Infosys Q1 profit rises 23% to Rs 5,195 crore; company raises revenue outlook for FY22

IT services major Infosys on Wednesday posted nearly 23 per cent rise in net profit for the June quarter at Rs 5,195 crore and raised its revenue growth outlook for the full fiscal to 14-16 per cent buoyed by its robust deal pipeline and “strong” Q1 performance.

Infosys, which has drawn flak over glitches in the new Income Tax portal, said this project is the biggest priority for the company right now and that it is working “expeditiously” to resolve the issues.