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Indian software giant Infosys has reported a 16.6 per cent jump in quarterly net profits, boosted by a string of lucrative new deals and growing demand for digital services during the coronavirus pandemic.
According to AFP, the Bangalore-headquartered firm said its net profit rose to 51.97 billion Indian rupees for the October-December quarter, up from 44.57 billion a year earlier.
The third quarter is traditionally a weak one for India's IT industry, but CEO Salil Parekh said new partnerships with top global companies such as Daimler and Rolls-Royce had helped to boost the firm's bottom line.
