IT solutions provider Infosys' profit in July-September quarter increased 5 percent to Rs 3,606 crore from Rs 3,436 crore in preceding quarter.
Rupee revenue rose 3.14 percent to Rs 17,310 crore and dollar revenue was up 3.4 percent at USD 2,587 million on sequential basis.
The country's second largest IT company has slashed its revenue guidance for FY17 to 8-9 percent from 10.5-12 percent in constant currency terms.
Earnings before interest and tax (EBIT) jumped 6.5 percent to Rs 4,309 crore and margin expanded by 80 basis points to 24.9 percent on QoQ basis, which was ahead of estimates of Rs 4,182 crore and 24.4 percent, respectively.
Infosys has declared an interim dividend of Rs 11 per equity share. The stock was quoting at Rs 1,027, down 2.38 percent after hitting a 52-week low of Rs 996.15.
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