Q1 report card: Infosys raises revenue guidance

The country’s second largest software services exporter, Infosys’s April-June quarter earnings was a mixed bag with the company missing street estimates on the net profit front but raising its full-year revenue guidance.

Net profit at Rs 5,195 crore was up 2.3% from the preceding quarter but lower than Bloomberg consensus estimate of Rs 5,378.01 crore.