BENGALURU (Reuters) – Infosys, India’s No.2 IT services provider, missed quarterly profit estimates on Thursday, hurt by weak demand from clients amid global economic uncertainty.
Consolidated net profit fell 7.3% to 61.06 billion rupees ($735.55 million) in the seasonally weak third quarter from a year earlier.
Analysts, on average, expected a profit of 61.67 billion rupees, as per LSEG data.
($1 = 83.0130 Indian rupees)
(Reporting by Haripriya Suresh; Editing by Eileen Soreng)
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