Infosys Posts 14% Rise In Q2 Profit, Announces Salary Hikes From January

Analysts on average had expected the company's profit at Rs 4,519 crore over revenue of Rs 24,191 crore, news agency Reuters reported citing Refinitiv data. The company's upbeat profit this quarter comes in contrast to peers TCS and Wipro, which saw their profit drop 7.1 per cent and 3.4 per cent respectively. Revenue from its financial services segment grew 5.55 per cent to Rs 7,871 crore, and that from retail rose 7.67 per cent...