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Infosys Q4 net profit rises 16.4% y-o-y to Rs 3,597 crore

India's second-largest software firm, Infosys, reported a 16.14 % rise in fourth quarter profits to Rs 3,597 crore, while the company’s revenue grew 23.4% to Rs 16,550 crore.

Infosys, the first large Indian IT services firm to post results, had reported Rs 3,097 crore profit on revenue of Rs 13,411 crore in the January to March quarter last year. 

The Bengaluru-based IT bellwether forecast dollar revenue to grow between 11.5% and 13.5% in constant currency and 11.8% and 13.8% in March 2016 exchange rates for the year ahead.

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