New Delhi, Jan 13 (PTI) Shares of Infosys on Thursday jumped 1 per cent after the company reported a near 12 per cent rise in the December quarter net profit and raised its annual revenue forecast.

Shares of the company gained 1.03 per cent to settle at Rs 1,897 apiece on BSE. During the day, it jumped 1.83 per cent to Rs 1,912.

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On NSE, it climbed 0.95 per cent to close at Rs 1,895.30.

In volume terms, 6.32 lakh shares were traded on BSE and over 1.42 crore on NSE.

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Infosys Ltd on Wednesday reported a near 12 per cent rise in the December quarter net profit to Rs 5,809 crore and raised its annual revenue forecast on the back of strong demand from businesses going digital amid the pandemic.

The Bengaluru-based company's consolidated net profit in the September-December 2020 quarter was Rs 5,197 crore.

Its revenue soared 23 per cent to Rs 31,867 crore.

The nation's second-largest IT services firm said it expects revenue growth of 19.5-20 per cent on a constant currency basis in the current fiscal, against a 16.5-17.5 per cent forecast in October.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)