Reliance Industries beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its telecom unit was bolstered by higher cellular tariffs and a rise in 5G subscribers.

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 Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit as retail business rebounded, telecom earnings surged on higher tariffs and mainstay oil and petrochemicals business delivered consistent performance.

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