Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.

India's second largest IT services exporter Infosys reported 11% YoY growth in its consolidated net profit at Rs 6,806 crore, while revenue from operations increased 8% YoY to Rs 41,764 crore.Infosys Revenue GuidanceThe IT services company has revised its revenue guidance upwards to 4.

Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.

The board of directors has declared an interim dividend of ₹7 (i.e.,140%) per equity share of the company, for the FY2024-25. Shares of Mastek Ltd ended at ₹2,741.15, up by ₹12.05 or 0.44%, on the BSE.

LTIMindtree’s order book grew to $1.68 billion, its highest quarterly deal wins. This is an increase of 29% sequentially.

Private sector lender Axis Bank on Thursday reported a 4.49% rise in standalone net profit for the December 2024 quarter. Profit climbed to Rs 6304 crore in the third quarter against Rs 6,071 crore in the Q3 of previous fiscal.

Infosys , India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

Infosys reported Q3FY25 earnings with a profit of ₹6,806 crore, an 11.4% increase year-on-year. Revenue rose 7.6% to ₹41,764 crore. The stock closed down 1.21% at ₹1,926.20 on January 16, 2025.

Infosys upgraded its FY25 revenue growth guidance to 4.5-5 per cent in constant currency (CC) terms from 3.75-4.5 per cent. It maintained its margin guidance at 20–22 per cent.