Infosys Q3: Infosys profit up 11% to Rs 4457 crore, revenue guidance up 10-10.5%
Infy Q3 Result: In the third quarter of FY 2020, Infosys' profit grew by 11 percent to Rs 4457 crore on a quarterly basis.
Infosys Q2: In the third quarter of FY 2020, the profitability of IT company Infosys increased by 11 % on a quarterly basis. During this time the company has made a profit of Rs 4457 crore. The company's profit in the September quarter was Rs 4019 crore. At the same time, on an annual basis, Infosys' profit has increased by about 24 percent. The company had a profit of Rs 3609 crore in the same period a year ago. During this period, the vibration has increased the revenue growth guidance to 10-10.5 percent.
Revenue growth guidance 10-10.5%
Infosys has increased its revenue growth guidance to 9-10 %for FY 2020. The company kept revenue growth guidance at 9-10 %in the September quarter, compared to 8.5-10 % in the June quarter. Infosys retains EBIT operating margin guidance range of 21-23 %.
2% growth in revenue
Revenue in the rupee terms has increased by about 2 % on a quarterly basis to Rs 230932 crore. Whereas in the September quarter it was Rs 22629 crore. It has also grown on an annual basis. Infosys' revenue was Rs 21,400 crore in the year-ago period.
Operating margin 21.9 percent
Infosys' operating margin for the December quarter has been 21.90 %. Whereas it was 22.60% in the same period a year ago. Operating profit increased to 5064 crores from Rs 4830 crore in the year-ago period.
Digital growth
The digital growth of Infosys has been 40.8 percent on an annual basis. Constant currency growth has been 9.5%on an annual basis. Whereas 1% on a quarterly basis. During this time, the company received new orders of $ 180 million.
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