Software major Infosys Ltd on Friday reported 28. 1 per cent sequential decline in consolidated net profit, in rupee terms, to Rs 3, 690 crore for the fourth quarter of 2017 - 18.
In a regulatory filing on the BSE, the city - based IT firm said consolidated revenue for the quarter under review was up 1. 6 per cent sequentially to Rs 18, 083 crore in rupee terms.
On a yearly basis, net profit, however, grew 2. 4 per cent and revenue 5. 6 per cent in rupee terms.
Under the International Financial Reporting Standards, in dollar terms, consolidated net income declined 28. 1 per cent sequentially to $571 million but gross income was up 1. 8 per cent sequentially to $2, 805 million.
On yearly basis, net income, however, grew 5. 3 per cent and gross income grew 9. 2 per cent.