Wednesday 12th, December 2018
canara news

Infosys net dips 28% sequentially in Q4

Published On : 14 Apr 2018


Bengaluru, (IANS) Software major Infosys Ltd on Friday reported 28.1 per cent sequential decline in consolidated net profit, in rupee terms, to Rs 3,690 crore for the fourth quarter of 2017-18.

In a regulatory filing on the BSE, the city-based IT firm said consolidated revenue for the quarter under review was up 1.6 per cent sequentially to Rs 18,083 crore in rupee terms.

On a yearly basis, net profit, however, grew 2.4 per cent and revenue 5.6 per cent in rupee terms.

Under the International Financial Reporting Standards, in dollar terms, consolidated net income declined 28.1 per cent sequentially to $571 million but gross income was up 1.8 per cent sequentially to $2,805 million.

On yearly basis, net income, however, grew 5.3 per cent and gross income grew 9.2 per cent.







More News

Sensex, Nifty fall 1% as crude oil prices surge
Sensex, Nifty fall 1% as crude oil prices surge
Aamir Khan calls 'Thugs of Hindostan' role one of his toughest
Aamir Khan calls 'Thugs of Hindostan' role one of his toughest
Fuel prices continue to fall as global crude rates ease
Fuel prices continue to fall as global crude rates ease

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.