Infosys surprises analysts as net profit rise 11.4% to Rs 4,233 cr

Infosys reported an 11.5% growth in profits to ₹4,233 cr in the Q1. Revenues, during the period, rose by 8.5% to ₹23,655 cr. The company said it would grow by 0-2 % in the current FY,  Infosys won large projects due to acceleration of digital project in large enterprises, following COVID- 19 pandemic. “We see a lot of demand in areas like cloud, workplace and digital transformation activities,” said CEO, Salil Parekh.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s