Infosys reports lower than estimated 3.2 per cent rise in June quarter net profit

NEW DELHI: India’s second-largest IT services firm Infosys reported a lower-than-estimated 3.2 per cent rise in June quarter net profit as operating margin declined on rising expenses. Net profit is at Rs 5,360 crore, or Rs 12.78 a share, compared with Rs 5,195 crore, or Rs 12.24 per share, in the same period a year back, the company said in a statement. Sequentially, the profit declined 5.7 per cent from Rs 5,686 crore in the January-March quarter.