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Infy profit up 11% to ₹6.8k crore; revenue guidance increased
January 17, 2025
|The New Indian Express Shivamogga
IT services company Infosys on Thursday posted a 11.4% growth in net profit at ₹6,806 crore for the third quarter ending December 2024, beating Street estimates, compared to ₹6,106 crore in the same quarter last year.
The company's revenue from operations in the third quarter stood at ₹41,764 crore, a 7.6% increase compared to ₹38,821 crore in the year-ago period.
The company's operating margin stood at 21.3%, an increase of 0.8% y-o-y. For FY25, the company has raised its revenue guidance from 3.75%-4.5% to 4.5%-5.0%, based on its strong performance in this quarter. The company has retained its margin guidance at 20%-22%.
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The New Indian Express Shivamogga
Gopichand Hinduja passes away at 85 in London
HINDUJA group chairman Gopichand Parmanand Hinduja, the Indian-origin English businessman and the richest person in the island nation, passed away in a London hospital after a brief spell of illness, on Tuesday.
1 min
November 05, 2025
The New Indian Express Shivamogga
Eastern Command gears up for major tri-service exercise of new formations
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1 mins
November 05, 2025
The New Indian Express Shivamogga
Concerned over misuse of Pocso Act, says SC
NOTING that the POCSO Act is being misused in cases of marital discord and consensual relationships between adolescents, the Supreme Court on Tuesday emphasised the need to spread awareness in boys and men about its legal provisions.
1 mins
November 05, 2025
The New Indian Express Shivamogga
SOIL SOLUTION CAN BOOST FARMING, CUT POLLUTION
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1 mins
November 05, 2025
The New Indian Express Shivamogga
33% crop loss as Gujarat fields drown in despair
UNSEASONAL rain has once again battered Gujarat’s farmlands, leaving over 17 lakh farmers across 16,000 villages reeling under heavy crop loss.
1 min
November 05, 2025
The New Indian Express Shivamogga
8 killed, 16 injured in train collision near Bilaspur
AT least eight passengers, including a loco pilot, were killed and 16 injured when a passenger train collided with the rear end of a stationary goods train near Bilaspur in Chhattisgarh under the South-East Central Railway (SECR) zone on Tuesday.
1 min
November 05, 2025
The New Indian Express Shivamogga
Shriram Life’s new biz premium up 17% in H1
THE Shriram Life Insurance Company Ltd (SLIC) reported a 17% year-on-year growth in individual new business premium (NBP) in H1FY26, rising from ₹542 crore in the first half of FY25 to ₹635 crore in H1
1 min
November 05, 2025
The New Indian Express Shivamogga
ONLY 10% CONTROLLING ARMY, 90% LEFT OUT, SAYS RAHUL
LEADER of Opposition in Lok Sabha Rahul Gandhi on Tuesday stirred up a controversy after he claimed that the Indian Army was being controlled by only 10% of the country’s population (referring to so-called Upper Castes).
1 mins
November 05, 2025
The New Indian Express Shivamogga
Digital hub: C'garh TechStart to connect startups with investors
THE Chhattisgarh government resolutely ‘showcased its growing innovation economy’ as it hosted “Chhattisgarh Tech-Start 2025”, a notable initiative designed to connect the future of innovations and investments with startups and technology enablers.
1 min
November 05, 2025
The New Indian Express Shivamogga
NMC told to examine non-payment of stipend to PG students, interns
IN a significant move, the health ministry has directed the National Medical Commission (NMC) to examine the issue of nonpayment of stipends by medical colleges and institutions to their interns and postgraduates.
1 mins
November 05, 2025
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