Thu Jan 16 22:46:11 UTC 2025: ## Infosys Q3 Results: Profit and Revenue Surge, Growth Engine Accelerates

**Bengaluru, India** – Infosys, India’s leading IT exporter, announced a strong performance for its third quarter (Q3FY25), ending December 2024. Net profit jumped 11.4% year-on-year (YoY) to ₹6,806 crore (approximately $820 million USD), exceeding Bloomberg’s estimate of ₹6,773 crore. Revenue also saw significant growth, increasing 7.6% YoY to ₹41,764 crore (approximately $5 billion USD), surpassing Bloomberg’s projection of ₹41,353 crore. This marks the second consecutive quarter where Infosys has exceeded its revenue guidance. The company initially projected 3-4% revenue growth for FY25, subsequently raising it to 4.5% and now to 4.5-5%.

The strong performance was attributed to increased client trust and a focus on innovation in areas such as digital and generative AI. Operating margin improved to 21.3%, up 0.8% YoY and 0.2% quarter-on-quarter (QoQ). EBIT (Earnings Before Interest and Taxes) rose 3% QoQ to ₹8,912 crore. Total contract value (TCV) reached $2.5 billion, slightly higher than the previous quarter’s $2.4 billion, although below the $4.1 billion achieved in Q1.

Despite the positive results, Infosys’s headcount increased to 323,379, with 5,591 new hires, while attrition rate rose slightly to 13.7%.

CEO Salil Parekh commented on the robust growth despite seasonal headwinds, highlighting the company’s commitment to innovation and client confidence as key drivers. The company maintained its FY25 operating margin guidance at 20-22%.

However, Infosys shares closed down 1.52% at ₹1920.05 on the day of the announcement.

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