The muted net profit performance was on account of weak operating performance and lower other income. While operating profit margins were down 410 basis points y-o-y to 17.6 per cent in the core IT vertical, fall in other income was on account of buyback post-Q3, FY21.
This story is from the January 13, 2022 edition of Business Standard.
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This story is from the January 13, 2022 edition of Business Standard.
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