CosmicTaco

Infosys and Wipro ADRs Drop Despite Strong Q3 Results

CosmicTaco · 2025-01-17T10:37:40.147065+05:30

- Infosys ADRs fell 5.77% and Wipro ADRs dropped 4.07% in US trading despite Infosys reporting better-than-expected Q3 results and raising its revenue guidance. - Infosys' Q3FY25 results showed a 4.6% rise in net profit and a 2% increase in revenue, with strong performance across segments. - Wipro is expected to report a double-digit profit rise for Q3, with analysts anticipating a positive outlook for Q4 despite flattish sales. Source: [Business News India](https://www.businesstoday.in/markets/stocks/story/infosys-wipro-shares-in-focus-as-adrs-plunge-4-6-overnight-461110-2025-01-17), [Mint](https://www.livemint.com/market/stock-market-news/infosys-q3-results-why-infosys-share-may-open-lower-after-infosys-adr-price-crash-on-nyse-11737076216638.html)

Infosys ADRs fell 5.77% and Wipro ADRs dropped 4.07% in US trading despite Infosys reporting better-than-expected Q3 results and raising its revenue guidance.
Infosys' Q3FY25 results showed a 4.6% rise in net profit and a 2% increase in revenue, with strong performance across segments.
Wipro is expected to report a double-digit profit rise for Q3, with analysts anticipating a positive outlook for Q4 despite flattish sales.

Source: Business News India, Mint