Infosys shares jumped over 5 per cent after the IT major raised its FY26 revenue growth guidance to 3–3.5 per cent. Despite a decline in quarterly net profit, strong AI momentum and improved outlook boosted investor sentiment
The company reported a net profit of Rs 11,058 crore in the year-ago period and Rs 11,909 crore for the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore against Rs 60,583 crore in the year-ago period
The stock tumbled 6.85 per cent to Rs 350 on the BSE. At the NSE, it plummeted 6.90 per cent to Rs 350. Wipro on Tuesday posted a 3.4 per cent decline in consolidated net profit to Rs 2,465.7 crore