X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
INFOSYS LTD Announces Quarterly Results (3QFY19); Net Profit Down 29.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

INFOSYS LTD Announces Quarterly Results (3QFY19); Net Profit Down 29.6%
Mon, 14 Jan

INFOSYS LTD has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

INFOSYS LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m177,940206,090214,0003.8%20.3%
Other incomeRs m9,6207,3907,5301.9%-21.7%
TurnoverRs m187,560213,480221,5303.8%18.1%
ExpensesRs m129,770152,520164,4107.8%26.7%
Gross profitRs m48,17053,57049,590-7.4%2.9%
DepreciationRs m4,9804,6305,80025.3%16.5%
InterestRs m0000.0%0.0%
Profit before taxRs m52,81056,33051,320-8.9%-2.8%
TaxRs m1,52015,23015,220-0.1%901.3%
Profit after taxRs m51,29041,10036,100-12.2%-29.6%
Gross profit margin%27.126.023.2
Effective tax rate%2.927.029.7
Net profit margin%27.319.316.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 20.3% on a year-on-year (YoY) basis. The expenses were up by 26.7% YoY during the same period.
  • The company's operating profit increased by 2.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 23.2% in 3QFY19 as against 27.1% in 3QFY18.
  • Depreciation charges increased by 16.5% and finance costs increased by 0.0% YoY, respectively.
  • Other income declined by 21.7% YoY during the quarter.
  • Net profit for the quarter declined by 29.6% YoY. Net profit margins during the quarter declined from 27.3% in 3QFY18 to 16.3% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 3.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.8% QoQ during the same period.
  • The company's operating profit declined by 7.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 23.2% in 3QFY19 as against 26.0% in 2QFY18.
  • Net profit for the quarter declined by 12.2% QoQ, while net profit margins declined from 19.3% in 2QFY18 to 16.3% in 3QFY19.

To see how INFOSYS LTD has performed over the last eight quarters, please visit here.

INFOSYS LTD Share Price Performance

Over the last one year, INFOSYS LTD share price has moved up from Rs 539.2 to Rs 697.7, registering a Gain of Rs 158.5 or around 29.4%.

Meanwhile, the S&P BSE IT Index is trading at Rs 14,080.7 (up 0.2%). Over the last one year it has moved up from 11,699.5 to 14,080.7, a gain of 2,381 points (up 20.4%).

Overall, the S&P BSE SENSEX is up 3.9% over the year.

Current Valuations

At the current price of Rs 697.7, the price to earnings (P/E) ratio of INFOSYS LTD stands at 20.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 4.7 times.

Equitymaster requests your view! Post a comment on "INFOSYS LTD Announces Quarterly Results (3QFY19); Net Profit Down 29.6%". Click here!

  

Related Views on News

INFOSYS LTD Announces Quarterly Results (2QFY19); Net Profit Up 10.3% (Quarterly Result Update)

Oct 17, 2018 | Updated on Oct 17, 2018

For the quarter ended September 2018, INFOSYS LTD has posted a net profit of Rs 41 bn (up 10.3% YoY). Sales on the other hand came in at Rs 206 bn (up 17.3% YoY). Read on for a complete analysis of INFOSYS LTD's quarterly results.

INFOSYS LTD 2017-18 Annual Report Analysis (Annual Result Update)

Aug 8, 2018 | Updated on Aug 8, 2018

Here's an analysis of the annual report of INFOSYS LTD for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of INFOSYS LTD. Also includes updates on the valuation of INFOSYS LTD.

INFOSYS LTD Announces Quarterly Results (1QFY19); Net Profit Up 1.6% (Quarterly Result Update)

Jul 25, 2018 | Updated on Jul 25, 2018

For the quarter ended June 2018, INFOSYS LTD has posted a net profit of Rs 36 bn (up 1.6% YoY). Sales on the other hand came in at Rs 191 bn (up 12.0% YoY). Read on for a complete analysis of INFOSYS LTD's quarterly results.

Infosys: A Good Operating Performance (Quarterly Results Update - Detailed)

Jan 13, 2018

Operational efficiencies drive a good quarterly performance for Infosys.

Infosys: A Decent Operating Performance (Quarterly Results Update - Detailed)

Oct 24, 2017 | Updated on Oct 25, 2017

Infosys delivers on profitability in the face of slowing growth.

More Views on News

Most Popular

5 Fundamentally Strong Stocks to Pick for Trading Today(Profit Hunter)

Mar 15, 2019

5 fundamentally strong stocks one could buy to trade in this market right now. Make sure you grab the chance this strongly rallying market offers.

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

My Top 3 Defence Stocks to Buy Now(The 5 Minute Wrapup)

Mar 19, 2019

The urgency to privatise India's defence sector to make India self-reliant was never as strong as it is today.

This Small Cap Stock Could Offer Triple Digit Gains from its Current Price(Profit Hunter)

Mar 19, 2019

If you are still waiting for signals, remember, there is no correct timing, only right time to Buy stocks. For select small caps, that time is now.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

INFOSYS SHARE PRICE


Mar 22, 2019 (Close)

TRACK INFOSYS

  • Track your investment in INFOSYS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE INFOSYS WITH

MARKET STATS