Infosys Q3 Net Profit Rises 7%, Beats Estimates
Infosys Q3 Net Profit Rises 7%, Beats Estimates
Infosys posted a quarterly net profit of 37.08 billion rupees ($544.03 million), compared with 34.65 billion rupees a year earlier.

India's second-biggest software services exporter Infosys Ltd (INFY.NS) reported on Friday a 7 per cent rise in third-quarter net profit on new client wins, beating street estimates.

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Infosys posted a quarterly net profit of Rs 37.08 billion 544.03 million), compared with Rs 34.65 billion a year earlier. Revenue rose 8.6 percent to Rs 172.73 billion.Read more: Bose SoundTouch 300, LifeStyle 600, 650 Home Entertainment Systems Arrive in India

Analysts, on average, expected a profit of 35.44 billion rupees on revenue of Rs 173.01 billion, according to Thomson Reuters data.

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