Rs 5,197 crore Q3 profit for Infosys
IT major Infosys in January reported a 16.6 ...
IT major Infosys in January reported a 16.6 percent year-on-year growth in its consolidated net profit for October-December period at Rs 5,197 crore. Its net profit during the corresponding period of the previous fiscal (FY 2019-20) stood at Rs 4,457 crore.
The company reported a revenue of Rs 25,927 crore during the period under review, higher by 12.3 per cent from Rs 23,092 crore earned during the third quarter of FY20. Infosys has raised its revenue and margin guidance band to 4.5-5.0 per cent and 24.0-24.5 per cent respectively on the back of continued strong performance.
Salil Parekh, CEO and MD, Infosys, said: “The Infosys team has delivered another quarter of excellent results”.