Page 8 - Infosys

Infosys trims variable bonus payment to 65%, cites business condition

Most IT services companies expect near-flat growth in FY due to macroeconomic uncertainty

Infosys rolls out 65% average bonus for Q4FY25 amid macro challenges

India's second-largest IT services company Infosys has rolled out a bonus payout averaging 65 per cent for Q4 FY25, according to sources. An email sent to Infosys did not elicit a response. According to a source, Infosys has rolled out an average bonus payout of 65 per cent for Q4 FY25, considering the "macroeconomic factors". The source, however, pointed out that this is an average and that top performers will be given a higher payout. Infosys had posted an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. The profit (attributable to owners of the company) was at Rs 7,969 crore in the year-ago period.The company has guided for a revenue growth of 0-3 per cent in constant currency terms in the current fiscal year. Revenues for the quarter under review came in at Rs 40,925 crore, 7.9 per cent higher from Rs 37,923 crore in Q4 FY24. Sequentially, the company's profits rose 3.3 per cent, but revenues declined 2 per cent. For the full year FY2

Infosys rolls out 65% bonus for Q4 FY25, down from previous quarters

Infosys distributed an average a bonus of 80 per cent in Q3 FY25, and 90 per cent in Q2 FY25, Moneycontrol reported

Growth of mid-tier IT firms outshone that of larger rivals last year

Persistent, Coforge, and KPIT report double-digit growth while TCS and Infosys lag; faster AI adoption and sector focus help offset macroeconomic headwinds

Infosys signals lower Q4 bonus payouts for employees amid profit decline

Infosys has informed some employees of lower Q4 FY25 bonus payouts citing profit decline while calling the move temporary and promising better recommendations once growth returns

Nifty IT index soars 6%, sees sharpest intra-day rally since April 2020

Infosys, Coforge, Persistent Systems, LTIMindtree and Oracle Financial Services Software from the Nifty IT index have rallied between 7 per cent and 8 per cent.

Infosys completes ₹532 crore acquisition of Australia's The Missing Link

The acquisition, completed via Infosys Singapore, will strengthen Infosys' global cybersecurity operations and bolster its presence in the Australian market

Infosys to accelerate digital transformation at Yorkshire Building Society

Leveraging cloud, data, artificial intelligence, and cybersecurity solutions, Infosys will help Yorkshire Building Society achieve its 2030 strategic plan

Infosys launches Topaz to enable companies to become AI-first enterprises

The comprehensive AI suite is powered by Infosys Cobalt cloud offerings and Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI

Infosys drop 195 trainees in third such layoffs in 2025, offers training

IT company says recruits failed to meet qualifying criteria and were given three chances

'No bulk hiring anytime soon' as IT companies navigate tricky ground

TCS and Infosys did most of the net hiring in the last financial year, followed by Tech Mahindra while Wipro added very few people

IT companies using AI, GenAI to reduce client costs as budgets squeeze

This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side

Infosys stock jumps on Q4 profit uptick, adds ₹12,563 cr in valuation

Shares of Infosys climbed over 2 per cent on Monday after the company's March quarter net profit rose 3.3 per cent sequentially. The stock bounced back after a muted beginning and rallied 3.61 per cent to Rs 1,471.50 in intra-day trade on the BSE. It finally ended at Rs 1,450.45, up 2.13 per cent. Shares of the firm climbed 2.07 per cent to Rs 1,449 apiece on the NSE. The company added Rs 12,563.63 crore, taking its market valuation to Rs 6,02,410.10 crore. The 30-share BSE Sensex jumped 855.30 points or 1.09 per cent to settle above the 79,000 mark at 79,408.50. The NSE Nifty climbed 273.90 points or 1.15 per cent to close at 24,125.55. India's second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter, mainly on account of compensation to employees and acquisitions during the reported period. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago ...

TCS, Infosys, Wipro: Should you buy IT stocks post Q4FY25 results?

Technical charts suggest that IT major shares - Infosys, TCS and Wipro can potentially bounce back up to 18% from present levels; here are the key levels to watch out for.

Infosys gains 3% after Q4 results; Check earnings, outlook, analysts' call

Infosys' stock rose as much as 3.04 per cent during the day to ₹1,462.7 per share

Stocks to Watch, April 21: HDFC Bank, ICICI Bank, Infosys, Coal India, NHPC

Stocks to Watch on Monday: HDFC Bank, ICICI Bank, Infosys, Yes Bank, HDFC Life, BHEL, Coal India and Jio Financial Services are among the stocks to watch today, April 21, 2025

More layoffs: Infosys fires 240 trainees, offers free skill training

The first round of terminations happened in February when the company let go of 320 trainees on similar grounds

Narayana Murthy's 17-mth-old grandson earns ₹3.3 cr from Infosys dividends

Narayana Murthy's 17-month-old grandson Ekagrah Murty is set to receive ₹3.3 crore from Infosys dividends, entering India's youngest millionaire club

Infosys lays off 240 trainees who failed to clear training programme

The layoff comes a day after the IT major announced its plan to hire 20,000 fresh engineering graduates this fiscal year amid prediction of weaker than expected revenue growth

Infosys Q4FY25 results: Net profit declines 11.7% to ₹7,033 crore

Infosys signals weak FY26 after muted Q4 result