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Infosys Q3 Results Highlights: Net profit jumps 11.46% YoY to ₹6,806 crore, revenue up 7.58%
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6 min read | Updated on January 16, 2025, 16:38 IST
SUMMARY
Infosys Q3 Results: Information technology major Infosys reported an 11.46% increase in its consolidated net profit to ₹6,806 crore in the latest October-December quarter, compared to ₹6,106 crore in the year-ago period. Sequentially, the net profit increased 4.61%.
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Infosys provides business consulting, information technology, and outsourcing services.
- Revenue from operations: ₹41,764 crore, up 7.58% YoY, up 1.89% QoQ
- Net profit: ₹6,806 crore, up 11.46% YoY, up 4.61% QoQ
- Infosys Compaz and Temasek, announced a strategic collaboration with StarHub to accelerate their operations and drive technology-led innovations.
- Infosys announced the extension of its existing collaboration with Old National Bank to accelerate its operational and technological transformation.
- Infosys announced its collaboration with RheinEnergie to help enterprises drive their energy transition and sustainability agenda forward.
- Infosys announced the extension of its existing collaboration with Microsoft to help accelerate customer adoption of generative AI and Microsoft Azure, globally.
- Infosys announced the launch of its small language models – Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM – built using the powerful NVIDIA AI Stack.
- Infosys announced the launch of Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation.
- Infosys announced its strategic collaboration with zooplus to enhance its service capability and scalability.
- Infosys announced a strategic collaboration with Kardex to transform its business operations using SAP S/4HANA.
- Infosys announced its collaboration with Southwark Council to launch its digital learning platform - Springboard in the borough.
Salil Parekh, CEO and MD, said, "Our strong revenue growth sequentially in a seasonally weak quarter and broad-based year on year growth, along with robust operating parameters and margins, is a clear reflection of the success of our differentiated digital offerings, market positioning, and key strategic initiatives. We continue to strengthen our enterprise AI capabilities, particularly focusing on generative AI, which is witnessing increasing client traction. This has led to another quarter of strong large deal wins and improved deal pipeline giving us greater confidence as we look ahead."
Jayesh Sanghrajka, CFO, said, "We had another quarter of strong performance with revenue growth across segments and operating margin expansion, leading to 11.4% EPS growth year on year in rupee terms. Our structured approach to operating margin expansion yielded more results in Q3, particularly due to benefits from improving realization and scale benefits” said Jayesh Sanghrajka, CFO. “Our sharp focus on cash flow is reflected in Free cash conversion to net profits of 157% in Q3 with free cash generation for 9 months of FY25 surpassing that of entire FY24."
- Revenue growth of 4.5%-5.0% in constant currency
- Operating margin of 20%-22%
- Nandan Nilekani, Co-founder and Chairman of the Board
- Salil Parekh, Chief Executive Officer and Managing Director
- D Sundaram, Lead Independent Director
- Nitin Paranjpe, Independent Director
- Chitra Nayak, Independent Director
- Michael Gibbs, Independent Director
- Helene Auriol Potier, Independent Director
- Bobby Parikh, Independent Director
- Govind Iyer, Independent Director
- Revenue from operations: ₹40,986 crore, up 5.1% YoY, up 4.2% QoQ
- Net profit: ₹6,506 crore, up 4.7% YoY, up 2.16% QoQ
- EdgeVerve Systems Limited
- Infosys BPM Limited
- Infosys Consulting Holding AG
- Infosys Public Services Inc.
- Infosys Consulting Ltda
- Infosys Technologies (Australia) Pty. Limited
- Infosys Technologies (China) Co. Limited
- Infosys Technologies (Shanghai) Co. Limited
- Infosys Technologies (Sweden) AB
- Infosys Technologies S. de R. L. de C. V.
- Panaya
- Noah Consulting, LLC
- BASE life science
- Traded volume: 20.59 lakh
- Traded value: ₹401.83 crore
- Total market cap: ₹8,04,522.92
- Free float m-cap: ₹6,96,812.35
- Current price: ₹1,943 (-0.34%)
- Open: ₹1,965.95
- High: ₹1,966.95
- Low: ₹1,941.35
- Previous close: ₹1,949.65
According to analysts, revenue is likely to be flat, with a marginal sequential increase in net profit.
Revenue from operations is expected to rise by 5% to 6% year-on-year (YoY) in the range of ₹41,150 crore to ₹41,250 crore. Sequentially, the revenue growth could be 0.5% to 1%.
Experts project net profit to grow 9%-10% YoY to around ₹6,680 to ₹6,770 crore and 3%-4% sequentially.
Infosys share price
Ahead of earnings, Infosys shares are trading 0.43% higher at ₹1,957.95. Intraday, they climbed up to 0.88%.
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