Infosys reported a consolidated profit after tax (PAT) of ₹6,368 crore for the quarter ending June 30, 2024, reflecting a 7.1% increase from ₹5,945 crore in the same period last year. The company also announced an upward revision of its annual sales forecast, attributing this change to a recovery in IT demand. This announcement has led to a notable rise in the company's stock, with Infosys ADR experiencing its largest single-day gain in four years. The revenue for the quarter increased by 4%, further indicating positive trends in client spending.