Bengaluru, April 13 -- For the first time in many years, global software major Infosys net profit went up in the fourth quarter but declined yearly for the fiscal 2018-19 owing to non-operational reasons, said the company on Friday.
In a regulatory filing on the BSE, the city-based IT behemoth reported Rs 4,074-crore consolidated net profit for the fourth quarter (Q4) of fiscal 2018-19, registering 10.4 per cent annual and 12.9 per cent quarterly growth.
For the fiscal 2018-19, net profit, however, declined 3.9 per cent annually to Rs 15,404 crore from Rs 16,029 crore in the previous fiscal 2017-18.
Under the International Financial Reporting Standards (IFRS), consolidated net income declined 11.6 per cent annually to $2,199 million for ...