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Infosys faces profit pressure despite modest revenue growth
Infosys delivered mixed Q3 results with revenue growth but profit decline, as margin pressure and cautious enterprise spending weighed on performance.
Infosys reported a mixed December quarter as net profit declined 9.6% year on year to ₹6,654 crore, reflecting margin pressure and rising costs. Revenue grew 2.2% to ₹45,479 crore, supported by deal wins and stable client demand. Management flagged cautious enterprise spending and currency movements as near term headwinds for the information technology services sector globally during the December quarter across client markets.