Infosys

Infosys Ltd has said its FY25 revenue growth is likely to between 1 and 3 per cent. The company also missed estimates on the US Dollar revenue, margin and profit front. The profit optically looks a beat but that is due to an other income component. It also declared a total dividend of ₹28 per share. The ADR slipped nearly 2.5 per cent at the NYSE.

Domestic market opened lower on Friday’s early trade. BSE Sensex was down by 477.79 pts or 0.66 per cent to trade at 72,011.20 as of 9.31 am, and Nifty 50 declined by 165 pts or 0.75 per cent to trade at 21,830.85.