Thu Jan 16 21:55:58 UTC 2025: ## Infosys Exceeds Expectations in Q3, Raises Revenue Growth Guidance

**Bengaluru, January 16, 2025** – Infosys, a leading IT services company, announced strong third-quarter (Q3) FY25 results, exceeding market expectations. Net profit rose 11.4% year-on-year to ₹6,806 crore (approximately $826 million USD), compared to ₹6,106 crore in the same period last year. Revenue increased by 7.5% to ₹41,764 crore (approximately $5.07 billion USD), up from ₹38,821 crore in Q3 FY24. In constant currency terms, revenue growth was 6.1%.

Despite the positive results, Infosys shares closed 1.21% lower at ₹1926.20 on the BSE. The results were announced after market hours.

The company’s operating margin (EBIT margin) improved by 10 basis points to 21.3%, slightly impacted by holiday effects. Infosys secured large deals with a total contract value (TCV) of $2.5 billion, 63% of which were net new deals.

Significantly, Infosys raised its constant currency revenue growth guidance for FY25 for the third consecutive quarter, to 4.5-5%, up from the previous guidance of 3.75-4.5%. This marks the eighth revision to its revenue guidance in the past nine quarters. The company maintained its operating margin guidance of 20-22% for FY25. The results surpassed analyst predictions from nine brokerage firms polled by Moneycontrol, who had estimated a profit of ₹6,734 crore and revenue of ₹41,206 crore.

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