Infosys net up 6.1% in 2nd quarter

Infosys net up 6.1% in 2nd quarter

Bengaluru, Oct 14 (IANS) Global software major Infosys Ltd on Friday reported a Rs 3,606 crore consolidated net profit for the second quarter (July-September) of fiscal 2016-17, registering 6.1 per cent year-on-year (YoY) growth.

In a regulatory filing to the stock exchanges, the IT major said consolidated revenue for the quarter (Q2) under review increased 10.7 per cent YoY to Rs 17,310 crore.

In dollar terms, consolidated net income grew 3.8 per cent YoY to $539 million and consolidated gross revenue 8.2 per cent YoY to $2,587 million ($2.6 billion) under the International Financial Reporting Standard.

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