Infosys Q1 Results Highlights: Net Profit Rises to ₹6,368 Crore

Synopsis

Infosys reported net profit increase to ₹ 6,368 crore for Q1 FY25, beating Street estimates. Consolidated revenue for April-June quarter rose to ₹ 39,315 crore.,company also raised its FY25 revenue growth guidance.

Quarter Results Highlights

Infosys' Q1 FY25 net profit rose by 7.1% Y-o-Y to ₹ 6,368 crore, surpassing Street estimates. company’s consolidated revenue from operations increased by 3.6% year-on-year to ₹ 39,315 crore. Analysts had predicted rebound in sequential revenue growth of 2-3% in constant currency, driven by significant deals secured during FY24. However, Infosys' bottom line saw 20.1% quarter-on-quarter decline, primarily due to tax refund boost in previous quarter.

Company Announcements

Infosys raised its revenue growth guidance for FY25 to 3-4%, up from previous 1-3% in constant currency terms. This revision marks fifth adjustment to its annual revenue growth guidance in past five quarters. EBIT margin for quarter increased by 30 basis points to 21.1%, with company maintaining its operating margin guidance of 20-22% for current financial year.

Industry Impact 

IT sector has shown resilience despite global economic uncertainties, with Infosys leading way by securing large deals & driving growth. Analysts predict that industry will continue to see positive trajectory in coming quarters, bolstered by robust seasonal patterns & absence of previous one-time impacts.

Company Description 

Infosys is India's second-largest IT services company, known for its extensive portfolio of information technology & consulting services. With strong focus on innovation & digital transformation, Infosys continues to play pivotal role in global IT landscape. company's Q1 results demonstrate its ability to adapt & grow, positioning it favourably within sector.

To Summarize

Infosys reported 7.1% year-on-year increase in net profit to ₹ 6,368 crore for Q1 FY25, with consolidated revenue rising to ₹ 39,315 crore. Company also raised its FY25 revenue growth guidance to 3-4%.