Friday, 15 July 2016

Infosys net up 13% in first quarter-The Total Investment & Insurance Solutions

Contact Your Financial Adviser MONEY MAKING MC
15  July 2016 

Global software major Infosys on Friday reported Rs3,436 crore consolidated net profit for first quarter (April-June) of this fiscal (2016-17), a 13.4% annual growth. The Total Investment & Insurance Solutions


In a regulatory filing to BSE, the IT major said consolidated revenue for the quarter (Q1) grew 16.9% year-on-year (YoY) to Rs16,782 crore, as per the Indian accounting standard. The Total Investment & Insurance Solutions


Under the International Financial Reporting Standard (IFRS), net income rose 7.4% YoY to $ 511 million and gross revenue 10.9% YoY to $2,501 million ($2.5 billion). The Total Investment & Insurance Solutions

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