Average 70% Bonus Announced for First Quarter as Employees Seek Salary Hike Clarity

Infosys Limited announced a consolidated net profit of ₹7,769 crore for the April-June quarter, reflecting a 12% increase compared to the same period last year. Despite this growth in profit, the company has revised its revenue growth guidance for the fiscal year, signaling potential challenges in achieving its previously set targets. The adjustment comes amidst a broader context of fluctuating demand in the technology sector, where companies are adapting to changing economic conditions and global market dynamics. As one of Indias leading IT services firms, Infosys continues to focus on strategic investments and enhancements in digital services to drive future growth. The companys performance and guidance will be closely watched by analysts and investors as they navigate the evolving landscape of the information technology industry.