Panaya investigation to guidance: Key takeaways from Infosys results

Infosys reported a 7% rise in consolidated net profit at Rs 3,726 crore for the quarter ended September 2017 (Q2FY18). The IT giant, however, cut its revenue guidance for FY18 to 5.5%-6.6%. This was the first quarterly earnings after Infosys’ co-founder, Nandan Nilekani, returned as the company's new non-executive chairman after the sudden resignation of then CEO Vishal Sikka earlier this year.
 
Here are the key takeaways from Q2 earnings
 
FINANCIALS: NET PROFIT AND REVENUE
 
Infosys reported a 7% quarter-on-quarter (QoQ) fall, and 3.4% year-on-year growth in consolidated net profit to Rs 3,726 crore for July-September quarter.