The company has raised its FY25 revenue guidance from previous quarter’s projection of 1% -3% to 3% - 4% in constant currency and while maintaining the operating margin guidance at 20%-22% for the same fiscal year.
The IT major’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 repor...
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