Latest News

  • Home
  • National
  • Infosys Q3 profit up 7 percentage to Rs 3,708 crore, revises revenue guidance
Infosys Q3 profit up 7 percentage to Rs 3,708 crore, revises revenue guidance
Friday, January 13, 2017 IST
Infosys Q3 profit up 7 percentage to Rs 3,708 crore, revises revenue guidance

Infosys Q3 profit up 7% to Rs 3,708 crore, revises revenue guidance

Bengaluru: Country's second-biggest programming firm Infosys today detailed a 7 percent development in its united net benefit at Rs 3,708 crore for the October-December quarter of the current financial.

The IT major reexamined its current monetary steady money income direction to 8.4-8.8 percent against 8-9 percent assessed prior.

The Bengaluru-headquartered association's net benefit remained at Rs 3,465 crore in the relating three months a year prior.

Its combined incomes in the second from last quarter rose 8.6 percent to Rs 17,273 crore from Rs 15,902 crore in the year-prior period, the organization said.

Responding to the outcomes, Infosys offers fell 0.61 percent in early morning exchange to Rs 993.95 each on BSE.

"Considering regular and other extra headwinds for the quarter, our Q3 income execution was extensively in accordance with our desires," Infosys CEO and MD Vishal Sikka said.

Infosys COO U B Pravin Rao said the organization's usage has stayed sound in a regularly delicate quarter.

"Our proceeded with endeavors to enhance representative engagement and experience brought about a lessening in whittling down. Amid the quarter, we included 77 customers furthermore included 2 customers in the USD 75mn or more income class," he included.

In addition, Infosys has delegated Ravikumar S as Deputy Chief Operating Officer, who will answer to Rao with prompt impact.

Notwithstanding his present obligation of heading the worldwide conveyance association, Ravikumar will supervise certain key business empowering capacities and will be situated in India, it said.

In dollar terms, Infosys posted a 4.4 percent bounce in net benefit to USD 547 million, while income was up 6 percent to USD 2.5 billion in the second from last quarter.

Amid the quarter, the organization paid between time profit including expense of Rs 3,029 crore.

Infosys' aggregate headcount toward the finish of December quarter remained at more than 1.99 lakh, down possibly from the September quarter.

Its fluid resources including money and money reciprocals, accessible available to be purchased budgetary resources and government securities were at Rs 35,697 crore as on December 31, 2016 when contrasted with Rs 35,640 crore as on September 30, 2016.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
Here is the full list of 827 porn websites banned by the DoT

While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content. ...

Recently posted . 64K views . 1 min read
 

 Article
Class XII Boys Raped 16-Year-old in Dehradun School After Watching Porn on Phone: Police

The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...

Recently posted . 9K views . 1 min read
 

 Article
Sept 27,2001 Rahul Gandhi and his girl friend Veronique,was arrested in Logan airport in Boston

Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million. Rahul and his girl friend was th...

Recently posted . 9K views . 7 min read
 

 Article
TOP 10 GYM EQUIPMENT BRANDS IN INDIA 2017

True – Tr...

Recently posted . 8K views . 83 min read
 

 
 

More in National

 Article
In Revamp, Draft Education Policy Does Away With 10+2 Model of Schooling, Brings in 5+3+3+4 Format

The reconfiguration has been proposed “to deliver the vision of education enunciated in this policy and to prepare our students optimally in the 21st Centur...

Recently posted. 544 views . 1 min read
 

 Article
Jan Dhan: Zero-balance accounts reduced to 20%; 30 crore families benefited in 3 years

  New Delhi: As many as 30 crore families have got bank accounts since the launch of India's biggest ever bank account opening drive, Jan ...

Recently posted. 1K views . 3 min read
 

 Article
Akhilesh Yadav Drops Plan to Enter Hotel Business, to Build Bungalow in VIP Area Instead

According to information, SP chief's wife Dimple Yadav had assured the court that a hotel would not be constructed on the site. Instead, a plan to construct a...

Recently posted. 747 views . 1 min read
 

 Reviews
Top CBSE schools in Noida



Recently posted . 3K views . 88 min read
 

 Reviews
Top 5 Bestseller Novels in India 2018



Recently posted . 3K views . 35 min read
 

 Article
GST on petrol, diesel: No relief as it won’t be pure GST; new tax structure on fuel may look like this

A peak tax rate of 28 percent plus states levying some amount of local sales tax or VAT on petrol and diesel is likely to be the tax structure when the two auto fue...

Recently posted. 837 views . 1 min read
 

 Article
Train tickets to become costly from today as Indian Railways hike base price

• The railways also announced a two paise/km hike in fares of mail/express non-AC trains and four paise/km hike in the fares of A...

Recently posted. 697 views . 2 min read
 

 
 
 

   Prashnavali

  Thought of the Day

Pleasure & pain are the two sides of coin in life. Only one side is visible at a time. But remember the other side is waiting for its turn.
Anonymous

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top