November 16, 2024

deal wins

Infosys’ mixed signals give cold vibes to investors

Infosys’ mixed signals give cold vibes to investors

TheSpuzz Desk05 mins

Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…

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For L&T Tech, meeting FY25 revenue and margin targets is easier said than done

For L&T Tech, meeting FY25 revenue and margin targets is easier said than done

TheSpuzz Desk04 mins

Source: Live Mint L&T Technology Services Ltd (LTTS), a tier-2 IT company, is grappling with the challenge of balancing revenue growth and margins. In the September quarter (Q2FY25), its constant currency (CC) revenue grew by a decent 3.4% sequentially, marking a recovery from a seasonally weak Q1. All three key verticals—mobility, sustainability, and hi-tech—returned to…

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