Infosys Q3 net profit up at Rs Rs 4,466 cr

BANGALURU:

Global software major Infosys on Friday reported Rs 4,466 crore consolidated net profit for the third quarter (October-December) of fiscal 2019-20, registering 10.6 per cent annual growth from Rs 4,036 crore in the same period a year ago.

In a regulatory filing on the BSE, the IT behemoth said consolidated revenue for the quarter (Q3) under review, however, grew 2 per cent annually to Rs 23,092 crore from Rs 22,629 crore in the same period a year ago.

Under the International Financial Reporting Standards (IFRS), consolidated net income increased 9.6 per cent year-on-year (YoY) to $627 million for the quarter from $572 million in the same period a year ago.

Consolidated revenue under IFRS for the quarter grew marginally 1 per cent to $3,243 million from $ 3,210 million a year ago.