Infosys zoom on reporting 5% rise in Q1 consolidated net profit

Infosys is currently trading at Rs. 763.50, up by 36.40 points or 5.01% from its previous closing of Rs. 727.10 on the BSE.

The scrip opened at Rs. 762.00 and has touched a high and low of Rs. 767.00 and Rs. 754.50 respectively. So far 313705 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 773.65 on 09-Apr-2019 and a 52 week low of Rs. 600.65 on 26-Nov-2018.

Last one week high and low of the scrip stood at Rs. 767.00 and Rs. 706.70 respectively. The current market cap of the company is Rs. 326041.38 crore.

The promoters holding in the company stood at 12.84%, while Institutions and Non-Institutions held 56.91% and 13.14% respectively.

The company has reported a marginal rise of 1.88% in its net profit at Rs 3,569 crore for the first quarter ended June 30, 2019, as compared to Rs 3,503 crore for the same quarter in the previous year. Total income of the company increased by 11.66% at Rs 19,844 crore for Q1FY20 as compared Rs 17,772 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.26% in its net profit at Rs 3,802 crore for the quarter under review as compared to Rs 3,612 crore for the same quarter in the previous year. Total income of the company increased by 13.52% at Rs 22,539 crore for Q1FY20 as compared Rs 19,854 crore for the corresponding quarter previous year.

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