INSUBCONTINENT EXCLUSIVE:
Infosys' revenue from operations rose to Rs 31,867 crore.Bengaluru: Infosys Ltd on Wednesday reported nearly 12 per cent rise in
December-quarter profit, on strong demand for its software services from global businesses transforming their digital infrastructure.The
Bengaluru-based company's consolidated net profit for the third quarter (Q3) climbed to Rs 5,809 crore ($786.06 million), from Rs 5,197
crore a year earlier.Revenue from operations at the country's second biggest software services firm by revenue rose to Rs 31,867
crore.Further, Infosys raised the FY22 (2021-22) revenue growth outlook to 19.5-20 per cent from the previous guidance of 16.5-17.5 per
cent."Our strong performance and market share gains are a testament to the enormous confidence our clients have in us to help them in their
further.Infosys said it continued to see momentum in the large-deal space with total contract value at $2.53 billion in the third
quarter.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
