NewsBytes
    Hindi
    More
    In the news
    Mukesh Ambani
    WhatsApp
    Reliance Jio
    OPPO
    Vivo
    Sensex
    Bitcoin
    NewsBytes
    Hindi
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / Business News / Infosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr
    Business

    Infosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr

    Infosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr
    Written by Athik Saleh
    Jan 13, 2023, 02:43 pm 2 min read
    Infosys Q3 results: Profit increases 13% year-over-year to Rs. 6,586cr
    Infosys' EPS jumps by from Rs. 13.86 year-over-year to Rs. 15.72

    Infosys has announced its financial results for the current fiscal year's third quarter. The company's consolidated net profit saw a 12.68% increase year-on-year to Rs. 6,586 crore in the quarter that ended December 31, 2022. Last year in the same quarter, the IT and software firm recorded a profit of Rs. 5,822 crore.

    The company recorded income of Rs. 39,087 crore in Q3

    Infosys recorded a total income of Rs. 39,087 crore, including Rs. 38,318 crore from net sales and Rs. 769 crore from other incomes. The consolidated income is Rs. 1,965 crore more than the previous quarter and Rs. 6,708 crore more than the same period last year. The Q3 expenditure was Rs. 30,156 crore, which included Rs. 20,272 crore for employee benefits.

    EBITDA is up by 13.3% from last December

    Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a good indicator of a company's financial performance and is used to compare profitability among companies. In December 2022, Infosys' EBITDA was calculated at Rs. 12,481 crore, a 13.3% jump from Rs. 11,016 crore year-over-year.

    EPS has improved compared to last year

    Another metric that measures a company's profitability is earnings per share (EPS), which is determined by dividing net income by outstanding shares of its common stock. In this quarter, Infosys' EPS has climbed to Rs. 15.72 from Rs. 13.86 year-over-year. In the previous quarter of the current financial year, the EPS stood at Rs. 14.35.

    How has the stock performed over the last year?

    Infosys hit its 52-week high of Rs. 1,953.70 on January 17, 2022, and a 52-week low of Rs. 1,355.50 on September 26, 2022. Yesterday, the stock closed 35.90 points higher at Rs. 1,516.45 a piece. Last month, it returned -1.94%, and over the last 12 months, it had a return of -21.7%.

    A look at Infosys' key Trailing 12 Months metrics

    Trailing 12 months (TTM) is a financial term that refers to the company's data from the past 12 consecutive months. TTM values are produced for a variety of metrics. Looking at Infosys' data, its EPS (TTM) is 53.57, Price Earnings (PE) is 27.64, Price to Book Value (PB) is 8.46, and Return on Equity (ROE) is 30.6.

    How has Infosys performed in comparison to its peers?

    In Q3 2022, while TCS made a total income of Rs. 49,275 crore and profit after tax (PAT) of Rs. 10,659 crore, Infosys recorded a total income of Rs. 32,389 crore and PAT of Rs. 6,210 crore. In Q2, income of Wipro and HCL was Rs. 16,941.8 crore and Rs. 11,424 crore, respectively. Their PAT was Rs. 2,282.9 crore and Rs. 2,741 crore, respectively.

    Share this timeline
    Facebook
    Whatsapp
    Twitter
    Linkedin
    Latest
    Infosys
    Wipro
    Tata Consultancy Services (TCS)

    Latest

    iQOO 11 v/s OnePlus 11: Which one offers more value? iQOO 11
    5 ways to teach your children true sportsmanship Children
    #NewsBytesExplainer: Understanding filmmaker Rohit Shetty's successful cop universe Rohit Shetty
    You must try these life changing lasagna recipes Food

    Infosys

    Infosys' next chairman will be a non-founding member: Nandan Nilekani Nandan Nilekani
    Freshers left in lurch as Wipro, Tech Mahindra delay onboarding Wipro
    Wipro fires 300 employees for moonlighting for rivals, violating integrity Wipro
    Sensex falls by 224 points, Nifty holds around 18,000 mark Sensex

    Wipro

    HCL Q3 results: Profit rises 19% year-over-year to Rs. 4,096cr HCL
    Bengaluru floods: Wipro, Prestige, Eco Space among high-profile encroachers' list Karnataka
    WFH ends; What Cognizant, TCS, HCL, and others have planned Cognizant
    Sensex, Nifty hit record highs as markets welcome vaccine news Pfizer

    Tata Consultancy Services (TCS)

    Mukesh Ambani-led Reliance Industries is India's most valuable company Reliance Industries
    Work-from-home ends for TCSers? Employees to return to offices today COVID-19
    In a first, Sensex crosses 48,000-mark, Nifty soars past 14,000 Infosys
    Nissan Magnite SUV launched in India at Rs. 5 lakh Nissan

    Love Business News?

    Subscribe to stay updated.

    Business Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023