Infosys' will host a press conference at 4:30 pm IST and a 60-minute conference call at 6:30 pm, where its senior management will discuss company's performance and answer questions from participants.
Infosys Ltd on Wednesday reported a near 12% rise in December-quarter profit, on strong demand for its software services from global businesses transforming their digital infrastructure.
Infosys Q3 results: Net profit rises 17% to Rs 5,197 crore
Top Searches
Infosys Q3 results: Net profit rises 17% to Rs 5,197 crore
TIMESOFINDIA.COM / Jan 13, 2021, 16:50 IST
FacebookTwitterLinkedinEMail
(File photo)
NEW DELHI: The country s second largest IT services firm Infosys on Wednesday reported nearly 17 per cent growth in its consolidated net profit for the third quarter ended December 31, 2020 (Q3).
The company posted a net profit of Rs 5,197 crore for the period under review as against a profit of Rs 4,466 crore.
Its revenue grew 12.3 per cent to Rs 25,927 crore in the quarter under review from Rs 23,092 crore in the corresponding period last fiscal.
Infosys has increased its FY21 revenue growth guidance to 4.5-5 per cent in constant currency terms.
NEW DELHI:
Infosys on Wednesday reported a 16.8 per cent YoY rise in consolidated net profit for December quarter at Rs 5,215 crore. In the same quarter last year, it reported a profit of Rs 4,466 crore.
Gross revenue for the quarter rose 12.3 per cent YoY to Rs 25,927 crore. It was up 5.5 per cent on a sequential basis. In constant currency terms, revenue growth was 6.6 per cent.
The company said its Q3 operating margin stood at 25.4 per cent, an increase of 350 bps over the same period last year.
The IT major also raised revenue and margin guidance band to 4.5-5 per cent, and 24-24.5 per cent, respectively, on the back of continued strong performance.