Infosys' Q1 profit rises 11% to Rs 5,945cr; company slashes FY24 outlook to 1-3.5% amid macro woes

IT services firm Infosys on Thursday reported an 11 per cent rise in consolidated net profit in the June quarter at Rs 5,945 crore, but delivered a shocker by slashing full year growth outlook to 1-3.5 per cent hurt by macro uncertainties and delayed decision-making in the market. The net profit (before minority interest) during the same period previous year stood at Rs 5,362 crore.

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