Shares of Infosys Ltd declined over 1% on Thursday morning trade as profit-taking emerged in the counter, a day after the firm reported its June quarter earnings.
The blue-chip stock dropped 1.39% to ₹1,552.45 on the BSE.
At the NSE, it dipped 1.39% to ₹1,552.60.
Infosys Ltd on Wednesday reported an 8.7% rise in June quarter net profit and narrowed its full-year revenue forecast after stronger-than-expected earnings growth.
The company reported a consolidated net profit of ₹6,921 crore in April-June -- the first quarter of 2025-26 fiscal year -- compared to ₹6,368 crore earnings in the same period a year back, according to a company statement.
The IT services company narrowed its annual revenue growth forecast to 1-3% band from a prior 0-3% range.
Revenue from operations at ₹42,279 crore was 7.53% higher year-on-year and 3.3% higher quarter-on-quarter, on the back of strong performance in AI and deal wins.
Net profit, however, fell 1.5% sequentially when compared to the January-March quarter.
