Infosys Q1 net profit grows 1.4% to reach Rs. 3,483 crore

Infosys Q1 2017 net profit has grown by 1.4% to reach Rs, 3,483 crore.

The company's operating profit was Rs. 4,111 crore for the quarter ended June 30, 2017 showing a QoQ decline of 2.4% and YoY growth of 1.6%.

Revenue for the quarter was Rs. 17,078 crore for the quarter ended June 30, 2017 showing a QoQ decline of 0.2% and YoY growth of 1.8%.

“Our persistent focus on execution in Q1 is reflected in broad-based performance on multiple fronts– revenue growth, resilient margins despite multiple headwinds, healthy cash generation and overall business results. I am encouraged by the uptick in revenue per employee for six quarters in a row, and the strong momentum in our new high growth services and software, as we accelerate our focus on innovation-led growth,” said Dr. Vishal Sikka, CEO....Read More

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