Infosys Q2 net profit up 6 percent on new client wins, beats estimates

Source : REUTERS
Last Updated: Fri, Oct 14, 2016 10:11 hrs
An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore

Infosys Ltd , India's second-biggest software services exporter, said on Friday its second-quarter net profit rose 6.1 percent, beating market expectations as it racked up new business client wins.

Consolidated net profit was 36.06 billion rupees ($542 million) for the fiscal second quarter ended Sept. 30, up from 33.98 billion rupees a year earlier, the company said in a statement.

Analysts had, on average, expected a net profit of 35.26 billion rupees, according to Thomson Reuters I/B/E/S.

($1 = 66.5919 Indian rupees)

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