Infosys Q3 Results: Net profit surged 11.46% to ₹6,806 cr, shares plummet 5%
Shares of Infosys tumbled 5.15 per cent on the BSE at 10.42 AM on Friday despite the company has reported a robust third quarter with a significant jump in both profit and revenue..
The net profit of the company surged 11.46 per cent y-o-y to ₹6,806 crore while the revenue increased by 7.58 per cent y-o-y to ₹41,764 crore.
The company raised its full-year revenue growth guidance to 4.5-5 per cent in constant currency terms, reflecting the strong Q3 performance and increased deal wins.
The stock hit a 52- week high of ₹2,006.80 on December 13, 2024 and low ₹1,359.10 on June 4, 2024.
