Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

India’s second-largest information technology (IT) company Infosys, on January 16, raised its constant currency (CC) revenue growth guidance for FY25 to 4.5-5% for a third quarter in a row, as against its previous guidance of 3.75-4.5%.

Indian IT giant Infosys has reported an 11.4% year-on-year (YoY) rise in its net profit for the third quarter of FY25. The company's net profit stood at ₹6,806 crore, up from ₹6,106 crore a year ago. This is higher than the ₹6,734 crore estimate projected by a Moneycontrol poll of nine brokerages.

New Delhi: IT services major Infosys on Thursday reported an 11.46 per cent year-on-year increase in consolidated net profit to Rs 6,806 crore in the October-December quarter of FY25. The company had posted a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.

Infosys upgraded its FY25 revenue growth guidance to 4.5-5 per cent in constant currency (CC) terms from 3.75-4.5 per cent. It maintained its margin guidance at 20–22 per cent.

Infosys, India's second-largest software exporter by revenue, has raised its revenue guidance for the financial year 2024-25 (FY25) to 4.5–5 per cent in constant currency, the firm said on Thursday. This marks an upward revision from the 3.

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing.

The IT services firm has raised its revenue guidance for the current fiscal year to a range of 4.5 per cent to 5 per cent.