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India's Infosys shares fall on worries about quality of earnings
Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings. Infosys dragged the IT sector down by 2.
Infosys share price cracks 5% after Q3 results, following overnight fall in Infosys ADR
Infosys, India’s second-largest software services provider, reported 4.6% rise in its net profit at ₹6,806 crore for the quarter ended December 2024 from ₹6,506 crore in the previous quarter.
Infosys Shares Drop Amid Earnings Quality Concerns
Infosys shares fell nearly 6% on Friday, marking their largest one-day decline since July 2023. The drop followed concerns raised by analysts over the quality of earnings in its third-quarter report.
Infosys shares slide 5% after Q3 earnings. What should investors do?
Infosys shares fell nearly 5% after its Q3 results showed an 11% YoY net profit growth, reaching Rs 6,806 crore, and revenue increasing 8% YoY to Rs 41,764 crore. Despite revising its revenue guidance upwards,
12h
Infosys CEO addresses low salary hike, toxic work culture claims amid raging industry-wide 90-hour workweek debate
Infosys CEO Salil Parekh addressed concerns over the company’s work culture during a Q3 earnings call, following former ...
The Financial Express
13h
Infosys Vs TCS: Who’s leading the IT turnaround race now?
Infosys and TCS declared their Q3 numbers. Which one fared better? Here is an analysis of the key operating metrics of both ...
14h
Salary Stagnation, Toxic Culture at Infosys? CEO Salil Parekh Reacts Amid 90-Hour Work Week Debate
Parekh was asked pointed questions, particularly regarding stagnant salaries and the company’s approach to workforce ...
17h
How Infosys CEO Reacted To "Stagnant Salaries, Toxic Clients" Allegations
Infosys CEO Salil Parekh addressed toxic work culture allegations during the companys Q3 earnings call on January 16.
devdiscourse
22h
Infosys Reports Robust Growth and Expands AI Collaborations
Infosys, a leader in digital services, achieved strong performance with $4,939M Q3 revenue, a 6.1% YoY growth. Operating ...
Outlook Business
16h
Infosys Shares Tank Nearly 6%; Drag Markets Lower
Shares of Infosys tanked nearly 6 per cent on Friday amid profit-taking post announcement of the third quarter earnings.
1d
on MSN
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said ...
newsbytesapp.com
20h
Infosys plans to hire over 20,000 freshers in FY26
India's second-largest software services exporter Infosys has announced that it plans to hire over 20,000 freshers in the ...
devdiscourse
1d
Infosys and HCLTech Reduce Reliance on H1B Visas Amid Changing US Policies
Infosys and HCLTech, two major players in the tech industry, have significantly decreased their dependence on H1B visas, ...
8h
Infosys investors blow hot and cold on Q3 revenue beat, guidance revision
While Infosys reported a revenue growth in a weak quarter, concerns linger over increasing pass-through revenues as it may ...
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