01-12-2022 04:28 PM | Source: Reuters
India's Infosys profit rises 12% as digital push boosts demand
India's Infosys Ltd on Wednesday reported a near 12% rise in December-quarter profit, on strong demand for its software services from global businesses transforming their digital infrastructure.
The Bengaluru-based company's consolidated net profit climbed to 58.09 billion Indian rupees ($786.06 million), from 51.97 billion rupees a year earlier.
Revenue from operations at the country's second biggest software services firm by revenue rose to 318.67 billion rupees.
($1 = 73.9000 Indian rupees)
Latest News
SBFC Finance Soars in Q4FY24, Ending Year on a High
Kiya.ai Strengthens Its Global Footprint in the Phil...
Coming Week's Market Report by Alex Volkov, Market A...
India Strategy : Where Money Flows - Mar 2024 by Yes...
Nifty, Bank Nifty and Stocks to watch out 27.04.2024...
FPI selling in equity markets getting absorbed by do...
India set to sign trade deal with Oman to expand its...
India Yes Bank posts Q4 profit beat on lower provisions
Reduce Dr Reddys? Ltd For Target Rs.1,808 - Yes Secu...
Buy Restaurant Brands Asia Ltd For Target Rs.140 -...