India's LTIMindtree on Thursday reported third-quarter revenue above estimates, helped by the execution of large deals won in previous quarters, although its profit fell on account of an uptick in expenses.

Revenue rose 7.6% to 417.64 billion rupees ($4.83 billion) in the October-December period, surpassing average analysts' estimate of 412.78 billion rupees, according to data compiled by LSEG. Infosys also raised its full-year revenue growth forecast to 4.

Infosys CFO Jayesh Sanghrajka said the firm is on track to meet its hiring commitment and will hire over 15,000 staff in the current fiscal year. "We are expecting 20,000 plus fre

Reliance Industries on Thursday reported a better-than-expected third-quarter profit, helped by strong performance across its energy, retail and digital services segments.

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.

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing.

Reliance Industries reported a better-than-expected third-quarter profit on Thursday, helped by strong demand in its retail segment, and as higher telecom tariffs and a rise in 5G subscribers boosted the telecom unit.