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Infosys Ltd Q3FY24; 7% fall 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 Q3FY24 of ₹38,821.00 Crores up from ₹38,318.00 Crore year on year, a rise of 1.31%.

Total Expenses for Q3FY24 of ₹30,991.00 Crores up from ₹30,156.00 Crores year on year, a rise of 2.77%.

Consolidated Net Profit of ₹6,113.00 Crores down 7.18% from ₹6,586.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.71, down 6.31% from ₹15.70 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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