Infosys Q1 net up on client wins, FY18 dollar guidance raised

Infosys

Latest News – Infosys, India’s second-biggest software services exporter, reported a 1.4 percent increase in first-quarter profit on Friday, slightly beating street estimates, helped by key client wins.

Bengaluru-headquartered Infosys posted a consolidated net profit of Rs 3483 crore ($540 million) for the three months ending June 30, compared to Rs 3436 crore in the same quarter last year. Consolidated revenue from operations rose about 1.8 percent to Rs 17078 crore.

Analysts had, on average, estimated a (Read More)

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