Infosys posts 7.3% decline in Q3 profit, narrows revenue guidance

Infosys Ltd on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106 crore in the third quarter of the current financial year as against Rs 6,586 crore during the same period a year ago.
Consolidated revenue from operations of the company increased marginally by 1.3 per cent to Rs 38,821 crore from Rs 38,318 crore in the year-ago period. Infosys narrowed its revenue growth guidance for the ongoing financial year to 1.5-2 pc from 1-2.5 per cent estimated earlier.
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