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Infosys net up 6.1% in 2nd quarter

IANS  |  Bengaluru 

Global software major Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth.

In a regulatory filing to the stock exchanges, the IT major said consolidated revenue for the quarter (Q2) under review increased 10.7 per cent YoY to Rs 17,310 crore.

In dollar terms, consolidated net income grew 3.8 per cent YoY to $539 million and consolidated gross revenue 8.2 per cent YoY to $2,587 million ($2.6 billion) under the International Financial Reporting Standard.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Infosys net up 6.1% in 2nd quarter

Global software major Infosys Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth.

Global software major Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth.

In a regulatory filing to the stock exchanges, the IT major said consolidated revenue for the quarter (Q2) under review increased 10.7 per cent YoY to Rs 17,310 crore.

In dollar terms, consolidated net income grew 3.8 per cent YoY to $539 million and consolidated gross revenue 8.2 per cent YoY to $2,587 million ($2.6 billion) under the International Financial Reporting Standard.

--IANS

fb/ksk

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Infosys net up 6.1% in 2nd quarter

Global software major Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth.

In a regulatory filing to the stock exchanges, the IT major said consolidated revenue for the quarter (Q2) under review increased 10.7 per cent YoY to Rs 17,310 crore.

In dollar terms, consolidated net income grew 3.8 per cent YoY to $539 million and consolidated gross revenue 8.2 per cent YoY to $2,587 million ($2.6 billion) under the International Financial Reporting Standard.

--IANS

fb/ksk

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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