IT firm Infosys Tuesday reported a 10.3% growth in its consolidated net profit at Rs 4,110 crore for the second quarter ended September 2018 as against a net profit of Rs 3,726 crore in the year-ago period.
In a BSE filing,the Bengaluru-based firm said its revenue grew 17.3% to Rs 20,609 crore in the quarter under review as compared to Rs 17,567 crore in the same period of 2017-18, reported PTI.
“We are delighted with our broad-based growth across all business segments and geographies during the quarter. This is a testimony to our strong client relationships, digital-led full service capabilities, and intense focus on the needs of our clients,” Infosys CEO and managing director Salil Parekh said.
Analysts had on average expected a profit of 40.51 billion rupees, according to I/B/E/S data from Refinitiv.
He added that large deal wins at over $2 billion during the quarter “demonstrate our increased client relevance and also give us better growth visibility for the near-term”.
Digital revenues at $905 million make 31% of total revenues, it said.
{{/usCountry}}Digital revenues at $905 million make 31% of total revenues, it said.
{{/usCountry}}Infosys also said it will comply with arbitration award asking it to pay Rs 12.17 crore to former CFO Rajiv Bansal.
The company declared an interim dividend of Rs 7 per share.
(With PTI inputs)