Reliance Industries reported a better-than-expected third-quarter profit on Thursday, helped by strong demand in its retail segment, and as higher telecom tariffs and a rise in 5G subscribers boosted the telecom unit.

BENGALURU (Reuters) - Infosys, India's second-largest IT services provider, reported better-than-expected third-quarter revenue on Thursday, aided by a pickup in demand in its banking and financial services vertical, and raised its full-year revenue forecast.

Reliance Industries recorded double-digit YoY increase in bottomline on strong growth in digital services and retail businesses in Q3FY25.

Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.

Jio Platforms Ltd (JPL), which operates India’s largest mobile network operator Reliance Jio, on Tuesday reported a 26 per cent year-on-year (Y-o-Y) increase in net profit to Rs 6,861 crore for the third quarter (October-December) of FY25,

Reliance Industries on Thursday reported a better-than-expected third-quarter profit, helped by strong performance across its energy, retail and digital services segments.

The company's revenue from operations stood at Rs 79,595 crore, up 7.0 per cent year-on-year, while its gross revenue from operations increased by 8.8 per cent to Rs 90,333 crore