Infosys on Wednesday said its consolidated net profit grew by 20.5 per cent to Rs 4,845 crore for the September quarter, and it has raised revenue forecast to 2-3 per cent for FY21.
New Delhi:
Infosys had clocked a net profit of Rs 4,019 crore in the same period last fiscal, Infosys said in a filing.
The Bengaluru-based company’s revenues rose 8.5 per cent to Rs 24,570 crore in the quarter under review, from Rs 22,629 cr in the year-ago period.
Infosys has revised its guidance upwards to 2-3 per cent growth in FY21 in constant currency terms.
Earlier, the company had guided to up to 2 per cent growth in constant currency terms for the current fiscal. Infy also said it is giving 100 per cent variable pay along with a special incentive for the second quarter.
Additionally, it will also roll out salary increases and promotions across all levels, effective January 1, said Pravin Rao, COO, Infosys.
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