Shares of Infosys, which will announce its December quarter results on January 11, are flat on a year-to-date basis. In the second quarter, the Bengaluru-based company had reported a 3% growth in consolidated net profit at Rs 6,212 crore. Consolidated revenue grew nearly 7% YoY to Rs 38,994 crore.
Infosys said it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion.