The December quarter results of India's second largest IT services company Infosys were released on Friday. The company's December quarter consolidated net profit has increased by 23.7 percent. The company reported a net profit of Rs 4,466 crore for the quarter. Apart from this, the company had a net profit of Rs 3,610 crore in the year-ago period. The same Infosys has given this information in a BSE filing.

Apart from this, the revenue of the company increased by 7.9 percent to Rs 23,092 crore in the quarter under review, if it was Rs 21,400 crore in the same period a year ago. In dollar terms, Infosys net profit in December quarter was $ 62.7 million and revenue growth was $ 3.24 billion.

Apart from this, Infosys has raised its revenue estimates for the financial year 2019-20 from 9-10 per cent to 10-10.5 per cent in October. It shows that we are moving fast and firmly and are deeply involved with our customers. At the same time, Infosys COO Praveen Rao said that we are constantly getting big deals and we have also reduced the rate of employees leaving the company.

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