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Infosys Ltd Q2FY24; 3% rise in Profits

Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS.

Financial Results:

  • Infosys Ltd reported Revenues for Q2FY24 of ₹38,994.00 Crores up from ₹36,538.00 Crore year on year, a rise of 6.72%.
  • Total Expenses for Q2FY24 of ₹30,858.00 Crores up from ₹28,731.00 Crores year on year, a rise of 7.4%.
  • Consolidated Net Profit of ₹6,215.00 Crores up 3.14% from ₹6,026.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹14.97, up 4.61% from ₹14.31 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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