Technology
India's Infosys posts 17.5pc fourth-quarter profit jump
- Bengaluru-based Infosys said its consolidated net profit climbed to 50.76 billion Indian rupees ($675.39 million) in the three months to March 31, from 43.21 billion rupees a year earlier.
- Revenue for the quarter rose to 263.11 billion rupees from 232.67 billion rupees.
BENGALURU: Indian software services company Infosys posted a 17.5% jump in quarterly net profit on Wednesday, lifted by large contract wins as the COVID-19 pandemic drove digitisation efforts in multiple sectors.
Bengaluru-based Infosys said its consolidated net profit climbed to 50.76 billion Indian rupees ($675.39 million) in the three months to March 31, from 43.21 billion rupees a year earlier.
Revenue for the quarter rose to 263.11 billion rupees from 232.67 billion rupees.
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