Friday, 13 January 2017

Infosys net up 7% in Q3-The Total Investment & Insurance Solutions

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13 January 2017

Global software major Infosys Ltd on Friday reported a net profit of Rs3,708 crore for the third quarter (October-December) of fiscal 2016-17, registering 7% year-on-year (YoY) growth. The Total Investment & Insurance Solutions


In a regulatory filing to the BSE, the IT firm said revenue for the quarter under review (Q3) rose 8.6% YoY to Rs 17,273 crore, as per the Indian accounting standard. The Total Investment & Insurance Solutions


Under the International Financial Reporting Standard (IFRS), net income grew 4.4% YoY to $547 million and gross revenue 6% YoY to $2,551 million for Q3.The Total Investment & Insurance Solutions

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