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Infosys Ltd Announces Increase In Q3 Profit

Infosys Ltd (INFY) revealed earnings for its third quarter that increased from the same period last year.

The company's profit totaled $627 million, or $0.15 per share. This compares with $502 million, or $0.12 per share, in last year's third quarter.

Analysts had expected the company to earn $0.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.4% to $3.24 billion from $2.99 billion last year.

Infosys Ltd earnings at a glance:

-Earnings (Q3): $627 Mln. vs. $502 Mln. last year.
-EPS (Q3): $0.15 vs. $0.12 last year.
-Analysts Estimate: $0.14
-Revenue (Q3): $3.24 Bln vs. $2.99 Bln last year.

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