Tamil NaduInfosys Q1 Result 2022 Infosys up 3.2% in profit to Rs 5,360...

Infosys Q1 Result 2022 Infosys up 3.2% in profit to Rs 5,360 crore, revenue up 23.6%

Infosys Q1 Result 2022: Infosys Ltd., the country’s second largest IT services company. Ltd. reported a consolidated profit of Rs 5,360 crore, a year-on-yeargrowth of 3.2 per cent for the quarter ended June 2022, as against Rs 5,195 crore in the corresponding quarter last year.

However, profit declined by 5.7 per cent on a quarterly basis to Rs 5,686 crore during the January-March 2022 quarter.

Consolidated revenue up 23%

In the April-June 2022 quarter, the consolidated revenue of the country’s second largest IT company grew by 23.6 per cent to Rs 34,470 crore. At the same time, in the same quarter last year, this figure was Rs 27,896 crore.

These 10 shares ran the most on the basis of news, know who earned how much last week The company’s revenue grew by 6.8 per cent on a quarterly basis, which stood at Rs 32,276 crore during January-March 2022.

Infosys’ revenue grew from all business verticals. However, supply challenges persisted and the company’s margins were hit by higher travel costs. The company raised its margin guidance for FY23 from 21 per cent to 23 per cent.

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