Infosys net up 13 per cent in first quarter

Infosys-Q1-net-profitBengaluru, (IANS) Global software major Infosys on Friday reported Rs 3,436 crore consolidated net profit for first quarter (April-June) of this fiscal (2016-17), a 13.4 per cent annual growth.

In a regulatory filing to BSE, the IT major said consolidated revenue for the quarter (Q1) grew 16.9 per cent year-on-year (YoY) to Rs 16,782 crore, as per the Indian accounting standard.

Under the International Financial Reporting Standard (IFRS), net income rose 7.4 per cent YoY to $ 511 million and gross revenue 10.9 per cent YoY to $ 2,501 million ($2.5 billion).

Medaram Jathara

Connect with us



© 2012 - 2016 VIL Media Pvt Ltd. All rights reserved,
Contents of v6news.tv are copyright protected.Copy and/or reproduction and/or re-use of contents or any part thereof,
without consent of VIL Media is illegal.Such persons will be prosecuted.