IT services company Infosys on Friday said its consolidated net profit has declined by 2.2 per cent at Rs 4,019 crore for the July-September 2019 quarter.
This is against a net profit of Rs 4,110 crore in the same period last fiscal, Infosys said in a regulatory filing.
The city-based company saw its revenue rise by 9.8 per cent to Rs 22,629 crore in the quarter under review from Rs 20,609 crore in the year-ago period.
In constant currency terms, this translates into a 11.4 per cent increase.
Infosys has raised the lower-end of its FY 20 revenue guidance and the revised forecast now stands at 9-10 per cent growth in constant currency terms.
At the beginning of the fiscal, the company had said it expected a revenue growth of 7.5-9.5 per cent for FY 2019-20.
Subsequently, while announcing its first quarter numbers, the company raised its revenue growth guidance for the fiscal to 8.5-10 per cent.
"Our performance was robust on multiple dimensions