Infosys' Q1 profit rises 11 pc to Rs 5,945 cr; company slashes FY24 outlook to 1-3.5 pc amid macro woes
July 20, 2023 5:00 pm | Updated 5:00 pm IST - DD News
Photo: DD News
IT services firm Infosys on Thursday reported an 11 per cent rise in consolidated net profit in the June quarter at Rs 5,945 crore, but delivered a shocker by slashing full year growth outlook to 1-3.5 per cent hurt by macro uncertainties and delayed decision-making in the market.
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 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.