Infosys Q3 net profit up 6.6 pct, beats estimates

MUMBAI (Reuters) - Infosys Ltd , India's second-largest software services exporter by revenue, reported a bigger-than-expected 6.6 percent increase in quarterly net profit as it won more clients and as a weaker rupee helped.

Consolidated net profit rose to 34.65 billion rupees ($516.5 million) in its fiscal third quarter to Dec. 31, from 32.5 billion rupees a year earlier, the Bengaluru-headquartered company, which counts Apple Inc , Volkswagen AG and Wal-mart Stores Inc among its clients, said in a statement.

Analysts on average had expected a net profit of 33.53 billion rupees, according to data compiled by Thomson Reuters.

($1 = 67.0900 Indian rupees)

 

(Reporting by Sumeet Chatterjee and Devidutta Tripathy; Editing by Muralikumar Anantharaman)