Social News XYZ     

Infosys posts Rs 6,586 crore net for Q3

Infosys posts Rs 6,586 crore net for Q3

Chennai, Jan 12 (SocialNews.XYZ) Software major Infosys Ltd closed its third quarter with a higher net profit of Rs.6,586 crore.

In a regulatory filing, it said it had closed quarter ended December 31, 2022 with a revenue of Rs 38,318 crore (Rs 31,867 crore in Q3FY22) and a net profit of Rs 6,586 crore (Rs 5,822 crore).


The company also said it is closing down its Moscow branch.

During the quarter under review, Infosys' revenues from energy, utilities, resources and services and manufacturing verticals showed an increase over corresponding period previous year.

On the other hand, revenues from verticals like financial services, retail, communication, life sciences and others showed a de-growth as compared to the third quarter of FY22.

According to Infosys, its headcount at the end of December 31, 2022 stood at 346,845 up from 292,067 at the end of December 31, 2021.

Source: IANS

Facebook Comments
Infosys posts Rs 6,586 crore net for Q3

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at

%d bloggers like this: