Infosys Q2 consolidated net up 20.5% YoY at Rs 4,845 cr; ups FY21 guidance

Infosys on Wednesday reported a 20.5 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 4,845 crore for the quarter ended September 30, 2020 (Q2FY21). The information technology (IT) services major had posted a profit of Rs 4,019 crore in the year-ago period. On a sequential basis, profit grew 14.45 per cent.

The company's revenue came in at Rs 24,570 crore, up 8.5 per cent YoY and 3.8 per cent QoQ. In constant currency terms, revenues increased by 4 per cent on a sequential basis and 2.2 per cent YoY. In US dollar terms, revenues came in