Infosys Q2 results: IT giant's net profit up by 20.5% to Rs 4,845 cr

FPJ Web DeskUpdated: Wednesday, October 14, 2020, 11:32 PM IST
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India's second-largest IT services company Infosys on Wednesday said its consolidated net profit grew by 20.5 percent to Rs 4,845 crore for the September quarter, and it has raised revenue forecast to 2-3 percent for FY21.

During the corresponding period of the last financial year, Infosys had reported a consolidated net profit of Rs 4,019 crore.

The company's total revenue from operations stood at Rs 24,570 crore, 8.58 per cent higher than Rs 22,629 crore earned in the year-ago period, it said in a regulatory filing.

It has revised the FY21 revenue growth guidance upward to 2-3 per cent in constant currency.

The IT major has declared an interim dividend of Rs 12 per equity share and fixed October 26, 2020 as record date for interim dividend and November 11, 2020 as the payment date.

On Wednesday, its shares on the BSE closed at Rs 1,136.10, lower by Rs 21.90 or 1.89 per cent from its previous close.

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