Infosys Q3 net rises 12% to Rs 5,809 cr, raises FY22 revenue guidance

Infosys, the country's second largest software exporter, on Wednesday reported 12% increase in consolidated net profit at Rs 5,809 crore for the quarter ending December 2021. It was Rs 5,197 crore in year-ago period. 

Consolidated revenue rose 23% to Rs 31,867 crore as againt Rs 25,927 crore a year ago. The company revised its revenue guidance for FY22 upwards to 19.5%-20% on a constant currency basis, compared with the 16.5%-17.5% growth predicted in October.

On Wednesday, Infosys' scrip on BSE closed 1.1% higher at Rs 1,877.60. 

"Our strong performance and market share gains are a testament to the enormous confidence