Tech Mahindra reported a 14 per cent year-on-year increase in net profit at ₹1,122 crore in Q3 despite a one-time labour code ...
Wipro said profit was impacted by a Rs 303-crore charge towards gratuity expenses arising from the implementation of the new labour codes, along with a Rs 263-crore restructuring cost, largely linked ...
The company also saw increase in the number clients at 928 in Q3FY26 as compared to 909 in Q2FY26, and 921 in the third ...
Infosys reports Rs 1,289 cr hit in Q3FY26 due to new labour codes. Revenue growth, AI strategy, and large deal TCV also ...
For Q3, Wipro’s peers, including TCS, Infosys and HCLTech, also reported a profit decline because of ongoing labour code ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of ...
The IT company reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in the October-December quarter ...
IT services major Infosys on Wednesday reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in ...
Infosys raises full-year revenue guidance to 3–3.5%; management remains optimistic on demand outlook
Infosys revised its annual revenue guidance for FY26 from the earlier 2–3% to 3–3.5% for the year. According to the company, ...
Tata Consultancy Services posted a bigger-than-expected third-quarter revenue on Monday as artificial intelligence-led ...
Motilal Oswal Financial Services said the Labour Code provisions led to a charge of Rs 1,800 crore towards gratuity and Rs ...
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