Infosys , the second largest software services exporter in India, has reported a consolidated net profit of Rs 2,886 crore in April-June quarter, degrowth of 3.5 percent compared to Rs 2,992 crore in previous quarter. Year-on-year growth in profit was 21.6 percent. Bottomline as well as operating performance were better-than-expectations while revenue was inline. According to CNBC-TV18 poll estimates, analysts had expected the company to report net profit oRs 2,667 crore on revenue of Rs 12,814 crore for the quarter. Consolidated revenue fell 0.8 percent (up 13.3 percent on yearly basis) to Rs 12,770 crore during April-June quarter from Rs 12,875 crore in previous quarter and dollar revenue stood at USD 2,133 million, up 1.95 percent on sequential basis. Analysts had estimated dollar revenue at USD 2140 million for the quarter.
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