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India's Infosys shares fall on worries about quality of earnings
Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings. Infosys dragged the IT sector down by 2.
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,
10h
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 ...
6h
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 ...
15h
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.
12h
on MSN
Infosys Q3 results: Why Infosys share may open lower after Infosys ADR price crash on NYSE?
Infosys ADR price decline suggests the likelihood that Infosys shares will open on weak note when the Indian stock market ...
12h
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 ...
The Financial Express
11h
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 ...
devdiscourse
19h
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 ...
Outlook Business
14h
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.
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 ...
newsbytesapp.com
18h
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 ...
6h
Infosys investors blow hot and 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 ...
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