Infosys’ Q1 profit rises 11 pc to Rs 5,945 crore; lowers full year outlook to 1 to 3.5 pc
PTI, Jul 20, 2023, 4:25 PM IST
IT services firm Infosys on Thursday reported an 11 per cent rise in consolidated net profit in June quarter at Rs 5,945 crore, but lowered full year growth outlook to 1-3.5 per cent amid macro uncertainties.
The net profit (before minority interest) during the same period previous year stood at Rs 5,362 crore.
The company posted a revenue growth of 10 per cent to Rs 37,933 crore, up from Rs 34,470 crore in the year ago period.
The country’s second largest IT services company has lowered its revenue guidance for the full year to 1 to 3.5 per cent in constant currency, down from 4 to 7 per cent projected earlier.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex, Nifty fall for 3rd day amid foreign fund exodus
Tomato prices to cool down soon, says Consumer Affairs Secretary
Markets fall after rising in opening trade amid unabated foreign fund outflows
Qualcomm to enter sub-Rs 10k smartphone segment with Xiaomi’s made in India 5G handset
Nifty 50 projected to reach 27,867 level in next 12 months: PL Capital
MUST WATCH
Latest Additions
Veteran Bengali actor Debraj Roy dies at 69
Bengaluru Kambala 2024 remains uncertain; Preparations yet to begin
NDA committed to furthering national progress, empowering poor: PM Modi
Tearful adieu to Kannur ADM; P P Divya booked for suicide abetment, removed from post
South Africa stun mighty Australia by 8 wickets to enter Women’s T20 World Cup final
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.