Infosys ups guidance, posts 12% rise in Q3 net to Rs 5,809 cr

In US dollar terms the company's revenue growth was 7 per cent in constant currency basis

IT services major Infosys continued to maintain its growth trajectory as it met street expectations even as the company revised its revenue guidance for the fiscal year 2022 to 19.5 per cent to 20 per cent. The company had raised its guidance for FY22 in Q2 to a growth of 16.5 per cent to 17.5 per cent.

For the quarter the company reported net profit of Rs 5,809 crore up 11.8 per cent year on year and grew 7 per cent on sequential basis. Revenue for the quarter grew by almost 23 per cent at Rs 31,867 crore and sequentially was