News ArticlesJan 17, 2025

Infosys shares tank nearly 6 per cent; drag markets lower

The shares of the Bengaluru-based software major tanked after investors resorted to profit-taking after its positive third quarter earnings.....

This was originally posted on India Weekly. Read the detailed report here:

https://www.indiaweekly.biz/infosys-shares-tank-drag-markets-lower/

#Infosys #InfosysQ3 #NetProfit #share #Sharemarket #NarayanaMurthy #Banglore #India #UK #USA

Infosys shares tank nearly 6 per cent; drag markets lower - Indiaweekly

SHARES of Infosys tanked nearly 6 per cent on Friday amid profit-taking post announcement of the third quarter earnings. The stock slumped 5.77 per cent to settle at ₹1,815.10 (£17.18) on the BSE. Intra-day, it declined 5.89 per cent to ₹1,812.70 (£17.15). At the NSE, it tumbled 5.75 per cent to ₹1,817.50 (£17.20). The American… <a class="more-link" href="https://www.indiaweekly.biz/infosys-shares-tank-drag-markets-lower/">Continue reading <span class="screen-reader-text">Infosys shares tank nearly 6 per cent; drag markets lower</span></a>

News ArticlesJan 16, 2025

Infosys Q3 net profit rises 11.5 per cent

The software services major added 5,591 employees during the October-December quarter, bringing the total headcount to 323,379......

This was originally posted on India Weekly. Read the detailed report here:

https://www.indiaweekly.biz/infosys-q3-net-profit-up-11-5-per-cent/

#Infosys #InfosysQ3 #NetProfit #Bengaluru #India #UK #US

Infosys Q3 net profit rises 11.5 per cent - Indiaweekly

IT SERVICES major Infosys on Thursday reported an 11.46 per cent year-on-year increase in consolidated net profit to ₹68.06 billion (£644.04m) in the October-December quarter of FY25. The Bengaluru-headquartered company had posted a profit of ₹61.06 billion (£577.80m) in the corresponding period of the previous fiscal. Revenue from operations for the quarter under review came… <a class="more-link" href="https://www.indiaweekly.biz/infosys-q3-net-profit-up-11-5-per-cent/">Continue reading <span class="screen-reader-text">Infosys Q3 net profit rises 11.5 per cent</span></a>