Software giant Infosys reports 3.3percent profit

Bengaluru: Global leader in technology and India’s second-biggest software service provider Infosys, surprising reported a 3.3 percent rise in its second-quarter profit since Vishal Sikka quit as Infosys CEO in August.

The company’s profit in the second quarter reached Rs.3,726 crores in three months that ended on September 30 against last year’s profit of Rs. 3,606 crores reported Infosys on October 24.

According to the Thomson Reuters data, the market analysists estimated a profit of ₹35.23 crore.
Operations revenues rose to 1.5 percent that is 17,567crores.

Nandan Nilekani, co-founder and former CEO of Infosys took over as the company’s new chairman after Vishal Sikka quit as Infosys CEO.