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    Infosys Q2 net profit jumps 10.3% YoY to Rs 4,110 crore, declares interim dividend

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    Infosys Q2 net profit jumps 10.3% YoY to Rs 4,110 crore, declares interim dividend

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    India's second largest IT services firm, Infosys, on Tuesday reported 10.3 percent growth in consolidated net profit at Rs 4,110 crore against for the quarter ended on September 30, 2018, compared to a net profit of Rs 3,610 crore in the year-ago period.

    India's second largest IT services firm, Infosys, on Tuesday reported 10.3 percent growth in consolidated net profit at Rs 4,110 crore against for the quarter ended on September 30, 2018, compared to a net profit of Rs 3,610 crore in the year-ago period.
    CNBC-TV18 poll had predicted net profit of Rs 4,138 crore for the quarter under review.
    Revenues from operations of the Bengaluru-based firm grew 17.3 percent to Rs 20,609 crore in the July-September quarter as compared to Rs 17,567 crore in the same period of 2017-18, Infosys said in a BSE filing.
    Digital revenues at $905 million make 31 percent of total revenues, it said.
    Infosys has maintained revenue growth outlook at 6-8 percent in constant currency for FY19. It had also maintained FY 2018-19 operating margin guidance in the range of 22-24 percent.
    The company declared an interim dividend of Rs 7 per share, which will be paid on October 30, it said in a statement.
    Salil Parekh, chief executive officer and managing director, said, "We are delighted with our broad-based growth across all business segments and geographies during the quarter. This is a testimony to our strong client relationships, digital led full service capabilities, and intense focus on the needs of our clients," said
    "Large deal wins at over $2 billion during the quarter demonstrate our increased client relevance and also give us better growth visibility for the near-term," Parekh added.
    The stock fell by 0.39 percent to settle at Rs 696.40 apiece on the BSE.
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