Infosys Announces Strong Second Quarter Results, Beating Market Expectations
- By Reuters |
- Oct 16, 2018
- Last Updated at 16:51 IST
Infosys, the Bengaluru based technology outsourcing company, has announced a 10.3% rise in quarterly profit for the month of July to September. The rise in the profits has beaten the market expectations and it was mainly due to winning many large deals in the quarter.
The net profit for the quarter rose to 41.10 billion rupees when compared with 37.26 billions for the same month a year ago. The company also reported a rise in revenue by 17.3% from operations to 206.09 billion rupees.
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