Shares of Infosys are expected to be in focus on Friday, October 17, after the IT major posted a 13% year-on-year (YoY) increase in its consolidated net profit for the second quarter of FY26. The company reported a net profit of Rs 7,364 crore for the quarter, while revenue from operations rose 9% YoY to … Read more
MUMBAI: Tata Consultancy Services’ underwhelming earnings on Friday had shook the faith of several investors in the IT growth story, however, ’ numbers today should assuage those concerns going ahead. The Bengaluru-based company reported better-than-expected revenues and net profit for the quarter ended September as its juggernaut rolls on. The company’s consolidated net profit rose … Read more
ET Intelligence Group: Infosys was the third IT exporter to demonstrate a solid demand recovery in the second quarter similar to its peers Tata Consultancy Services (TCS) and Wipro. However, unlike them, it was able to report 3.2% year-on-year growth in revenue at $ 3,312 million reflecting a stronger momentum. The other two recorded a … Read more