Infosys Q1 net profit rises 11.5% to ₹4,233 crore
Business / Infosys Q1 net profit rises 11.5% to ₹4,233 crore
Business - Infosys Q1 net profit rises 11.5% to ₹4,233 crore
Bengaluru: India’s Infosys Ltd on Wednesday reported a stronger-than-expected profit for the June quarter, as the software services firm managed to secure large deals from clients during the Covid-19 pandemic.The Bengaluru-based company’s net profit climbed to 42.33 billion rupees ($563.8 million) from 37.98 billion rupees a year earlier.Analysts on average had expected a profit of 39.87 billion rupees, according to Refinitiv data.Revenue rose 8.5% to 236.65 billion rupees.