Infosys Q2 results: Net profit rises 21% to ₹4,845 crore, beats estimates

Infosys, India’s second largest software services provider on Wednesday reported 20.5 per cent year-on-year (YoY) increase in the net profit fro the September quarter. The company posted ₹4,019 crore profit for the corresponding quarter last year. Consolidated revenue from operations increased to ₹24,570 crore in Q2FY21, up by 8.6% YoY. The operating profit also rose to ₹6,228 crore, growth of 26.8% YoY.

Infosys revised its revenue growth guidance upward to 2-3% in constant currency for financial year 2020-21, from 0-2% earlier. The full year operating margin guidance also revised upward to 23-24%, against 21-23% earlier.

“Our second quarter performance is a clear reflection of our ability to help clients on their digital transformation journeys.