Infosys Q1 net grows 5.2 pc to Rs 3,802 cr; ups revenue guidance to 8.5-10%
IT behemoth Infosys Ltd Friday posted better-than-expected 5.3 per cent rise in its June quarter net profit as it bagged more orders, and raised revenue growth forecast for the current fiscal to 8.5-10 per cent range.The country’s No 2 IT services firm posted a net profit of Rs 3,802 crore, or Rs 8.83 per share, in April-June as compared to Rs 3,612 crore, or Rs 8.31 a share, in the same period of the previous fiscal, the company said.Notably, Infosys has announced an enhanced capital allocation policy wherein it will…
Read More