Infosys Q3 2013 Results Highlights | Q3 2013 Infosys Results | Infosys Announces Record Results For Third Quarter 2013 | Infosys Q3 2013 Results

Infosys Q3 2013 Results Highlights | Q3 2013 Infosys Results | Infosys Announces Record Results For Third Quarter 2013 | Infosys Q3 2013 Results

Infosys, India's second biggest IT services company, announced its results for the third quarter of the current fiscal year. Shares jumped 13 per cent in early trade after results beat street expectations. The company reported a consolidated net profit of Rs 2,875 crore for quarter ended December 2013 against a net profit of Rs 2,407 crore in previous quarter. ET Now poll had expected net profit of Rs 2,685.2 crore. Following are the highlights of the Q3 2013: 

•          Revenues were Rs. 10,424 crore for the quarter ended December 31, 2012;

•          QoQ growth was 5.7 per cent

•          YoY growth was 12.1 per cent

•          Revenues excluding Lodestone were Rs. 10,210 crore;

•          QoQ growth was 3.6 per cent

•          YoY growth was 9.8 per cent

•          Net profit after tax was Rs. 2,369 crore  for the quarter ended December 31, 2012, which remained unchanged compared to the quarter ended September 30, 2012

•          Earnings per share (EPS) was Rs. 41.47 for the quarter ended December 31, 2012 against Rs. 41.46 for the quarter ended September 30, 2012

•          Liquid assets including cash and cash equivalents, current available-for-sale financial assets, investment in certificates of deposits and government bonds were Rs. 22,501 crore versus Rs.22,570 crore as on September 30, 2012.

•          The company won 8 large outsourcing deals amounting to US$ 731 million of total contract value

•          14 new wins for Infosys' products and platforms

•          Infosys and its subsidiaries added 53 clients during the quarter

•          Gross addition of 7,499 employees (net addition of 977) for the quarter by Infosys and its subsidiaries.

•          1,55,629 employees as on December 31, 2012 for Infosys and its subsidiaries

•          Completed the acquisition of Lodestone Holding AG, a leading management consultancy based in Switzerland

•          Infosys American Depositary Shares (ADS) have started trading on the New York Stock Exchange (NYSE) under the ticker symbol 'INFY'. The company is in the process of listing its ADS on the Paris and London exchanges of NYSE Euronext.