue growth of 3.6% to Rs 39,315 crore. This performance beat analyst expectations and led the company to raise its revenue growth forecast for FY25 to 3-4%, up from the previous 1-3%. Infosys also achieved the highest ever free cash flow generation at $1.1 billion and secured 34 large deal wins valued at $4.1 billion. Despite a sequential decline in net profit from the previous quarter, there was notable growth in the financial services and manufacturing sectors. The company's shares surged in response to these positive results, contributing to gains in the broader IT sector on the stock market.
- Total News Sources
- 4
- Left
- 1
- Center
- 0
- Right
- 3
- Unrated
- 0
- Last Updated
- 45 days ago
- Bias Distribution
- 75% Right
Negative
20Serious
Neutral
Optimistic
Positive
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