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News Topical, Digital Desk : Infosys has released its second quarter results. Both profits and revenue exceeded market expectations. The company has also raised its lower-end guidance. According to market information, the company's profits increased by more than 6 percent compared to the first quarter. Quarterly earnings increased by more than 5 percent. EBITDA increased by more than 6 percent quarter-on-quarter. The company's margins and dollar earnings also improved quarter-on-quarter. Along with the results, the company announced a dividend of ₹23 per share to its investors. The record date for the interim dividend is October 27th.
According to company data, profit increased by 6.4% compared to the first quarter to ₹7,365 crore. This figure is 1.4% higher than the CNBC TV18 poll. Revenue increased by ₹44,490 crore compared to the previous quarter's ₹42,279 crore. The market had estimated revenue of ₹44,142 crore. EBITDA increased by 6.25% to ₹9,353 crore, compared to the market's estimate of ₹9,385 crore. Margins increased from 20.8% to 21%, compared to the market's estimate of 21.3%. Revenue in dollar terms was ₹5,076 million compared to the first quarter's ₹5,048 million.
What else was special about the results? The company raised the lower end of its revenue growth guidance for fiscal year 2026 to 2-3 percent, down from 1-3 percent previously. On a quarter-on-quarter basis, CC revenue growth was 2.2 percent. The market had estimated growth of 1.8 percent.
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