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Hot Pursuit News

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(18 Jul 2024, 16:31)

Infosys Q1 PAT drops 20% QoQ to Rs 6,374 cr; revises FY25 revenue guidance to 3%-4%

Infosys’s consolidated net profit declined 20.08% to Rs 6,374 crore in Q1 FY25 as compared with Rs 7,975 crore in Q4 FY24.


Revenue from operations increased 3.67% QoQ to Rs 39,315 crore in Q1 FY25.

Year-on-year basis, the company’s net profit jumped 7.22% and revenue increased by 3.64% in the quarter ended 31 March 2024.

Profit before tax stood at Rs 9,021 crore in Q1 FY25, down 11.9% and up 7.88%.

Constant currency revenue grew 2.5% YoY in the June quarter. Operating margin stood at 21.1%, up 0.3 YoY in Q1 FY25.

In dollar terms, the IT firm reported revenue of $ 4,714 million, up 2.1% YoY and 3.3% QoQ in the quarter ended 30 June 2024.

The total contract value (TCV) of large deal wins was $ 4.1 billion in Q1 FY25, with net new of 57.6%.

The company’s total clients stood at 1,867 as on 30 June 2024 as compared with 1,883 clients as on 30 June 2023.

Total headcount as on 30 June ...

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