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Wednesday, October 27, 2021

Infosys Q2 Result: Infosys reports excellent profit in the second quarter, up 12 per cent to Rs 5,421 crore

Infosys, the country’s second largest IT services company, has announced the results of the second quarter. The company’s second quarter net profit has increased by 12 percent to Rs 5428 crore. Net profit grew by 4.3 per cent as compared to the June quarter. The company’s net profit in the June quarter was Rs 5,195 crore. The company’s second quarter revenue has increased by 20 percent to Rs 29,602 crore. The company has increased its revenue guidance for the financial year 2021-22 from 16.5 per cent to 17.5 per cent.

Wipro Q2 Results: Wipro profit up 19 per cent, revenue up 30 per cent to Rs 19,760 crore

Company earns big from Daimler deal

The company has got this income due to the Daimler deal. Infosys has made this impressive profit due to digital transformation of clients, growth in almost every vertical and a strong season. The Long Term Strategic Partnership between Infosys and Daimler was signed in December 2020. Through this partnership, Daimler AG will change its IT operating model and infrastructure. This includes workplace services, service desks, data centers, networks and SAP with Infosys. Is. Infosys will get $3.2 billion in return.

Stock Tips: These four stocks including two banking stocks will make great earnings, the next target of Nifty is the level of 18125

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