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Infosys reports 7% fall in Q3 consolidated net profit

11 Jan 2024 Evaluate

Infosys has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 5.51% rise in its net profit at Rs 6,552 crore for the quarter ended December 31, 2023 as compared to Rs 6,210 crore for the same quarter in the previous year. Total income of the company increased by 1.51% at Rs 34,073 crore for Q3FY24 as compared Rs 33,566 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.18% fall in net profit at Rs 6,113  crore for Q3FY24 as compared to Rs 6,586 crore for the same quarter in the previous year. However, total income of the company increased by 1.34% at Rs 39,610 crore for Q3FY24 as compared Rs 39,087 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2250.00
Infosys 1076.00
HCL Technologies 1255.00
Wipro 169.85
Tech Mahindra 1575.00
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