Business Standard

Wednesday, December 25, 2024 | 12:44 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Infosys net up 6.4% for fiscal 2016-17

Image

IANS Bengaluru

Global software major Infosys Ltd has posted Rs 14,353 crore consolidated net profit for the fiscal 2016-17, registering 6.4 per cent annual growth from Rs 13,491 crore in the fiscal 2015-16.

In a regulatory filing to the BSE on Thursday, the IT major said consolidated revenue for the fiscal under review (FY 2017) increased 9.7 per cent Year-on-Year (YoY) to Rs 68,484 crore from Rs 62,441 crore in the previous fiscal (FY 2016).

Under the International Financial Reporting Standard (IFRS), consolidated net income grew 4.3 per cent YoY to $2,140 million from $2,052 million, while revenue increased 7.4 per cent YoY to $10,208 million from $9,501 million in FY 2016.

 

--IANS

fb/in

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 13 2017 | 11:00 AM IST

Explore News