Infosys Q4 result: QoQ profit rises 3.9%. FY17 revenue rises 17% YoY

Software services major Infosys today reported a 3.9 percent Q on Q growth in consolidated net profit at Rs 3,597 crore for the quarter ended March 31, 2016.

Zee Media Bureau

New Delhi: Software services major Infosys today reported revenue for FY 16 at Rs 62,441 crore; growth of 17.1% over FY 15

Revenues for Q4 in dollar terms astood at $2,446 million,a YoY growth of 13.3% in reported terms and 15.0% in constant currency terms, and QoQ growth was 1.6% in reported terms and 1.9% in constant currency terms.

Net profit for Q4 was $533 million, which is QoQ growth of 1.7% and YoY growth of 7.0%. The company has announced EPS at $0.23; QoQ growth of 1.7% and YoY growth of 7.0%.In INR, the EPS at `15.74; QoQ growth of 3.8% and YoY growth of 16.2%.

Infosys expects revenue for 2016-17 to grow in the range of 11.5-13.5 percent in constant currency and 11.8-13.8 per cent in US dollar terms, in line with industry body Nasscom's estimate of 10-12 per cent for the fiscal.