Infosys net up 6.6 percent in third quarter

Bengaluru, Jan 14 (IANS) Global software major Infosys Ltd has posted Rs.3,465 crore net profit for third quarter (Oct-Dec) of fiscal (2015-16), registering 6.6 percent year-on-year (YoY) growth, as per the Indian accounting standard.

In a regulatory filing at the Bombay Stock Exchange on Thursday, the city-based IT bellwether said its consolidated revenue grew 15.3 percent YoY to Rs.15,902 crore for the quarter under review (Q3).

Under the International Financial Reporting Standard (IFRS), net income, however, was fractional (0.4 percent) up YoY to $524 million but gross income (revenue) grew 8.5 percent YoY to $2.41 billion.

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 or any employee thereof. 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 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 Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here