Infosys Q4 net profit : Net profit rises to Rs 3,603 crore for FY16-17

Infosys Q4 net profit : Net profit rises to Rs 3,603 crore for FY16-17

Bengaluru: Software major Infosys has posted a Rs 3,603 crore consolidated net profit for the fourth quarter (January-March) of fiscal 2016-17, registering flat (0.2%) year-on-year (YoY) growth from Rs 3,597 crore year ago.

Sequentially, however, net profit has declined 2.8% from Rs 3,708 crore posted in the third quarter (October-December) of FY 2017.

In a regulatory filing to the BSE on Thursday, the IT major said consolidated revenue for the quarter under review (Q4) increased 3.4% YoY to Rs 17,120 crore from Rs 16,550 crore in the same period year ago but flat sequentially (0.9%) from Rs 17,273 crore quarter ago.