![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-415x275.jpg)
Infosys Q3 net profit rises 13.4 pc at Rs 6,586 crore
PTI, Jan 12, 2023, 4:41 PM IST
![](https://www.udayavani.com/wp-content/uploads/2023/01/infy-620x413.jpg)
PTI photo
Infosys on Thursday posted a 13.4 per cent year-on-year increase in consolidated net profit at Rs 6,586 crore for the December quarter and the IT major raised its full year revenue guidance to 16-16.5 per cent.
The net profit (after minority interest) stood at Rs 5,809 crore in the third quarter of FY22.
The Bengaluru-based IT firm logged a 20 per cent year-on-year increase in consolidated revenue in the third quarter of the current fiscal at Rs 38,318 crore. It also raised full year revenue guidance to 16-16.5 per cent against the previously projected band of 15-16 per cent.
The results beat street estimates on both profit and revenue.
”Year-on-year growth was in double digits for most business segments and geographical regions in constant currency terms,” Infosys said in a statement. Infosys CEO and MD Salil Parekh said the company continues to gain market share as a trusted transformation and operational partner for clients, as reflected in the large deals momentum.
”Our revenue growth was strong in the quarter, with both digital business and core services growing. This is a clear reflection of our deep client relevance, industry-leading digital, cloud, and automation capabilities, and the unrelenting dedication of our employees,” he said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/09/byju-150x84.png)
Byju’s auditor suggested backdating reports; resignation more of optics: Byju Raveendran
![](https://www.udayavani.com/wp-content/uploads/2024/09/Screenshot_2024-09-07-13-22-54-00_40deb401b9ffe8e1df2f1cc5ba480b12-125x115.jpg)
Wockhardt denies allegations of rent payment by Carol Info, its connection with SEBI orders
![](https://www.udayavani.com/wp-content/uploads/2024/09/House-sold-Pexels-150x100.jpg)
Bengaluru sees 19% hike in home sales: Report
![](https://www.udayavani.com/wp-content/uploads/2024/09/BSE_pti-1-150x84.jpg)
Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends
![](https://www.udayavani.com/wp-content/uploads/2024/09/adaniG-150x84.jpg)
Mumbai college rejected him, Adani built $220 billion empire; delivers lecture at same college
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/09/Ganesh-Chaturthi-150x105.jpg)
Karnataka ushers in Ganesh Chaturthi with its customary fervour; political tussle over govt’s order
![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-150x99.jpg)
Pakistan Army Chief acknowledges role of Pak army in Kargil war
![](https://www.udayavani.com/wp-content/uploads/2024/09/Infant-1-150x100.jpg)
Kushinagar: Man forced to ‘sell’ son for hospital fee, 5 arrested
![](https://www.udayavani.com/wp-content/uploads/2024/09/CBI-rep-agencies-1-150x113.jpg)
Ex-RG Kar hospital principal had criminal nexus with co-accused for wrongful gains: CBI
![](https://www.udayavani.com/wp-content/uploads/2024/09/rains-rep-PTI-150x84.jpg)
29 dead in Telangana due to heavy rains, floods
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.