๐ Axis Bank Q2 Earnings
Net profit rose by 18% to Rs 6,918 crore.
The gross non-performing assets (NPA) ratio improved to 1.44%, down from 1.54% quarter-on-quarter.
The net NPA is at 0.34%.
--------
๐ Wipro Q2 Earnings
Revenue increased by 1.5% to Rs 22,301.60cr, up from Rs 21,963.80cr.
Net profit rose by 6% to Rs 3,226.60cr, compared to Rs 3,036.60cr.
EBITDA grew by 1% to Rs 3,672.50cr, compared to Rs 3,625.20cr.
The margin improved to 16.5%, up from 16.3%.
--------
๐ Infosys Q2 Earnings
Revenue increased by 4.3% to Rs 40,986 crore, compared to Rs 39,315 crore last year.
Net profit rose by 2% to Rs 6,516 crore, up from Rs 6,374 crore.
EBITDA grew by 4% to Rs 8,649 crore, compared to Rs 8,288 crore.
The margin improved slightly to 21.2%, up from 21.1%.
The revenue growth guidance for FY25 has been revised to 3.75% to 4.5%, up from the previous range of 3% to 4%.
Infosys declared a Rs 21 interim dividend.