Infosys misses profit estimates in Q1 but raises FY23 revenue guidance

[Bilgin]

Infosys misses profit estimates in Q1 but raises FY23 revenue guidance IT-giant, Infosys registered a single-digit 3.2% growth in consolidated net profit to ₹5,360 crore for the quarter ending June 30, 2022 (Q1FY23) compared to a profit of ₹5,195 crore in the same period last year. Q1 PAT declined by 5.7% from ₹5,686 crore of the preceding quarter.