Infosys net up 6.1% in 2nd quarter

Infosys net up 6.1% in 2nd quarter

Bengaluru, Oct 14 (IANS) 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.

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.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here