Infosys Q1 net grows 5.2 pc to Rs 3,802 cr

The country’s second-largest IT services firm Infosys on Friday reported 5.2 per cent growth in consolidated net profit to Rs 3,802 crore for the quarter ended June 30, 2019.

It had posted a net profit of Rs 3,612 crore in the April-June 2018 quarter, Infosys said in a BSE filing.

Revenue from operations of the Bengaluru-based firm grew 13.9 per cent to Rs 21,803 crore in the June 2019 quarter, compared to Rs 19,128 crore in the year-ago period, it added.

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency. In April quarter, Infosys had said it expected a revenue growth of 7.5-9.5 per cent in FY 2019-20.