Bengaluru (Karnataka) [India], January 12 (ANI): Infosys on Thursday reported a strong October-December 2022 performance with year-on-year net profit growth of over 13 per cent.

The net profit during the quarter was Rs 6,586 crore, the company said in its earnings report.

Also Read | Union Minister @DrJitendraSingh Said “As a Part of Samudrayaan Mission Undertaken by the … – Latest Tweet by Prasar Bharati News Services.

The IT services firm's revenue during the December quarter was at Rs 38,318 crore, against Rs 31,867 crore in the same quarter of 2021. It is 20 per cent higher year-on-year.

"Our revenue growth was strong in the quarter, with both digital business and core services growing. This is a clear reflection of our deep client relevance, industry-leading digital, cloud, and automation capabilities, and the unrelenting dedication of our employees", said Salil Parekh, CEO and MD, in the release.

Also Read | Samsung Galaxy S23 Leaks Show Official Marketing Images Revealing Full Design and New Colour.

"As reflected in the large deals momentum, we continue to gain market share as a trusted transformation and operational partner for our clients. Our end-to-end capabilities and global scale make us a preferred choice as clients look at consolidating vendors," Parekh added.

The firm's year-on-year growth was in double digits for most business segments and geographical regions in constant currency terms, it said in a release.

Further, attrition reduced "meaningfully" during the quarter and is expected to decline further in the near term, according to Nilanjan Roy, Chief Financial Officer. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)