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India's Infosys shares fall on worries about quality of earnings
By Indranil Sarkar and Manvi Pant (Reuters) -Shares of India's No. 2 software services exporter Infosys fell nearly 6% on Friday and were set for their biggest one-day decline since July 2023, as analysts raised concerns about the quality of earnings following its third-quarter report.
Infosys Shares Drop Amid Earnings Quality Concerns
Infosys shares fell nearly 6% on Friday, marking their largest one-day decline since July 2023. The drop followed concerns raised by analysts over the quality of earnings in its third-quarter report.
Infosys shares slide 5% after Q3 earnings. What should investors do?
Infosys shares fell nearly 5% after its Q3 results showed an 11% YoY net profit growth, reaching Rs 6,806 crore, and revenue increasing 8% YoY to Rs 41,764 crore. Despite revising its revenue guidance upwards,
7h
Infosys CEO addresses low salary hike, toxic work culture claims amid raging industry-wide 90-hour workweek debate
Infosys CEO Salil Parekh addressed concerns over the company’s work culture during a Q3 earnings call, following former ...
16h
on MSN
Infosys, Axis Bank drag down Indian benchmarks, outweighing Reliance's gains
India's benchmark indexes fell on Friday, dragged down by a drop in IT company Infosys and private lender Axis Bank after ...
3h
From TCS to Infosys, December quarter IT results hint at a better FY26
While underlying growth continued to be weak in the quarter for most of the top players, what is giving confidence is the ...
3h
Infosys investors blow hot, blow cold on Q3 revenue beat, guidance revision
While Infosys reported a revenue growth in a weak quarter, concerns linger over increasing pass-through revenues as it may ...
The Financial Express
9h
Infosys Vs TCS: Who’s leading the IT turnaround race now?
Infosys and TCS declared their Q3 numbers. Which one fared better? Here is an analysis of the key operating metrics of both ...
12h
How Infosys CEO Reacted To "Stagnant Salaries, Toxic Clients" Allegations
Infosys CEO Salil Parekh addressed toxic work culture allegations during the companys Q3 earnings call on January 16.
9h
Salary Stagnation, Toxic Culture at Infosys? CEO Salil Parekh Reacts Amid 90-Hour Work Week Debate
Parekh was asked pointed questions, particularly regarding stagnant salaries and the company’s approach to workforce ...
newsbytesapp.com
15h
Infosys plans to hire over 20,000 freshers in FY26
India's second-largest software services exporter Infosys has announced that it plans to hire over 20,000 freshers in the ...
1d
on MSN
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said ...
Outlook Business
11h
Infosys Shares Tank Nearly 6%; Drag Markets Lower
Shares of Infosys tanked nearly 6 per cent on Friday amid profit-taking post announcement of the third quarter earnings.
devdiscourse
17h
Infosys Reports Robust Growth and Expands AI Collaborations
Infosys, a leader in digital services, achieved strong performance with $4,939M Q3 revenue, a 6.1% YoY growth. Operating ...
14h
‘Unchained Slavery At Infosys’ Techie Reveals How At Rs 35k Salary In 9 Years Employees Were Charged For Parking Too
To begin with, the techie remarked that he made only Rs 35,000 a month even after spending nearly a decade in Infosys.
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