largest software services company Infosys Limited in its Q-3 announcements that
made after market hours Friday showed a fall in its consolidated net profit by
29.62 percent at Rs 3,610 crore for the quarter-Dec, as against Rs 5,129 crore profit which had
reported in the year-ago period. Consolidated income from operations figured at
Rs 21400 cr v/s Rs 17794 cr a year ago, TCS said in the stock exchange filing.
a sequential basis, sales clocked a growth of 3.8 percent in rupee terms. Sales
increased 2.7 percent for quarter-on-quarter in constant currency terms, while
net sales for the quarter surged 20.3 percent to Rs 21400 cr, year-on-year.
the IT giant declared a special dividend of Rs. 4 per share and also
announced a share buyback proposal under open
market route of upto Rs8260 cr for Rs 800 share apiece.
share price closed at Rs. 684.35 higher by 0.68 percent in the subsided market