New Delhi: Infosys software service company on Wednesday reported 11.77 percent surged in the third-quarter consolidation net income (Q3) which ended December 31, 2021.
Bengaluru-based company posted a net profit of Rs 5,809 Crore, up 11.77 Percent of RS 5,197 Crore posted in the same period last year.
In terms of a quarter growth in the quarter, Infosys posted 7.15 percent of the increase in net income.
The company has posted a net profit of Rs 5,421 Crore in the previous quarter which ended September 30, 2021.
Infosys income jumped 22.9 percent to Rs 31,867 Crore in the quarter ended December 2021 from Rs 25,927 Crore in the year to year period.
IT companies say that the growth is remained broad-based and the momentum of a strong agreement, with digital transformation quickly scaling in all verticals and regions.
The operating margin for this quarter remained healthy at 23.5 percent, with conversion of free cash flow at 92.6 percent.
The big signing for the quarter is $ 2.53 billion, almost 18 percent higher than Q2, the company said.
Chief Executive Officer (CEO) and Managing Director (MD) Infosys Salil Parekh said: “Our strong performance and market share profits are proof of enormous belief in us in us to help them in their digital transformation.
This comes from four For many sustainable strategic focus on the field of relevance for our clients in digital and cloud, sustainable for our skills, and deep trust relationships that are owned by our clients to us.
“Infosys expect revenue growth of 19.5 percent to 20 percent on the base of the eye Constant money for financial years until March, compared with a growth of 16.5 percent-17.5 percent predicted in October.
The level of voluntary friction for IT services the company jumped to a period of 25.5 percent for this period against 11 percent a year ago.
Infosys shares closed 1.16 percent higher at Rs 1,877.6 at BSE, while completed at Rs 1,875.8 at NSE.
Infosys Q3 net income rose 11.7%; Revenue up 23%
