Infosys Q1 profit rises 5.3% at ₹3,802 cr, shares hit record high

India's second-largest IT services firm Infosys has reported a 5.3% year-on-year rise in profit in the quarter ended June at ₹3,802 crore, beating market estimates. The company's shares rose by 7.2% on Monday, hitting an all-time high. Its first-quarter revenue grew by 14% to ₹21,803 crore from the year-ago period.