Infosys Q3 Results: Net profit climbs 17%, FY21 revenue guidance raised
Infosys Q3 Results: Net profit climbs 17%, FY21 revenue guidance raised
Infosys has reported a nearly 17 per cent year-on-year rise in net profit in the December quarter. The company has also raised its revenue and operating margin guidance for FY21.
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UPDATED: January 13, 2021 17:24 IST
Infosys announced that it has signed large deals worth $7.13 billion and added that digital revenues have crossed 50 per cent of the total revenue during the quarter. (Photo: Reuters)
IT major Infosys on Wednesday reported a year-on-year rise of 16.6 per cent in net profit to Rs 5,197 crore in the third quarter, with gross revenues increasing to Rs 25,927 crore. The third-quarter performance of the company has proved to be better than what most analysts had predicted.