Q2 Results Today LIVE Updates: IT majors Infosys, Wipro and LTI Mindtree are set to announce their financial results for the second quarter of FY25 today, October 17. The IT services companies are expected to report a soft performance during the July-September quarter. While Infosys Q2 results are estimated to be decent, with revenue growth led by large deal wins and stable margins, Wipro Q2 results are likely to see flat revenue and margin due to softer deals and the impact of the one-month wage hike. Stay tuned to our Q2 results live blog for the latest updates:
Q2 Results Today Live: Revenue expected to grow 3.74% QoQ to ₹40,785 crore
Q2 Results Today Live: Infosys, the second largest IT service company in India, is estimated to report a growth in revenue led by large deal wins, but margins are likely to be stable. In the second quarter ended September 2024, Infosys’ revenue is expected to grow 3.74% to ₹40,785 crore from ₹39,315 crore in the previous quarter. In USD terms, the IT major’s Q2 revenue is estimated to rise 3.2% to $4,865 million from $4,714 million, quarter-on-quarter (QoQ), according to a Livemint poll of eight brokerages.
Q2 Results Today Live: 36 companies to announce earnings today
Q2 Results Today Live: A total of 36 companies will announce their financial results for the second quarter of FY25 today. The companies that will declare Q2 results today include Infosys, Wipro, Axis Bank, LTIMindtree, Nestle India, Tata Chemicals, Tata Communications, Indian Overseas Bank, Central Bank of India, Havells India, Jindal Stainless, Ceat and Polycab India, among others.
Q2 Results Today Live: Infosys, Wipro and LTI Mindtree to declare earnings today
Q2 Results Today Live: IT majors Infosys, Wipro and LTI Mindtree are set to announce their financial results for the second quarter of FY25 today, October 17.
