Categories AlphaGraphs, Earnings, Technology

Infosys (INFY) Q3 Earnings: Key numbers and performance

Infosys Limited (NYSE: INFY) reported third-quarter 2021 earnings results Wednesday. Revenue increased to $3.5 billion from $3.2 billion last year. Analysts had expected revenue of $3.38 billion.

Infosys Q3 2021 earnings infograph

The net profit rose to $705 million from $626 million, while earnings per share increased from $0.15 to $0.17, compared to analysts’ estimate of $0.15 per share.

Digital revenues surpassed 50% of total revenue, with a year-on-year growth of 31.3% in constant currency.

“The Infosys team has delivered another quarter of excellent results. Execution of client-relevant strategy focused on digital transformation continues to drive superior growth, well ahead of the industry,” said Salil Parekh, CEO, and MD of the company.

Infosys’ stock closed at $18.76 on Tuesday evening. It rose 3% on Wednesday morning after the press release.

  • Infosys reports Q2 2021 earnings results
  • Infosys reports Q1 2021 earnings results

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Read the full conference call transcript here. It’s free!

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