Latest Markets Business BEEPS Earnings Personal Finance

Infosys Q3 Profit Rises By $808 Million, Beats Estimates

Reuters
Analysts on average had expected a profit of 65 billion rupees, according to Refinitiv IBES data.(File)

Indian software services company Infosys reported a quarterly profit that beat estimates on Thursday, helped by a strong deal pipeline despite a challenging macro environment.

Indian software services company Infosys reported a quarterly profit that beat estimates on Thursday, helped by a strong deal pipeline despite a challenging macro environment.

Consolidated net profit at the country's No.2 IT services firm by revenue rose to 65.86 billion rupees ($808 million) in the three months to Dec. 31, from 58.09 billion rupees a year ago.

Analysts on average had expected a profit of 65 billion rupees, according to Refinitiv IBES data. 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

lock-gif
Register for Free
to continue reading
Sign Up with Google
OR
Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Beeps Img

China’s Xi Offers Backing For Myanmar’s SCO Membership Bid

  • chevron-double-right China's President Jinping pledged support for Myanmar's full SCO membership during talks with Min Aung Hlaing
  • chevron-double-right They discussed opposing foreign interference and promoting Myanmar's stability and peace
  • chevron-double-right Key topics included trade, peace process, Belt and Road projects, and Myanmar Economic Corridor
More Beeps chevron-right

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
Tata Capital To Float $2 Billion IPO In Sept Last Week; Eyes $11 Billion Valuation
2
India Suspends All Mail Bookings To US
3
PM Modi In China LIVE: Modi Invites China's President Xi Jingping To BRICS Summit In 2026
4
Xi, Modi Pledge To Rebuild Ties As US Trade War Adds Pressure
5
Repurposed Anti-Cholesterol Drug Statin Can Stymie Cancer, Help Support Treatment, Say Researchers