The second-largest Indian IT exporter Infosys reported 1.3 per cent growth in consolidated net profit at Rs 3,483 crore for the quarter to June 2017.
It had posted a net profit of Rs 3,436 crore in April- June of 2016-17, Infosys said. Revenue of the Bengaluru-based firm grew 1.7 per cent to Rs 17,078 crore in the June quarter as against Rs 16,782 crore in the year-ago period, it added.
However, on a sequential basis, Infosys’ net profit declined 3.3 per cent while revenues were down 0.2 per cent in rupee terms.
Infosys maintained its revenue growth forecast for 2017- 18 to be in the range of 6.5-8.5 per cent in constant currency and 7.1-9.1 per cent in U.S dollar terms.