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Infosys Q2 net dips 2% YoY to Rs 4,019 cr; ups FY20 guidance to 9-10%

In constant currency (CC) terms, Infosys posted revenue growth of 11.4 per cent YoY while in US dollar terms, the numbers grew 9.9 per cent.

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Swati Verma New Delhi
Infosys on Friday posted a 2.2 per cent year-on-year (YoY) fall in the consolidated net profit at Rs 4,019 crore for the quarter ended September 30, 2019. The IT major had recorded profit of Rs 4,110 crore in the year-ago period. Sequentially, the numbers grew 5.8 per cent. The company also revised its FY20 revenue guidance to 9-10 per cent in constant currency terms. 

In constant currency (CC) terms, Infosys posted revenue growth of 11.4 per cent YoY while in US dollar terms, the numbers grew 9.9 per cent. In rupee terms, revenue came in at Rs 22,629 crore, up