Overview
- Consolidated sales rose 5.54% to 235.56 billion rupees in the December quarter, topping LSEG consensus.
- Net profit declined 7% to 31.19 billion rupees after a 3 billion-rupee charge linked to India’s new labour codes.
- Total deal bookings were $3.34 billion, down from $4.69 billion in the prior quarter but higher year over year.
- Growth was driven by parts of the Americas business across communications, health and consumer, while banking and financial services rose 1.6%.
- Fourth-quarter revenue is guided to be flat to up 2% sequentially, implying $2.64–$2.69 billion, as larger peers report selective demand despite caution.