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Infosys Q1 results: Profit rises 5% to Rs 3,802 crore; firm raises guidance for FY20

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IT major Infosys on Friday reported a 5.3 per cent year-on-year rise in profit at Rs 3,802 crore for the June quarter. Sequentially, profit fell 6.8 per cent. Analysts in an ET NOW poll had projected a net of Rs 3,730 crore. The company has increased FY20 revenue growth guidance to 8.5-10 per cent in constant currency, while maintaining FY20 operating margin guidance in range of 21-23 per cent.

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