India Inc Earnings Highlights: Infosys beats Street estimate with net profit of Rs 5,421 crore, ups revenue guidance

Infosys to announce new structure before UB Pravin Rao steps down: CEO Salil Parekh

Infosys to hire 45,000 freshers in FY22, up from earlier forecast of 35,000

Infosys said it was expanding its college graduates hiring program to around 45,000 for this financial year. It was earlier looking to hire 35,000 freshers. (Read more on Infosys hiring)

Infosys Q2 | EBIT margin guidance retained at 22-24% for FY22

Infosys raised its constant currency guidance to 16.5-17.5 percent for FY22, from 14-16 percent. However, it maintained the guidance for EBIT margin at 22-24 percent. (Read more on Infy Q2 results)

Infosys Q2 | Constant currency revenue growth at 6.3% vs estimate of 6.5% 

Infosys reported 6.3 percent growth in Q2 revenue in constant currency terms. Analysts in a CNBC-TV18 poll had estimated revenue growth at 6.5 percent. (Read more on Infosys Q2 results here)

Infosys Q2 | Revenue at $3,998 million, meets Street estimates

Infosys reported revenue of $3,998 million for the quarter ended September 30, meeting Street estimates.

Analysts in a CNBC-TV18 poll had predicted the company's revenue at $3,991 million.

Infosys board announces interim dividend of Rs 15 per share for FY22

The IT giant's board announced an interim dividend of Rs per share for the current financial year. 

Wipro Q2 | CFO Jatin Dalal says EPS growth robust at 23.8% YoY 

Wipro Chief Financial Officer Jatin Dalal said the company has sustained its operating margins in Q2 in a narrow band even after absorbing the full impact of our recent acquisitions, and investing significantly in its business across sales, capabilities and talent.

"We completed a salary increase covering 80% of our colleagues, making it the second hike in this calendar year. We delivered a robust growth in EPS of 23.8% YoY," he said.

Infosys Q2 Earnings | Net profit at Rs 5,421 crore, beats Street estimates; revenue meets expectations

Infosys Q2 Earnings | Net profit at Rs 5,421 crore, beats Street estimates; revenue meets expectations

Mindtree Q2 Earnings | Mindtree profit up 16% QoQ to Rs 399 crore, beats Street estimates

Mindtree reported revenue of Rs 2,586.2 crore for the quarter ended September 30, up 12.8 percent sequentially. Analysts in a CNBC-TV18 poll had predicted the company to report a net profit of Rs 358 crore.

Wipro Q2 | CEO Thierry Delaporte says results demonstrate company's business strategy working well 

Wipro CEO and Managing Director Thierry Delaporte said: “The Q2 results demonstrate that our business strategy is working well. We grew at over 4.5% organic sequential growth for a second quarter in a row, resulting in a 28% YoY growth in the first half of this financial year. I thank our customers, partners, and colleagues as we surpassed the $10Bn milestone of annualized revenue run rate.”

Wipro Q2 Earnings | Company expects December quarter IT services revenue to grow 2-4% sequentially 

Wipro said it expects its IT services revenue to be in the range of $2,631 million-$2,683 million in the quarter ending December 31, translating into sequential growth of 2.0 percent to 4.0 percent.

Wipro Q2 Results | IT services revenue exceeds Street expectations

Wipro reported revenue of Rs 19,760 crore from the IT services segment for the quarter ended September 30, beating Street estimates. Analysts in a CNBC-TV18 poll had predicted the IT major to report IT services revenue of Rs 19,183 crore. 

The company's earnings before interest and taxes (EBIT) came in at Rs 3,492 crore, exceeding analysts' estimate of Rs 3,244 crore. 

Q2 Earnings | Wipro posts Rs 2,931 crore profit, down 9.6% QoQ

Wipro reported a net profit of Rs 2,930.7 crore for the quarter ended September 30, down 9.6 percent sequentially. Revenue came in at Rs 19,667.4 crore in the second quarter of the current financial year, as against Rs 18,252.4 crore in the previous quarter. 

Q2 Earnings | Street expects Infy to revise revenue guidance up to 15-17%

Analysts in a CNBC-TV18 poll expect Infosys to revise its revenue guidance up to 15-17 percent. (Read more on what to expect from Infosys, Wipro, Mindtree results)