Infosys bests peers posting 12% rise in profits, expects minimal impact from H-1B visa ban

BENGALURU: Betting big on large deal wins and a fast-growing digital business, India’s second-largest IT services firm Infosys posted a net profit of Rs 4,233 crore in Q1 FY21, an increase by 12% from Rs 3,798 crore a year ago.

Rivals like TCS, Wipro have posted de-growth/flat-growth in their quarterly revenues as COVID pandemic cast its shadow over the IT sector.