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Infosys Q3 profit up 23% at Rs 4,457 cr, revenue jumps 7.9% to Rs 23,092 cr

Market analysts said Infosys' performance was in line with their expectations

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Infosys  | Infosys Q3 results | Salil Parekh

Debasis Mohapatra  |  Bengaluru 

Infosys, the country’s second-largest IT services company, on Friday met street estimates of the third quarter’s financial numbers and gave guidance for double-digit growth for the full year. For the quarter ended December, Infosys posted a net profit of Rs 4,457 crore, a rise of 23.5 per cent year-on-year (YoY). In sequential terms, net profit grew around 11 per cent.

Revenues grew 7.9 per cent YoY at Rs 23,092 crore during October-December. Sequentially, it grew 2 per cent. In dollar terms, revenues were at $3.24 billion, 8.6 per cent higher YoY and 1 per cent on a ...

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First Published: Fri, January 10 2020. 22:03 IST
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