New Delhi: A day after Reliance Industries and Infosys declared their Q3 Results 2025 on January 16, 2025 the stocks of both the companies are expected to be in focus on Friday. Mukesh Ambani-led RIL reported its net increased 7.4 per cent on rebound in retail, higher telecom earnings. Infosys, India’s second largest IT company, stated that its Q3 profit jumped 11.4 per cent on demand pick-up and company also raised its sales forecast for third time in FY25.
RIL share closed with nearly 2 per cent gains at Rs 1,275.00 on Thursday. Infosys stock closed 1.50 per cent down at Rs 1,920.05. Both the companies declared their Q3 Results after the stock markets closed on 16th January.
Reliance Industries Q3 Results
Reliance Industries announced results for the third quarter ended December 31, 2024 on Thursday, January 16, 2025. The company reported a 7.4 per cent rise in its net profit and the profit before tax (EBITDA) rose 7.8 per cent to Rs 48,003 crore.
- Quarterly consolidated revenue stood at Rs 267,186 crore, an increase of 7.7 per cent year on year.
- Record quarterly consolidated EBITDA was recorded at Rs 48,003 crore, up 7.8 per cent Y-O-Y.
RIL’s consolidated Profit After Tax was reported at Rs 21,930 crore, up 11.7 per cent Y-O-Y. - It recorded the quarterly profit after tax of JIO platforms at Rs 6,857 crore, an increase of 25.9 per cent Y-O-Y
- The Profit after Tax of Reliance Retail was at Rs 3,485 crore, UP 10.1 per cent Y-O-Y
Infosys Q3 Results
In its Q3 Results 2024-25, Infosys Ltd reported 11.46 per cent rise in third quarter net profit on pick-up in demand. The IT services provider’s net profit increased to Rs 6,806 crore in the third quarter of the current financial year. The Revenue also recorded a jump of 7.6 per cent to Rs 41,764 crore.
Infosys raised its full-year revenue growth forecast to 4.5-5 per cent from 3.75-4.5 per cent earlier.
“What we are seeing is a clear change in the discretionary activity in financial services, in retail and consumer products, which gives us good confidence,” chief executive Salil Parekh told reporters.
- Operating margin at 21.3 per cent, increase of 0.8 per cent year on year and 0.2 per cent QoQ
- Basic EPS at Rs 16.43, growth of 11.4 per cent YoY
- FCF at Rs 10,647 crore, growth of 91.9 per cent YoY
- FCF conversion at 156.1 per cent of net profit
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Stocks in Focus today: Reliance Industries and Infosys share price in news on January 17, 2025. Both the firms declared their Q3 Results of 2024-25 on January 16. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
