Infosys , India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.

Infosys has posted a 2.2% sequential rise in its net profit for the second quarter of FY25 at ₹6,506 crore. However, the number was below market expectations. The company's revenue for the July-September quarter also witnessed a strong 4.

Infosys, India's second-largest software exporter, reported a 5% growth in consolidated net profit to Rs 6,506 crore for Q2, with revenue from operations rising by 5% YoY to Rs 40,986 crore. The company revised its FY25 revenue growth guidance to 3.

Infosys reported a 5% increase in consolidated net profit for Q2, reaching Rs 6,506 crore, with revenue from operations up 5% year-on-year to Rs 40,986 crore. The company revised its FY25 revenue growth guidance to 3.

Revenue from operations for India's second-largest software services company also grew by 5% year-on-year, amounting to Rs 40,986 crore.

During the second-quarter (Q2 FY25), profit came at Rs 6,506 crore as against Rs 6,212 crore in the year-ago period. The company's revenue jumped 5.1 per cent YoY to Rs 40,986 crore from Rs 38,994 in the corresponding period last year.

Its revenue during July-September 2024 increases 2.4% to Rs 40,986 crore, compared with Rs 38,994 crore in the year-ago period. Net Profit Rises 4.7% to Rs 6,506 Crore, Rs 21 Dividend Declared

Infosys reported constant currency revenue growth of 3.1% during the September quarter, slightly higher than the estimates of 3% on a sequential basis.

Analysts had expected that a ramp-up of large deals, increasing traction in generative AI initiatives, and cost optimisations would drive revenue and margin growth for the Indian IT major.