Infosys Q1 Results: IT giant Infosys has announced the results for the first quarter. On an annual basis, the net profit stood at Rs 5945 crore with a jump of about 11 per cent.
Infosys Q1 results: Infosys, the country’s second largest company in the IT sector, has announced the results for the April-June quarter. CC revenue growth was 4.2 percent on an annual basis, while it was 1 percent on a quarterly basis. The operating margin stood at 20.8 percent. EPS registered a growth of 12.4 percent on an annual basis. The large deal was worth $2.3 billion. The net profit of the company was Rs 5945 crore. However, the market estimate was higher.
Net profit Rs 5945 crore
According to the information available on BSE, the net profit of the company stood at Rs 5945 crore. On an annual basis, it registered a growth of 10.9 per cent. A year ago it was Rs 5362 crore. An annual increase of 10 percent was recorded in the revenue and it stood at Rs 37933 crore.
Operating profit margin stood at 20.8 percent
There was a 14.4 percent increase in gross profit and it stood at Rs 11551 crore. Operating profit stood at Rs 7891 crore with a jump of 14.1 per cent. Operating margin increased from 20.1 percent to 20.8 percent. EPS i.e. on earnings, the share increased from Rs 12.78 to Rs 14.37.
