Infosys Exceeds Profit and Revenue Expectations, Raises Annual Forecast

India's second-largest IT services firm sees revived client spending and improved financial outlook for 2025.

Infosys reported a 7.1% increase in net profit for the June quarter, reaching $761.3 million.
Quarterly revenue rose by 3.6% to $4.7 billion, surpassing analyst predictions.
The company upgraded its annual revenue growth forecast to 3-4%, up from 1-3%.
Large contract wins totaled $4.1 billion, indicating strong client demand.
Despite positive financial results, Infosys's workforce decreased by nearly 2,000 employees this quarter.