Infosys, a global leader in next-generation digital services and consulting, delivered a strong performance for the first quarter ended June 2021 (Q1). It registered a net profit of Rs 5,195 crore as against Rs 4,233 crore during the same quarter last year. The country's second largest software services company's revenue also went up by 6 per cent on quarter on quarter basis and stood at Rs 27,896 crore for the period ending June 30, 2021.

With year on year growth accelerating to 16.9% and sequential growth increasing to 4.8% in constant currency, the IT major’s large deal flows remained strong with TCV of $2.6 billion in Q1. Operating margin for the quarter was robust at 23.7%, with free cash flows growing by 15.2% year on year.

“Driven by the dedication of our employees and the trust of our clients, we grew at the fastest pace in Q1 in a decade. I am proud of our employees, who as ‘One Infosys’ demonstrate resilience and commitment in delivering for our clients. This gives us confidence to increase our revenue growth guidance to 14%-16%”, said Infosys' CEO and MD Salil Parekh. “As Infosys completes forty remarkable years, its continuing success and global impact are a testament to the vision of the founders and all the leaders who have shaped the company,” he added.