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Infosys reports sequential profit decline in third quarter
Infosys posted a sequential Q3 profit decline, highlighting margin pressure and cautious global IT spending conditions.
Infosys reported a 9.6% sequential decline in net profit for the third quarter, reflecting pressure on margins and cautious client spending. Despite the drop, the company maintained focus on cost optimisation and deal wins. Investors are analysing guidance commentary to assess demand recovery prospects. The results come as global IT firms face slower client budgets, pricing pressure, and delayed decisions.