Infosys Q1 profit up 1.4% to Rs 3,483 cr, co raises dollar revenue guidance

Infosys stock was up 1.81 per cent at Rs 994 at 09.20 hours on the Bombay Stock Exchange.

Infosys, India's second-largest software exporter said its first-quarter profits grew 1.4 per cent to Rs 3,483 crore and revenue grew 1.8 per cent to Rs 17,078 crore,  on the back of improved operation controls, even as business from its main markets remain muted.

Infosys had posted a profit of  Rs 3,436 crore and revenue of  Rs 16,782 crore in the same period last year.

"“Our persistent focus on execution in Q1 is reflected in broad-based performance on multiple fronts– revenue growth, resilient margins despite multiple headwinds, healthy cash generation and overall business results," Infosys CEO Vishal Sikka said in a