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.

BENGALURU (Reuters) - Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

The company's revenue from operations stood at Rs 79,595 crore, up 7.0 per cent year-on-year, while its gross revenue from operations increased by 8.8 per cent to Rs 90,333 crore

Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.

Infosys posted Q3 revenue from operations at Rs 41,764 crore, up 7.58 per cent as against Rs 38,821 crore posted during the third quarter of FY24.

Jio Platforms Ltd (JPL), which operates India’s largest mobile network operator Reliance Jio, on Tuesday reported a 26 per cent year-on-year (Y-o-Y) increase in net profit to Rs 6,861 crore for the third quarter (October-December) of FY25,

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 Q3 results are announced and this time the net profit has gone up by 11.4 per cent to Rs 6,806 from Rs 6,106 in the same period last year. The operating margin for Q3 stood  Q3 stood at 21.3 per cent,

Infosys reported Q3FY25 earnings with a profit of ₹6,806 crore, an 11.4% increase year-on-year. Revenue rose 7.6% to ₹41,764 crore. The stock closed down 1.21% at ₹1,926.20 on January 16, 2025.

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.

Infosys, India's second-largest software exporter by revenue, has raised its revenue guidance for the financial year 2024-25 (FY25) to 4.5–5 per cent in constant currency, the firm said on Thursday. This marks an upward revision from the 3.