Thu Jan 16 12:00:00 UTC 2025: **Infosys Reports Strong Q3 Profit Despite Seasonal Weakness**

**Mumbai, January 16, 2025** – Infosys, a leading information technology company, announced a robust 11.46% year-on-year increase in its consolidated net profit for the October-December quarter, reaching ₹6,806 crore (approximately $827 million USD). This represents a 4.61% sequential increase. The results exceeded analyst expectations, which projected a marginal sequential profit increase and flat revenue.

CEO and MD Salil Parekh attributed the strong performance to the success of Infosys’ digital offerings, market positioning, and strategic initiatives, particularly in enterprise AI and generative AI, which are experiencing significant client interest. He highlighted another quarter of strong large deal wins and an improved deal pipeline.

CFO Jayesh Sanghrajka emphasized the company’s strong performance across segments, operating margin expansion, and a robust 157% free cash conversion to net profits in Q3. Free cash generation for the first nine months of FY25 surpassed the entire FY24 figure.

While Infosys reported revenue growth exceeding analyst predictions, the company anticipates a more moderate outlook for the coming quarter. Revenue from operations is projected to increase by 5% to 6% year-on-year (YoY), reaching ₹41,150 crore to ₹41,250 crore, with a sequential growth of only 0.5% to 1%. Net profit is expected to grow by 9%-10% YoY to ₹6,680 to ₹6,770 crore and by 3%-4% sequentially.

Infosys shares reacted positively to the earnings announcement, trading 0.43% higher at ₹1,957.95 at the time of publication. The provided financial information is subject to the usual market risks. Investors are advised to conduct their own thorough due diligence before making any investment decisions.

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