Infosys Q3 results power share price nearly 3 pct

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Infosys profit for the three months ended December 31 was Rs 2,875 crore. Infosys profit for the three months ended December 31 was Rs 2,875 crore.
SummaryInfosys Q3 results, unveiled on Friday, powered its share price.

Infosys Ltd's share price rose as much as 3 per cent after the company posted a 21 per cent rise in quarterly net profit, beating analysts' estimates - Infosys is India's second-largest software services exporter, .

Infosys, whose customers include Bank of America Corp and BT Group Plc, said profit for the three months ended December 31 was Rs 2,875 crore ($463 million), compared with the average estimate of Rs 2,715 crore by 21 analysts, according to Thomson Reuters I/B/E/S.

Infosys shares was trading 2.84 per cent up to Rs 3,549.00 at 12.50 pm.

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