New Delhi, July 13
IT bellwether Infosys on Friday reported a consolidated net profit of Rs 3,612 crore in the first quarter of the current fiscal. It had posted a net profit of Rs 3,690 crore for the quarter ended March 31, 2018 on revenue of Rs 18,083 crore.
The company’s Board also approved a bonus issue of one equity share for every equity share held.
The company’s revenue from operations rose to Rs 19,128 crore, up 12% on a year-on-year basis and 5.8% on sequential basis. In terms of dollar revenues, it reported revenue of $2,831 million for the quarter. — Agencies
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