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Infosys guidance cut beats robust Q2, strong order book paves growth path for FY25

Infosys is well-positioned for robust EBIT growth in FY25 with enhanced revenue growth and margin improvement.

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Infosys Q2 preview: Tepid revenue likely amid weak spends, profit may grow 3% QoQ

The absence of wage hikes and rupee depreciation may help Infosys expand margins by 50 bps QoQ in Q2, analysts say.

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Infosys Q2 Results Live: Profit likely to grow 4% YoY, revenue 5%; IT major may retain FY24 guidance

Infosys Q2 Results Live:Infosys Ltd on Thursday reported a 3% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 6,212 crore. Consolidated revenue grew nearly 7% YoY to Rs 38,994 crore. An ETNow poll saw the net profit and revenue at Rs 6,170 crore and Rs 38,350 crore, respectively. The board has recommended an interim dividend of Rs 18 a share. In an unexpected move, the software major yet again tweaked its guidance for FY24. Infosys sees revenue growing 1.0-2.5% in constant currency terms in FY24, compared to 1.0-3.5% earlier. While Infosys cut the upper end of its revenue growth guidance, the company retained its operating margin target of 20-22%.

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Infosys Q2 results: Infosys Q2 Results: PAT rises 3% YoY to Rs 6,212 crore; firm trims FY24 revenue guidance

Infosys has reported a 3% YoY growth in consolidated net profit for the quarter ended September. The company's consolidated revenue also grew nearly 7% YoY. Infosys has tweaked its guidance for FY24, expecting revenue growth of 1.0-2.5% in constant currency terms. The company retained its operating margin target of 20-22%. Infosys announced large TCV deals worth $7.7 billion for the quarter and saw a decline in attrition rate.

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infosys q2 dividend: Infosys announces interim dividend of Rs 18 per share, sets record date

In the last one year, the company paid an equity dividend amounting to Rs 34 per share, resulting in a dividend yield of 2.32%. During the quarter, the company recorded the highest large deals value at $7.7 billion, spread across all verticals and geographies

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Infosys Q2 results: Net profit rises 3%; IT firm declares interim dividend of Rs 18 per share

Infosys board has fixed October 25, 2023 as record date for interim dividend and November 6, 2023 as the payout date

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Infosys reports 3% YoY rise in net profit in Q2FY24, narrows revenue guidance at upper end

Consolidated revenue for the quarter came in at Rs 38,994 crore up 7 percent. Revenues for the quarter were above analyst estimates of Rs 37,694 crore

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Infosys Q2 Earnings: IT major trims FY24 revenue guidance, declares dividend; 5 key highlights

Infosys reported Q2 revenue at ₹38,994 crore, which was 6.7 per cent higher year-on-year (YoY). In constant currency (CC) terms, the company's revenue grew by 2.5 per cent YoY and 2.3 per cent QoQ.

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Infosys Q2 results beat street but weak guidance sends ADRs crashing 7% in New York trading

Infosys narrowed its revenue growth guidance for the full year at the upper end and has now guided for revenue growth of 1-2.5 percent for the full year.

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Infosys Q2 Earnings: Infosys trims revenue growth guidance for FY24 to 1%-2.5%

Infosys performance: Infosys trims revenue growth guidance to 1%-2.5% for FY24.Infosys maintains 20%–22% operating margin guidance for the year. Infosys reports a 3.2% YoY rise in Q2 net profit to ₹6,212 crore.

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