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Last Updated Tuesday May 30 2017 07:03 AM IST

Infosys narrows annual revenue guidance range after Q3 profit beat

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Infosys Q3 profit up 7% to Rs 3,708 cr

Mumbai: India's second-biggest software services exporter Infosys reported on Friday a 7 percent rise in third-quarter net profit on new client wins, beating street estimates.

Infosys posted a quarterly net profit of Rs 37.08 billion, compared with Rs 34.65 billion a year earlier. Revenue rose 8.6 percent to Rs 172.73 billion.

Analysts, on average, expected a profit of Rs 35.44 billion on revenue of Rs 173.01 billion, according to Thomson Reuters data.

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