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What is Infosys FY2016 Net Profit Overview about?

1) Infosys reported revenues of 16,782 crore for the quarter ended June 30, 2016, up 16.9% year-over-year. Net profit was 3,436 crore, up 13.4% from the prior year. 2) On a sequential basis, revenues grew 1.4% while net profit declined 4.5% from the previous quarter ended March 31, 2016. 3) As of June 30, 2016, Infosys had cash and cash equivalents of 31,050 crore and total assets of 76,419 crore.

Author

ashokdb2k

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EN