Infosys Q2 net profit at Rs 4,845 cr

Infosys had clocked a net profit of Rs 4,019 crore in the same period last fiscal, Infosys said in a filing. 

The Bengaluru-based company’s revenues rose 8.5 per cent to Rs 24,570 crore in the quarter under review, from Rs 22,629 cr in the year-ago period. 

Infosys has revised its guidance upwards to 2-3 per cent growth in FY21 in constant currency terms. 

Earlier, the company had guided to up to 2 per cent growth in constant currency terms for the current fiscal. Infy also said it is giving 100 per cent variable pay along with a special incentive for the second quarter. 

Additionally, it will also roll out salary increases and promotions across all levels, effective January 1, said Pravin Rao, COO, Infosys.