Infosys Q3 Profit Rises 12% To Rs 5,809 Crore As Digital Push Boosts Demand

Infosys Q3 Profit Rises 12% To Rs 5,809 Crore As Digital Push Boosts Demand

Infosys’ revenue from operations rose to Rs 31,867 crore.

Bengaluru:

Infosys Ltd on Wednesday reported nearly 12 per cent rise in December-quarter profit, on strong demand for its software services from global businesses transforming their digital infrastructure.

The Bengaluru-based company’s consolidated net profit for the third quarter (Q3) climbed to Rs 5,809 crore ($786.06 million), from Rs 5,197 crore a year earlier.

Revenue from operations at the country’s second biggest software services firm by revenue rose to Rs 31,867 crore.

Further, Infosys raised the FY22 (2021-22) revenue growth outlook to 19.5-20 per cent from the previous guidance of 16.5-17.5 per cent.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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