Infosys Q3 Net Profit Jumps 38% To Rs 5,129 Crore On Tax Reversal

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  1. Infosys Q3 Net Profit Jumps 38% To Rs 5129 Crore On Tax Reversal  NDTV
  2. Infosys Q3 profit grows 38.3 per cent  The Hindu
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In the December quarter, Infosys posted revenue of Rs crore while operating margin improved to . per cent..Infosys on Friday welcomed new CEO Salil Parekh with better than expected quarterly results, aided by a tax reversal from the US tax authorities and new client wins. Infosys, which maintained its margins, said its third quarter net profit grew . per cent at , crore on a year on year basis and .Infosys, India s No. IT major, today reported a net profit of Rs , crore for the quarter ended , aided by reversal of tax provisions Commenting on the Q earnings, Salil Parekh, CEO and MD of Infosys, said "It is a privilege for me to be appointed as the CEO MD of Infosys, helping .Infosys Q profit jumps on tax reversal maintains FY revenue, EBIT margin guidance The profit for the quarter, which was largely driven by tax reversal, stood at Rs , crore against Rs , crore in previous quarter, the company said in Bhushan Steel Q net loss widens to Rs , crore .

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