The Hindu·3 min read·medium
Infosys posts 12% rise in Q1 net profit; names Ashiss Kumar Dash CEO-designate
M
Mini Tejaswi
✦AI Summary
Infosys reported a 12.2% increase in net profit for the first quarter, alongside a 14% rise in revenue. The company also announced Ashiss Kumar Dash as the CEO-designate while highlighting that AI-driven services now account for 8.2% of its total revenue.
Infosys, the country’s second largest tech firm, on Thursday posted a net profit of ₹7,769 crore during the June ended quarter, a 12.2% growth a net profit of ₹6,921 crore in the corresponding period a year ago.
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