Infosys quarter 2 net profit up 20.5% at Rs 4,845 crore

Infosys quarter 2 net profit up 20.5% at Rs 4,845 crore

IT bellwether Infosys on Wednesday reported a 20.5% growth in its consolidated net profit for the second quarter ended September 30. - File photo

New Delhi, October 14

IT bellwether Infosys on Wednesday reported a 20.5% growth in its consolidated net profit for the second quarter ended September 30. It posted a net profit of Rs 4,845 crore in the period under review as against Rs 4,019 crore in the same period previous fiscal.

The IT major also revised its annual revenue growth forecast between 2% and 3% from an earlier projection of 0% to 2%.

The company also said it will roll out salary hikes and promotions across all levels with effect from January 1.

“Our second quarter performance is a clear reflection of our ability to help clients on their digital transformation journeys,” said Salil Parekh, CEO and managing director, Infosys. — Agencies

Top Stories

Pak minister admits to Imran Khan govt’s role in Pulwama terrorist attack

Pak minister admits to Imran Khan govt’s role in Pulwama terrorist attack

‘You and us are all part of that success’, Fawad Chaudhry te...

Train service in Punjab not to resume as BKU refuses to lift blockade

Train service in Punjab not to resume as BKU refuses to lift blockade

An emergency meeting was called by the three-member committe...

Stubble-burning: President promulgates ordinance to deal with air pollution in Delhi-NCR

Stubble-burning: President promulgates ordinance to deal with air pollution in Delhi-NCR

Ordinance sets up Commission on Air Quality Management in De...

3 dead as woman beheaded in knife attack at French church

3 dead as woman beheaded in knife attack at French church

Attacker shouts ‘Allahu Akbar’; incident described as terror...

Cities

View All