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Rephrase the title:Infosys net profit declines 7.3% to ₹6,106 crore in Q3

Posted on January 11, 2024 By Haley Bennett

Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:

New Delhi, IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106 crore in the third quarter of the current financial year. The company had posted a net profit (attributable to shareholders) of Rs 6,586 crore during the same period a year ago, Infosys said in a regulatory filing

Consolidated revenue from operations of the company increased marginally by 1.3 per cent to Rs 38,821 crore during the quarter under review from Rs 38,318 crore in the year-ago period.

Infosys revised its revenue growth guidance for the ongoing financial year to 1.5-2 pc from 1-2.5 per cent estimated earlier.

The company also said that its board has approved a proposal to acquire a Bengaluru-based semiconductor design service provider InSemi for about Rs 280 crore.

The acquisition of InSemi is expected to close during the fourth quarter of FY24, subject to customary closing conditions, the filing said.

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

Business Tags:infosys, infosys earnings, infosys q3, infosys q3 results, infosys revenue

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