Business Standard

Infosys Q3

Street cheers Infosys Q3 nos, audit all-clear; experts see up to 22% upside

On Friday, the IT bellwether said that its audit committee found no evidence of financial impropriety or executive misconduct by the company

Street cheers Infosys Q3 nos, audit all-clear; experts see up to 22% upside
Updated On : 13 Jan 2020 | 10:46 AM IST

Infosys Q3 profit up 23% YoY; Co raises FY20 revenue guidance to 10-10.5%

Earnings per share (EPS) of the company came in at Rs 10.51, an increase of 26.6% YoY and 11.2% QoQ.

Infosys Q3 profit up 23% YoY; Co raises FY20 revenue guidance to 10-10.5%
Updated On : 10 Jan 2020 | 6:05 PM IST

Infosys shares hit three-month high; gain 6% in two days post Q3 numbers

Infosys was up 4% at Rs 727 on Tuesday, trading at its highest level since October 8, 2018, on BSE and less than 4% away from its all-time high price of Rs 755 touched on October 1, 2018.

Infosys shares hit three-month high; gain 6% in two days post Q3 numbers
Updated On : 15 Jan 2019 | 11:35 AM IST

Infosys rallies on better-than-expected Q3 earnings

Infosys has rallied almost 12% to Rs 2,600 after reporting a better-than-expected consolidated net profit of Rs 2,369 crore for the third quarter ended December 2012 (Q3) against analyst expectation of Rs 2,228 crore.

Image
Updated On : 05 Sep 2018 | 2:31 PM IST

Q3 performance: Financial services visibility key positive for Infosys

Firm upbeat about vertical's FY19 prospects as compared to TCS

Q3 performance: Financial services visibility key positive for Infosys
Updated On : 13 Jan 2018 | 1:27 AM IST

New Infosys CEO Salil Parekh starts stint with in-line Q3 numbers

Infosys Technologies met Street expectations by reporting 38.3 per cent year-on-year growth in third quarter profits to Rs 51.29 billion, aided by a one-time gain from a US tax reversal. Revenues of the Bengaluru-headquartered company at Rs 177.9 billion grew 6.5 per cent, on the back of improved staff utilisation and higher growth from digital deals, in a traditionally weak quarter ending December 31. On Wednesday, the firm reported a one-time gain of Rs 14.32 billion due to tax reversals after it signed an Advance Pricing Agreement (APA) with the US Internal Revenue Service (IRS), which reflected in the rise in profit. Revenue in dollar terms grew 0.8 per cent over the previous quarter, slower than larger peer Tata Consultancy Services in the same period, which grew 1.3 per cent.Co-founder Nandan Nilekani set the tone for Salil S Parekh, who took over as managing director and chief executive (second non-founder in the top post) on January 2, saying stability had returned to the ...

New Infosys CEO Salil Parekh starts stint with in-line Q3 numbers
Updated On : 13 Jan 2018 | 1:09 AM IST

Infosys Q3 net profit rises 37.6% to Rs 51.29 billion

On sequential terms, revenue rose 1.3% to Rs 177.94 bn; keeps FY18 revenue growth forecast at 5.5-6.5%

Infosys Q3 net profit rises 37.6% to Rs 51.29 billion
Updated On : 12 Jan 2018 | 4:40 PM IST

Infosys Q3 results today: Earnings may be tepid but guidance to be in focus

After new CEO Salil Parekh took charge on Jan 2, the company's revenue guidance and software strategy under the new leadership will be keenly watched today

Infosys Q3 results today: Earnings may be tepid but guidance to be in focus
Updated On : 12 Jan 2018 | 8:35 AM IST