Infosys gains on reporting marginal rise in Q1 consolidated net profit

14 Jul 2017

Infosys is currently trading at Rs. 989.60, up by 13.30 points or 1.36% from its previous closing of Rs. 976.30 on the BSE.

The scrip opened at Rs. 1000.00 and has touched a high and low of Rs. 1006.65 and Rs. 983.05 respectively. So far 215050 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1195.05 on 14-Jul-2016 and a 52 week low of Rs. 900.30 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1006.65 and Rs. 940.00 respectively. The current market cap of the company is Rs. 227282.67 crore.

The promoters holding in the company stood at 12.75%, while Institutions and Non-Institutions held 58.62% and 11.94% respectively.

Infosys has reported 7.39% jump in its net profit at Rs 3,415 crore for the first quarter ended June 30, 2017, as compared to Rs 3,180 crore for the same quarter in the previous year. The total income of the company increased by 3.38% at Rs 15,694 crore for Q1FY18 as compared Rs 15,181 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 1.37% marginal rise in its net profit at Rs 3,483 crore for the quarter ended June 30, 2017 as compared to Rs 3,436 crore for the corresponding quarter in the FY17. Total consolidated income of the company rose 2.04% at Rs 17,892 crore for quarter under review as compared to Rs 17,535 crore for the same quarter in the previous year.

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