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 ...
Infosys reports Rs 1,289 cr hit in Q3FY26 due to new labour codes. Revenue growth, AI strategy, and large deal TCV also ...
Infosys Q3FY26 results show a 2.2% YoY drop in profit due to a one-time Rs 1,289 crore labour code impact, even as revenue ...
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 ...
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 majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
For Q3, Wipro’s peers, including TCS, Infosys and HCLTech, also reported a profit decline because of ongoing labour code ...
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 ...
Press Trust of India on MSN
Wipro Q3 net profit falls 7 pc to Rs 3,119 cr on new Labour Code impact
IT services major Wipro on Friday reported a 7 per cent decline in consolidated net profit to Rs 3,119 crore in the third ...
Tata Consultancy Services posted a bigger-than-expected third-quarter revenue on Monday as artificial intelligence-led ...
Infosys revised its annual revenue guidance for FY26 from the earlier 2–3% to 3–3.5% for the year. According to the company, ...
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