Infosys Q2 net profit up 20.5% at Rs 4,845 crore; raises revenue forecast for FY21

India’s second-largest IT services company Infosys on Wednesday said its consolidated net profit grew by 20.5 per cent to Rs 4,845 crore for the September quarter, and it has raised revenue forecast to 2-3 per cent for FY21.

Infosys had clocked a net profit of Rs 4,019 crore in the same period last fiscal, Infosys said in a regulatory filing.

The Bengaluru-based company’s revenues rose 8.5 per cent to Rs 24,570 crore in the quarter under review, from Rs 22,629 crore in the year-ago period.

Infosys has revised its guidance upwards to 2-3 per cent growth in FY21 in constant currency terms.

Earlier, the company had guided to up to 2 per cent growth in constant currency terms for the current fiscal.