India’s Infosys Q1 net rises 11%

India’s second-largest information technology company Infosys has reported a 11.4% rise in year-on-year profit for the April-June quarter amid the disruption caused by the Covid-19 pandemic. The Bangalore-based company has recorded a consolidated profit of 42.33 billion rupees (US$563 million), as against 37.98 billion rupees in the year-ago quarter. However, sequentially it has fallen 1.45%. […]