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Infosys reports 30% fall in Q3 consolidated net profit

Infosys reports 30% fall in Q3 consolidated net profit

Infosys has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 41.69% in its net profit at Rs 3,501 crore for the quarter under review as compared to Rs 6,004 crore for the same quarter in the previous year. However, total income of the company increased by 12.23% at Rs 19,575 crore for Q3FY19 as compared Rs 17,442 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 29.64% in its net profit at Rs 3,609 crore for the quarter under review as compared to Rs 5,129 crore for the same quarter in the previous year. However, total income of the company increased by 18.11% at Rs 22,153 crore for Q3FY19 as compared Rs 18,756 crore for the corresponding quarter previous year.

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