Friday, 24 March, 2023

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

<p>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, &nbsp;Infosys won large projects due to acceleration of digital project in large enterprises, following COVID- 19 pandemic. &quot;We see a lot of demand in areas like cloud, workplace and digital transformation activities,&rdquo; said CEO, Salil Parekh.</p>