Sequentially, net profit declined 21.36 percent. The decline in profit is due to a higher base reported in previous quarter, that came from a one-time special income from sale of assets.

Jio Financial Services Ltd on Friday said its consolidated profit remained flat at Rs 295 crore for the third quarter ended in December 2024.

In the corresponding quarter of the previous fiscal year, Jio Financial Services recorded a net profit of Rs 293.8 crore. The company's revenue from operations also saw a 6% growth to Rs 438.4 crore, up from Rs 413.6 crore in the same period of the previous fiscal year.

The company announced its quarterly results for the October-December quarter (Q3) of FY 25 in an exchange filing during the post market hours of . The company’s earnings per share (EPS) stood at Rs 4.

The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25

Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

India's No.2 software-services exporter Infosys raised its annual revenue forecast for the third time this financial year on Thursday as its U.S. banking and retail clients warmed up to spending more on discretionary projects.

Infosys CFO Jayesh Sanghrajka said the firm is on track to meet its hiring commitment and will hire over 15,000 staff in the current fiscal year. "We are expecting 20,000 plus fre

Infosys upgraded its FY25 revenue growth guidance to 4.5-5 per cent in constant currency (CC) terms from 3.75-4.5 per cent. It maintained its margin guidance at 20–22 per cent.

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing.