India's Infosys Q3 profit beats estimates
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
BENGALURU - 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. ($1 = 81.5250 Indian rupees)
