Infosys posts Rs 6,586 crore net for Q3


Chennai, Jan 12 (IANS): Software major Infosys Ltd closed its third quarter with a higher net profit of Rs.6,586 crore.

In a regulatory filing, it said it had closed quarter ended December 31, 2022 with a revenue of Rs 38,318 crore (Rs 31,867 crore in Q3FY22) and a net profit of Rs 6,586 crore (Rs 5,822 crore).

The company also said it is closing down its Moscow branch.

During the quarter under review, Infosys' revenues from energy, utilities, resources and services and manufacturing verticals showed an increase over corresponding period previous year.

On the other hand, revenues from verticals like financial services, retail, communication, life sciences and others showed a de-growth as compared to the third quarter of FY22.

According to Infosys, its headcount at the end of December 31, 2022 stood at 346,845 up from 292,067 at the end of December 31, 2021.

 

  

Top Stories


Leave a Comment

Title: Infosys posts Rs 6,586 crore net for Q3



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.