On the hiring front, Infosys said it plans to hire between 15,000 to 20,000 freshers in fiscal year 2025, while Wipro said it plans to onboard between 2,500-3,000 freshers every quarter this fiscal.

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.

Shares of IT companies like Mphasis and Tech Mahindra climbed up to 5.5% on the NSE today ahead of the second-quarter results from Infosys, Wipro, and LTIMindtree.

Tv18 poll of analysts estimates the firm's profit after tax (PAT) to rise 6.1% quarter-on-quarter whereas the firm is expected to maintain FY25 margin guidance of 20-22%. Here are live updates on the

Infosys, the second-largest information technology (IT) services provider in India, is set to unveil its results for the July-September quarter on Thursday, October 17. This announcement is highly anticipated by investors and analysts alike.

Infosys, Wipro, Axis Bank, LTIMindtree, Nestle India, Tata Chemicals, Tata Communications, Indian Overseas Bank, Havells India, Jindal Stainless and Polycab India are among companies that will declare Q2 results today.

Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India. Infosys is poised for healthy growth driven by mega-deals, whereas Wipro may see a revenue decline.